Retirement plan

TP LINK USA CORPORATION 401(K) PLAN

Name: TP LINK USA CORPORATION - TP LINK USA CORPORATION 401(K) PLAN (2020) Form 5500
Creator: TP LINK USA CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TP LINK USA CORPORATION 401(K) PLAN, TP LINK USA CORPORATION

TP LINK USA CORPORATIONEIN 68-0677160Plan #001PY 2020

10 MAUCHLY - IRVINE, CA 92618626-333-0234

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$2.7M

+20.0% from 2019

Total participants

140

+3.7% from 2019

Average account balance

$21,249

+20.9% from 2019

Annual return

12.45%

-5.03 pp from 2019

Benchmarks

See 9,207 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,207 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.40M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

218

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.

66.5%

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

$6K

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

+17.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$248

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
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$19,474
MERRILL LYNCH PIERCE FENNER & SMITH3 years Service code 15 · EIN 13-5674085	Recordkeeping	$13,639
ADP BROKER-DEALER3 years Service code 49 · EIN 22-3319984	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$33K

$349 / participant

Other / not subdivided$33K100.0%

% of EOY assets

1.227%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,249

$91,559-76.8%

$133,971-84.1%

$79,852-73.4%

Participation rate

86.3%

73.3%+13.0pp

79.8%+6.5pp

69.6%+16.7pp

Annual return

12.45%

61.85%-49.4pp

45.09%-32.6pp

31.72%-19.3pp

Employer contribution / active EE

$1,606

$2,384-32.6%

$3,919-59.0%

$2,471-35.0%

Participant deferral / active EE

$3,247

$3,734-13.0%

$5,047-35.7%

$3,740-13.2%

Admin fee / account holder

$261

$6,321-95.9%

$8,929-97.1%

$5,306-95.1%

Provider

Service type

Compensation

ADP BROKER-DEALER1 year

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$19,474

MERRILL LYNCH PIERCE FENNER & SMITH3 years

Service code 15 · EIN 13-5674085

Recordkeeping

$13,639

ADP BROKER-DEALER3 years

Service code 49 · EIN 22-3319984

Other Services

TP LINK USA CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TP LINK USA CORPORATION 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