Retirement plan

TECHCXO LLC 401(K) PROFIT SHARING PLAN

Name: TECHCXO LLC - TECHCXO LLC 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: TECHCXO LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TECHCXO LLC 401(K) PROFIT SHARING PLAN, TECHCXO LLC

TECHCXO LLCEIN 46-1536536Plan #001PY 2022

1911 GRAYSON HWY., SUITE 8-122 - GRAYSON, GA 30017678-636-0008LinkedIn1-10 employeesmanagement consulting

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$22.7M

-0.4% from 2021

Total participants

196

+25.6% from 2021

Average account balance

$120,217

-21.0% from 2021

Annual return

-15.09%

-26.75 pp from 2021

Benchmarks

See 278 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants100-249

Cohort278 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$42.03M

Not enough data

1 years with asset history on file

Average account balance

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

$199K

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.

211

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.

95.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$32K

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

+13.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$182

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

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

Service providers

Top 10 of 13 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC2 years Filed as: T. ROWE PRICE RPS, INC. Service code 15 · EIN 52-1309931	Recordkeeping	$39,577
AMERICAN FUNDS3 years Service code 28 · EIN 95-1411037	Investment Management	$0
AMERICAN FUNDS2 years Filed as: AMG FUNDS Service code 28 680 WASHINGTON BLVD · STAMFORD, CT 06901	Investment Management	$0
BLACKROCK2 years Filed as: BLACKROCK FUNDS Service code 28 · EIN 04-6171663	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL2 years Filed as: FIDELITY Service code 28 · EIN 04-2647786	Investment Management	$0
INVESCO3 years Service code 28 · EIN 26-4521338	Investment Management	$0
MORGAN STANLEY SMITH BARNEY2 years Filed as: JP MORGAN FUNDS Service code 28 · EIN 13-2624428	Investment Management	$0
LORD ABBETT2 years Service code 28 · EIN 13-3731507	Investment Management	$0
MFS INVESTMENT MANAGEMENT2 years Filed as: MFS FUNDS Service code 28 · EIN 04-2747644	Investment Management	$0
PRUDENTIAL RETIREMENT INSURANCE AND2 years Filed as: PRUDENTIAL JENNISON Service code 28 · EIN 22-3703799	Investment Management	$0

Plan features & details

Pension benefit codes2E2J2F2G3B3D2T

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$40K

$229 / participant

Other / not subdivided$40K100.0%

% of EOY assets

0.174%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MERSEREAU, LAZENBY & ROCKAS, LLC
Auditor EIN: 582115374
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$120,217

$69,848+72.1%

$115,756+3.9%

$66,949+79.6%

Participation rate

96.0%

70.6%+25.3pp

77.1%+18.9pp

69.8%+26.1pp

Annual return

-15.09%

969.66%-984.7pp

143.14%-158.2pp

1.57%-16.7pp

Employer contribution / active EE

$16,050

$2,613+514.3%

$3,793+323.2%

$2,545+530.5%

Participant deferral / active EE

$11,676

$4,274+173.2%

$6,254+86.7%

$4,239+175.4%

Admin fee / account holder

$209

$337-37.9%

$8,124-97.4%

$594-64.7%

Provider

Service type

Compensation

T ROWE PRICE RPS INC2 years

Filed as: T. ROWE PRICE RPS, INC.

Service code 15 · EIN 52-1309931

Recordkeeping

$39,577

AMERICAN FUNDS3 years

Service code 28 · EIN 95-1411037

Investment Management

AMERICAN FUNDS2 years

Filed as: AMG FUNDS

Service code 28

680 WASHINGTON BLVD · STAMFORD, CT 06901

Investment Management

BLACKROCK2 years

Filed as: BLACKROCK FUNDS

Service code 28 · EIN 04-6171663

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Filed as: FIDELITY

Service code 28 · EIN 04-2647786

Investment Management

INVESCO3 years

Service code 28 · EIN 26-4521338

Investment Management

MORGAN STANLEY SMITH BARNEY2 years

Filed as: JP MORGAN FUNDS

Service code 28 · EIN 13-2624428

Investment Management

LORD ABBETT2 years

Service code 28 · EIN 13-3731507

Investment Management

MFS INVESTMENT MANAGEMENT2 years

Filed as: MFS FUNDS

Service code 28 · EIN 04-2747644

Investment Management

PRUDENTIAL RETIREMENT INSURANCE AND2 years

Filed as: PRUDENTIAL JENNISON

Service code 28 · EIN 22-3703799

Investment Management

TECHCXO LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TECHCXO LLC 401(K) PROFIT SHARING 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