Retirement plan

GURU 401(K) PLAN

Name: GURU TECHNOLOGIES, INC. - GURU 401(K) PLAN (2024) Form 5500
Creator: GURU TECHNOLOGIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GURU 401(K) PLAN, GURU TECHNOLOGIES, INC.

GURU TECHNOLOGIES, INC.EIN 46-3850194Plan #001PY 2024

121 SOUTH BROAD STREET #FLOOR 9 - PHILADELPHIA, PA 19107215-618-2971

Prospect flagsLow employer contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$6.2M

+2.7% from 2023

Total participants

117

-41.5% from 2023

Average account balance

$53,872

+75.9% from 2023

Annual return

20.42%

-0.43 pp from 2023

Benchmarks

See 3,224 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort3,224 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.20M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

115

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.

96.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$834K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+20.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$283

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 2 by compensation

Provider	Service type	Compensation
HUMAN INTEREST ADVISOR LLC3 years Service code 13 · EIN 47-4307706 300 MONTGOMERY ST. SUITE 350 · SAN FRANCISCO, CA 94101	Contract Administrator	$19,302
JAMIE BLACKMORE1 year Filed as: JAMIE FRANKEL Service code 27 · EIN 61-1758632 24 E COTA STREET SUITE 200 · SANTA BARBARA, CA 93101	Advisory (Plan)	$13,266

Plan features & details

Pension benefit codes2F2G2J2S2T

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$33K

$543 / participant

Investment mgmt$33K100.0%

% of EOY assets

0.526%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FRANK, RIMERMAN & CO, LLP
Auditor EIN: 941341042
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,872

$77,460-30.5%

$100,378-46.3%

$80,925-33.4%

Participation rate

96.7%

76.9%+19.7pp

81.5%+15.2pp

67.7%+29.0pp

Annual return

20.42%

37.24%-16.8pp

49.41%-29.0pp

35.65%-15.2pp

Employer contribution / active EE

$2,801-100.0%

$3,942-100.0%

$2,756-100.0%

Participant deferral / active EE

$13,902

$6,818+103.9%

$8,087+71.9%

$4,299+223.4%

Admin fee / account holder

$283

$5,887-95.2%

$7,899-96.4%

$6,940-95.9%

Provider

Service type

Compensation

HUMAN INTEREST ADVISOR LLC3 years

Service code 13 · EIN 47-4307706

300 MONTGOMERY ST. SUITE 350 · SAN FRANCISCO, CA 94101

Contract Administrator

$19,302

JAMIE BLACKMORE1 year

Filed as: JAMIE FRANKEL

Service code 27 · EIN 61-1758632

24 E COTA STREET SUITE 200 · SANTA BARBARA, CA 93101

Advisory (Plan)

$13,266

GURU 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GURU 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