Retirement plan

ALTIA, INC. 401(K) PLAN

Name: ALTIA ACQUISITION CORPORATION DBA ALTIA, INC. - ALTIA, INC. 401(K) PLAN (2022) 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 2022

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.9M

-10.7% from 2021

Total participants

-26.3% from 2021

Average account balance

$111,893

+24.6% from 2021

Annual return

-17.26%

-35.78 pp from 2021

Benchmarks

See 3,131 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort3,131 peers

Snapshot2022

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

$315K

$5618 / participant

Other / not subdivided$315K100.0%

% of EOY assets

3.960%

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

$111,893

$59,111+89.3%

$86,451+29.4%

$68,490+63.4%

Participation rate

96.4%

75.2%+21.2pp

80.3%+16.1pp

67.9%+28.5pp

Annual return

-17.26%

-0.22%-17.0pp

4398.51%-4415.8pp

-7.85%-9.4pp

Employer contribution / active EE

$4,489

$2,519+78.2%

$3,770+19.1%

$2,597+72.9%

Participant deferral / active EE

$11,254

$5,900+90.7%

$6,953+61.9%

$4,028+179.4%

Admin fee / account holder

$4,431

$5,640-21.4%

$6,734-34.2%

$5,403-18.0%

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