Retirement plan

ALTIA, INC. 401(K) PLAN

Name: ALTIA ACQUISITION CORPORATION DBA ALTIA, INC. - ALTIA, INC. 401(K) PLAN (2021) Form 5500
Creator: ALTIA ACQUISITION CORPORATION DBA ALTIA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALTIA, INC. 401(K) PLAN, ALTIA ACQUISITION CORPORATION DBA ALTIA, INC.

ALTIA ACQUISITION CORPORATION DBA ALTIA, INC.EIN 45-3042375Plan #001PY 2021

111 S. TEJON ST., SUITE 204 - COLORADO SPRINGS, CO 80903719-598-4299

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.9M

+26.3% from 2020

Total participants

+33.8% from 2020

Average account balance

$89,831

-5.6% from 2020

Annual return

18.53%

+1.18 pp from 2020

Benchmarks

See 3,025 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort3,025 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.78M

Not enough data

1 years with asset history on file

Average account balance

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

$173K

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.

188.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$758K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+25.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8490

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 codes2E2G2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$443K

$6925 / participant

Other / not subdivided$443K100.0%

% of EOY assets

4.984%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$89,831

$77,157+16.4%

$108,405-17.1%

$85,847+4.6%

Participation rate

100.0%

74.7%+25.3pp

80.1%+19.9pp

69.3%+30.7pp

Annual return

18.53%

44.55%-26.0pp

905.55%-887.0pp

318.61%-300.1pp

Employer contribution / active EE

$4,468

$2,379+87.8%

$3,559+25.5%

$2,565+74.2%

Participant deferral / active EE

$10,744

$5,567+93.0%

$6,563+63.7%

$3,952+171.9%

Admin fee / account holder

$4,477

$5,174-13.5%

$7,297-38.6%

$6,261-28.5%

ALTIA, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALTIA, INC. 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