Retirement plan

TECHNICA LLC 401(K) PLAN

Name: TECHNICA LLC - TECHNICA LLC 401(K) PLAN (2017) Form 5500
Creator: TECHNICA LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TECHNICA LLC 401(K) PLAN, TECHNICA LLC

TECHNICA LLCEIN 43-2036786Plan #001PY 2017

1 COOL BLOW STREET, SUITE 201 - CHARLESTON, SC 29403843-822-9605technicanow.comLinkedIn201-500 employeesdefense & space

Other plans on this EIN

1 filing

#002Retirement-$2.5M assets

Prospect flagsLow returnsLow assets / participantLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$3.3M

+42.7% from 2016

Total participants

787

+30.9% from 2016

Average account balance

$5,183

+2.6% from 2016

Annual return

4.42%

-17.23 pp from 2016

Benchmarks

See 664 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort664 peers

Snapshot2017

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$16.60M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$16K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,049

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

72.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.98M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.46%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$197

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: GREAT-WEST LIFE AND ANNUITY Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$26,483
ROYAL ALLIANCE ASSOCIATES INC2 years Filed as: ROYAL ALLIANCE ASSOCIATES INC. Service code 55 ONE WORLD FINANCIAL CENTER · NEW YORK, NY 10281	Other Commissions	$16,950
FIRST PARTY ADMINISTRATOR, LLC2 years Filed as: FIRST PARTY ADMINISTRATOR Service code 13 5352 PEACHTREE ROAD · ATLANTA, GA 30341	Contract Administrator	$7,999
FIRST PARTY ADMINISTRATOR, LLC2 years Service code 13	Contract Administrator	$2,327
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER RETIREMENT Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$705
MY BENEFITS, LLC2 years Filed as: MY BENEFITS LLC Service code 13 5352 PEACHTREE ROAD · ATLANTA, GA 30341	Contract Administrator	$566
MORNINGSTAR2 years Filed as: MORNINGSTAR INC Service code 99 5904 PAYSPHERE CIRCLE · CHICAGO, IL 60674	Other Fees	$453

Plan features & details

Pension benefit codes2F2G2J2T3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

4 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$42K

$62 / participant

Investment mgmt$42K100.0%

% of EOY assets

1.279%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: JONES, POUNDER & ASSOCIATES, P.C.
Auditor EIN: 570725618
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$5,183

$31,424-83.5%

$81,473-93.6%

$69,631-92.6%

Participation rate

77.9%

50.8%+27.1pp

68.0%+10.0pp

70.7%+7.3pp

Annual return

4.42%

22.44%-18.0pp

38.78%-34.4pp

27571.02%-27566.6pp

Employer contribution / active EE

$1,029-100.0%

$2,568-100.0%

$2,032-100.0%

Participant deferral / active EE

$2,379

$1,838+29.4%

$3,537-32.7%

$3,224-26.2%

Admin fee / account holder

$66

$103-35.4%

$4,561-98.5%

$110-40.0%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: GREAT-WEST LIFE AND ANNUITY

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$26,483

ROYAL ALLIANCE ASSOCIATES INC2 years

Filed as: ROYAL ALLIANCE ASSOCIATES INC.

Service code 55

ONE WORLD FINANCIAL CENTER · NEW YORK, NY 10281

Other Commissions

$16,950

FIRST PARTY ADMINISTRATOR, LLC2 years

Filed as: FIRST PARTY ADMINISTRATOR

Service code 13

5352 PEACHTREE ROAD · ATLANTA, GA 30341

Contract Administrator

$7,999

FIRST PARTY ADMINISTRATOR, LLC2 years

Service code 13

Contract Administrator

$2,327

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER RETIREMENT

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$705

MY BENEFITS, LLC2 years

Filed as: MY BENEFITS LLC

Service code 13

5352 PEACHTREE ROAD · ATLANTA, GA 30341

Contract Administrator

$566

MORNINGSTAR2 years

Filed as: MORNINGSTAR INC

Service code 99

5904 PAYSPHERE CIRCLE · CHICAGO, IL 60674

Other Fees

$453

TECHNICA LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TECHNICA LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion