Retirement plan

BLACK ROCK TECHNOLOGY LLC 401K PLAN

Name: BLACK ROCK TECHNOLOGY GROUP LLC - BLACK ROCK TECHNOLOGY LLC 401K PLAN (2023) Form 5500
Creator: BLACK ROCK TECHNOLOGY GROUP LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLACK ROCK TECHNOLOGY LLC 401K PLAN, BLACK ROCK TECHNOLOGY GROUP LLC

BLACK ROCK TECHNOLOGY GROUP LLCEIN 45-2049313Plan #001PY 2023

211 STATE STREET, STE 203 - BRIDGEPORT, CT 06604203-919-1902brtg.comLinkedIn1-10 employeescomputer hardware

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.4M

+22.8% from 2022

Total participants

+14.3% from 2022

Average account balance

$229,175

+22.8% from 2022

Annual return

19.45%

+37.21 pp from 2022

Benchmarks

See 22,163 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,163 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.91M

Not enough data

1 years with asset history on file

Average account balance

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

$318K

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.

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.

60.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$50K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+18.67%

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$229,175

$102,663+123.2%

$86,216+165.8%

$139,466+64.3%

Participation rate

75.0%

74.5%+0.5pp

69.0%+6.0pp

80.3%-5.3pp

Annual return

19.45%

1924.52%-1905.1pp

1169.42%-1150.0pp

373.66%-354.2pp

Employer contribution / active EE

$3,035-100.0%

$2,382-100.0%

$4,754-100.0%

Participant deferral / active EE

$4,761

$4,677+1.8%

$3,986+19.4%

$6,712-29.1%

Admin fee / account holder

$8,663-100.0%

$6,853-100.0%

$11,409-100.0%

BLACK ROCK TECHNOLOGY LLC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

BLACK ROCK TECHNOLOGY LLC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion