Retirement plan

TENTAMUS NORTH AMERICA, INC. 401(K) PLAN

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

TENTAMUS NORTH AMERICA, INC.EIN 46-4547217Plan #001PY 2024

10524 SPOTSYLVANIA AVENUE, SUITE 102 - FREDERICKSBURG, VA 22408817-229-3020LinkedIn1-10 employeesbiotechnology

Prospect flagsLow assets / participantLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$8.5M

+17.7% from 2023

Total participants

400

-0.2% from 2023

Average account balance

$25,505

+8.8% from 2023

Annual return

14.61%

-7.18 pp from 2023

Benchmarks

See 3,296 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,296 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.49M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

333

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.

79.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$243

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 5 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY5 years Service code 13 · EIN 42-0127290	Contract Administrator	$46,909
CAPFINANCIAL PARTNERS LLC1 year Filed as: CAPFINANCIAL PARTNERS, LLC Service code 27 · EIN 26-0058143	Advisory (Plan)	$11,155
CBIZ RETIREMENT PLAN SERVICES1 year Filed as: CBIZ ACCOUNTING, TAX Service code 10 · EIN 86-3192990	Accounting	$10,000
TRUTINA FINANCIAL4 years Service code 27 · EIN 47-0995939	Advisory (Plan)	$9,845
HUNNEX AND SHOEMAKER, INC.2 years Filed as: HUNNEX AND SHOEMAKER INC Service code 13 · EIN 91-1072394	Contract Administrator	$7,398

Plan features & details

Pension benefit codes2E2F2G2J2K2T3C3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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

$81K

$245 / participant

Contract admin$71K87.8%
Other / not subdivided$10K12.2%

% of EOY assets

0.951%

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: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: $9,845
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,505

$106,264-76.0%

$147,117-82.7%

$77,762-67.2%

Participation rate

79.7%

78.4%+1.3pp

82.2%-2.5pp

70.6%+9.1pp

Annual return

14.61%

56.94%-42.3pp

420.54%-405.9pp

31.27%-16.7pp

Employer contribution / active EE

$1,112

$4,074-72.7%

$4,932-77.5%

$2,728-59.2%

Participant deferral / active EE

$3,093

$8,003-61.4%

$8,065-61.6%

$4,651-33.5%

Admin fee / account holder

$243

$334-27.5%

$12,993-98.1%

$433-44.0%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY5 years

Service code 13 · EIN 42-0127290

Contract Administrator

$46,909

CAPFINANCIAL PARTNERS LLC1 year

Filed as: CAPFINANCIAL PARTNERS, LLC

Service code 27 · EIN 26-0058143

Advisory (Plan)

$11,155

CBIZ RETIREMENT PLAN SERVICES1 year

Filed as: CBIZ ACCOUNTING, TAX

Service code 10 · EIN 86-3192990

Accounting

$10,000

TRUTINA FINANCIAL4 years

Service code 27 · EIN 47-0995939

Advisory (Plan)

$9,845

HUNNEX AND SHOEMAKER, INC.2 years

Filed as: HUNNEX AND SHOEMAKER INC

Service code 13 · EIN 91-1072394

Contract Administrator

$7,398

TENTAMUS NORTH AMERICA, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TENTAMUS NORTH AMERICA, 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