Retirement plan

TECHNICA LLC PREVAILING WAGE UNION 401(K) PLAN

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

TECHNICA, LLCEIN 43-2036786Plan #002PY 2017

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

Other plans on this EIN

1 filing

#001Retirement-$3.3M assets

Prospect flagsLow participationLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$2.5M

+115.2% from 2016

Total participants

291

+136.6% from 2016

Average account balance

$15,578

+65.1% from 2016

Annual return

49.14%

+65.38 pp from 2016

Benchmarks

See 2,615 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,615 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

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

Not enough data

0 years with headcount on file

Eligible Participants and Participation

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

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-189.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 7 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: GREAT-WEST LIFE AND ANNUITY Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD, CO 80111	Recordkeeping Fees	$20,034
ROYAL ALLIANCE ASSOCIATES INC1 year Filed as: ROYAL ALLIANCE ASSOCIATES INC. Service code 55 ONE WORLD FINANCIAL CENTER · NEW YORK, NY 10281	Other Commissions	$12,822
FIRST PARTY ADMINISTRATOR, LLC1 year Filed as: FIRST PARTY ADMINISTRATOR Service code 13 5352 PEACHTREE ROAD · ATLANTA, GA 30341	Contract Administrator	$6,051
FIRST PARTY ADMINISTRATOR, LLC1 year Service code 13	Contract Administrator	$1,760
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER RETIREMENT Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$533
MY BENEFITS, LLC1 year Filed as: MY BENEFITS LLC Service code 13 5352 PEACHTREE ROAD · ATLANTA, GA 30341	Contract Administrator	$429
MORNINGSTAR1 year Filed as: MORNINGSTAR INC. Service code 99 5904 PAYSPHERE CIRCLE · CHICAGO, IL 60674	Other Fees	$343

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant 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.

Expense breakdown

Schedule H Part II

Admin total

$16K

$59 / participant

Investment mgmt$16K100.0%

% of EOY assets

0.666%

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

$15,578

$155,795-90.0%

$136,298-88.6%

$69,631-77.6%

Participation rate

52.5%

75.2%-22.7pp

81.9%-29.4pp

70.7%-18.2pp

Annual return

49.14%

232464.33%-232415.2pp

5156.27%-5107.1pp

27571.02%-27521.9pp

Employer contribution / active EE

$1,291

$2,991-56.8%

$4,696-72.5%

$2,032-36.5%

Participant deferral / active EE

$1,791

$5,394-66.8%

$6,247-71.3%

$3,224-44.5%

Admin fee / account holder

$104

$128-19.1%

$9,244-98.9%

$110-6.1%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: GREAT-WEST LIFE AND ANNUITY

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD, CO 80111

Recordkeeping Fees

$20,034

ROYAL ALLIANCE ASSOCIATES INC1 year

Filed as: ROYAL ALLIANCE ASSOCIATES INC.

Service code 55

ONE WORLD FINANCIAL CENTER · NEW YORK, NY 10281

Other Commissions

$12,822

FIRST PARTY ADMINISTRATOR, LLC1 year

Filed as: FIRST PARTY ADMINISTRATOR

Service code 13

5352 PEACHTREE ROAD · ATLANTA, GA 30341

Contract Administrator

$6,051

FIRST PARTY ADMINISTRATOR, LLC1 year

Service code 13

Contract Administrator

$1,760

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER RETIREMENT

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$533

MY BENEFITS, LLC1 year

Filed as: MY BENEFITS LLC

Service code 13

5352 PEACHTREE ROAD · ATLANTA, GA 30341

Contract Administrator

$429

MORNINGSTAR1 year

Filed as: MORNINGSTAR INC.

Service code 99

5904 PAYSPHERE CIRCLE · CHICAGO, IL 60674

Other Fees

$343

TECHNICA LLC PREVAILING WAGE UNION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TECHNICA LLC PREVAILING WAGE UNION 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