Retirement plan

OWL CYBER DEFENSE SOLUTIONS, LLC RETIREMENT PLAN

Name: OWL CYBER DEFENSE SOLUTIONS, LLC - OWL CYBER DEFENSE SOLUTIONS, LLC RETIREMENT PLAN (2023) Form 5500
Creator: OWL CYBER DEFENSE SOLUTIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OWL CYBER DEFENSE SOLUTIONS, LLC RETIREMENT PLAN, OWL CYBER DEFENSE SOLUTIONS, LLC

OWL CYBER DEFENSE SOLUTIONS, LLCEIN 52-2195633Plan #001PY 2023

42 OLD RIDGEBERRY ROAD - DANBURY, CT 06810203-894-9342LinkedIn51-200 employeesconsumer electronics

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$21.3M

+16.1% from 2022

Total participants

233

-4.9% from 2022

Average account balance

$92,893

+24.2% from 2022

Annual return

19.61%

+36.86 pp from 2022

Benchmarks

See 4,137 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,137 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.40M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

270

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.

87.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+20.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$357

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 3 by compensation

Provider	Service type	Compensation
KELLY FINANCIAL ADVISORS, LLC3 years Service code 27 810 E. COLLEGE PARKWAY · ANNAPOLIS, MD 21409	Advisory (Plan)	$60,140
PROFESSIONAL CAPITAL SERVICES, LLC3 years Service code 13 · EIN 23-3038464	Contract Administrator	$14,387
MILLENNIUM INVESTMENT & RETIREMENT2 years Filed as: MILLENNIUM INVESTMENT AND RETIREMEN Service code 28 3540 TORINGDON WAY STE 200 · CHARLOTTE, NC 28277	Investment Management	$11,690

Plan features & details

Pension benefit codes2A2E2G2J3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

$86K

$493 / participant

Investment mgmt$72K83.3%
Contract admin$14K16.7%

% of EOY assets

0.405%

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: PBMARES, LLP
Auditor EIN: 540737372
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,893

$76,112+22.0%

$96,534-3.8%

$71,511+29.9%

Participation rate

97.7%

74.4%+23.3pp

76.0%+21.7pp

67.9%+29.8pp

Annual return

19.61%

22.81%-3.2pp

25.88%-6.3pp

28.86%-9.2pp

Employer contribution / active EE

$4,174

$2,248+85.7%

$2,965+40.8%

$2,589+61.2%

Participant deferral / active EE

$11,810

$4,217+180.1%

$4,851+143.5%

$4,291+175.2%

Admin fee / account holder

$376

$2,708-86.1%

$8,253-95.4%

$1,588-76.3%

Provider

Service type

Compensation

KELLY FINANCIAL ADVISORS, LLC3 years

Service code 27

810 E. COLLEGE PARKWAY · ANNAPOLIS, MD 21409

Advisory (Plan)

$60,140

PROFESSIONAL CAPITAL SERVICES, LLC3 years

Service code 13 · EIN 23-3038464

Contract Administrator

$14,387

MILLENNIUM INVESTMENT & RETIREMENT2 years

Filed as: MILLENNIUM INVESTMENT AND RETIREMEN

Service code 28

3540 TORINGDON WAY STE 200 · CHARLOTTE, NC 28277

Investment Management

$11,690

OWL CYBER DEFENSE SOLUTIONS, LLC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OWL CYBER DEFENSE SOLUTIONS, LLC RETIREMENT 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