Retirement plan

TAVISTOCK 401(K) PLAN

Name: TAVISTOCK CORPORATION - TAVISTOCK 401(K) PLAN (2023) Form 5500
Creator: TAVISTOCK CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAVISTOCK 401(K) PLAN, TAVISTOCK CORPORATION

TAVISTOCK CORPORATIONEIN 59-2117458Plan #002PY 2023

9350 CONROY WINDERMERE RD. - WINDERMERE, FL 34786407-876-5432LinkedIn1-10 employeeshospitality

Prospect flagsFailed to provide benefitCorrective distributions

How to read this page

Total assets (EOY)

$35.4M

+24.9% from 2022

Total participants

961

-6.9% from 2022

Average account balance

$40,457

+28.3% from 2022

Annual return

19.47%

+36.48 pp from 2022

Benchmarks

See 451 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants250-999

Cohort451 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$42.95M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

896

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.

88.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.80M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$150

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
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Service code 37 · EIN 04-2647786	Loan Processing	$67,570
CBIZ RETIREMENT PLAN SERVICES2 years Service code 16 · EIN 31-1582098	Consulting	$22,715
RESOURCES INVESTMENT ADVISORS LLC1 year Service code 27 · EIN 43-1451524	Advisory (Plan)	$19,303
ASCENSUS LLC3 years Filed as: FORUSALL ADVISORS LLC Service code 27 · EIN 46-1803145	Advisory (Plan)	$10,143
RICHEY MAY & CO LLP3 years Filed as: RICHEY, MAY & CO, LLP Service code 10 · EIN 71-0911208	Accounting	$9,300

Plan features & details

Pension benefit codes2G2J2K2T2E3D2R2U2F

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$132K

$194 / participant

Recordkeeping$68K51.0%
Investment mgmt$29K22.2%
Legal$2K1.3%
Other / not subdivided$34K25.5%

% of EOY assets

0.374%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RICHEY MAY & CO
Auditor EIN: 710911208
Audit fees: $9,300
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,457

$53,344-24.2%

$121,210-66.6%

$74,473-45.7%

Participation rate

87.6%

60.0%+27.6pp

69.5%+18.0pp

70.7%+16.8pp

Annual return

19.47%

35.15%-15.7pp

987.41%-967.9pp

34.36%-14.9pp

Employer contribution / active EE

$1,076

$1,898-43.3%

$4,171-74.2%

$2,638-59.2%

Participant deferral / active EE

$5,505

$3,220+71.0%

$4,084+34.8%

$4,530+21.5%

Admin fee / account holder

$151

$382-60.4%

$5,647-97.3%

$347-56.4%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Service code 37 · EIN 04-2647786

Loan Processing

$67,570

CBIZ RETIREMENT PLAN SERVICES2 years

Service code 16 · EIN 31-1582098

Consulting

$22,715

RESOURCES INVESTMENT ADVISORS LLC1 year

Service code 27 · EIN 43-1451524

Advisory (Plan)

$19,303

ASCENSUS LLC3 years

Filed as: FORUSALL ADVISORS LLC

Service code 27 · EIN 46-1803145

Advisory (Plan)

$10,143

RICHEY MAY & CO LLP3 years

Filed as: RICHEY, MAY & CO, LLP

Service code 10 · EIN 71-0911208

Accounting

$9,300

TAVISTOCK 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAVISTOCK 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