Retirement plan

TELECONTACTO EMPLOYEE'S RETIREMENT PLAN

Name: TELECONTACTO-TELECONTACT, INC. - TELECONTACTO EMPLOYEE'S RETIREMENT PLAN (2020) Form 5500
Creator: TELECONTACTO-TELECONTACT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TELECONTACTO EMPLOYEE'S RETIREMENT PLAN, TELECONTACTO-TELECONTACT, INC.

TELECONTACTO-TELECONTACT, INC.EIN 66-0545150Plan #001PY 2020

URB. HYDE PARK, 275 JESUS T. PINERO AVE - SAN JUAN, PR 00927787-294-8052

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$528K

+16.7% from 2019

Total participants

-26.1% from 2019

Average account balance

$32,999

+67.8% from 2019

Annual return

12.84%

-0.82 pp from 2019

Benchmarks

See 7,661 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort7,661 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$678K

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$29K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$876

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

+8.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$183

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2J3C

Plan features

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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

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

$5K

$325 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.986%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,999

$176,402-81.3%

$134,162-75.4%

$158,966-79.2%

Participation rate

93.8%

78.7%+15.0pp

72.2%+21.6pp

82.0%+11.8pp

Annual return

12.84%

63.66%-50.8pp

36.35%-23.5pp

302.95%-290.1pp

Employer contribution / active EE

$471

$5,042-90.7%

$3,705-87.3%

$4,762-90.1%

Participant deferral / active EE

$901

$4,093-78.0%

$3,500-74.3%

$5,983-84.9%

Admin fee / account holder

$325

$8,719-96.3%

$6,685-95.1%

$11,250-97.1%

TELECONTACTO EMPLOYEE'S RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TELECONTACTO EMPLOYEE'S 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