Retirement plan

CTI 401(K) PLAN

Name: CHESAPEAKE TECHNOLOGY INTERNATIONAL CORP. - CTI 401(K) PLAN (2024) Form 5500
Creator: CHESAPEAKE TECHNOLOGY INTERNATIONAL CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CTI 401(K) PLAN, CHESAPEAKE TECHNOLOGY INTERNATIONAL CORP.

CHESAPEAKE TECHNOLOGY INTERNATIONAL CORP.EIN 52-2105834Plan #001PY 2024

44191 AIRPORT ROAD SUITE D - CALIFORNIA, MD 20619301-862-2726

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$13.3M

+26.3% from 2023

Total participants

203

+33.6% from 2023

Average account balance

$67,325

-2.5% from 2023

Annual return

13.55%

-12.02 pp from 2023

Benchmarks

See 6,278 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,278 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.26M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

197

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.

96.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.91M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+13.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$258

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
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$16,511
UBS FINANCIAL SERVICES INC3 years Service code 27 PO BOX 198928 · NASHVILLE, TN 37238	Advisory (Plan)	$12,862
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$11,132
APRIO LLP1 year Service code 10 PO BOX 117310 · ATLANTA, GA 30368	Accounting	$8,500
MV CAPITAL MANAGEMENT, INC.1 year Filed as: MV CAPITAL MANAGEMENT INC Service code 27 3 BETHESDA METRO CENTER STE 650 · BETHESDA, MD 20814	Advisory (Plan)	$1,858

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$51K

$299 / participant

Recordkeeping$17K32.5%
Investment mgmt$26K50.8%
Other / not subdivided$9K16.7%

% of EOY assets

0.383%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: APRIO LLP
Auditor EIN: 571157523
Audit fees: $8,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$67,325

$101,672-33.8%

$147,117-54.2%

$74,478-9.6%

Participation rate

96.5%

75.5%+20.9pp

82.2%+14.3pp

67.2%+29.2pp

Annual return

13.55%

8757.83%-8744.3pp

420.54%-407.0pp

1370.56%-1357.0pp

Employer contribution / active EE

$3,902

$3,813+2.3%

$4,932-20.9%

$2,626+48.6%

Participant deferral / active EE

$7,353

$7,305+0.7%

$8,065-8.8%

$4,350+69.0%

Admin fee / account holder

$258

$1,753-85.3%

$12,993-98.0%

$1,946-86.7%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$16,511

UBS FINANCIAL SERVICES INC3 years

Service code 27

PO BOX 198928 · NASHVILLE, TN 37238

Advisory (Plan)

$12,862

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$11,132

APRIO LLP1 year

Service code 10

PO BOX 117310 · ATLANTA, GA 30368

Accounting

$8,500

MV CAPITAL MANAGEMENT, INC.1 year

Filed as: MV CAPITAL MANAGEMENT INC

Service code 27

3 BETHESDA METRO CENTER STE 650 · BETHESDA, MD 20814

Advisory (Plan)

$1,858

CTI 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CTI 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