Retirement plan

GENERAL DATATECH, LP 401(K) PLAN

Name: GENERAL DATATECH, LP - GENERAL DATATECH, LP 401(K) PLAN (2019) Form 5500
Creator: GENERAL DATATECH, LP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GENERAL DATATECH, LP 401(K) PLAN, GENERAL DATATECH, LP

GENERAL DATATECH, LPEIN 75-2756261Plan #001PY 2019

999 METROMEDIA PLACE - DALLAS, TX 75247214-857-6100gdc.comLinkedIn11-50 employeestelecommunications

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$13.6M

+70.3% from 2018

Total participants

840

+8.9% from 2018

Average account balance

$32,823

+39.0% from 2018

Annual return

46.92%

+52.50 pp from 2018

Benchmarks

See 2,853 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,853 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$47.52M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

723

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.

93.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+16.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$332

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 2 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER5+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$74,779
MESIROW FINANCIAL INVESTMENT MANAGE1 year Service code 37 · EIN 36-3429599	Loan Processing	$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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$75K

$102 / participant

Other / not subdivided$75K100.0%

% of EOY assets

0.550%

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: RSM US LLP
Auditor EIN: 420714324
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,823

$88,122-62.8%

$141,191-76.8%

$67,579-51.4%

Participation rate

41.8%

76.5%-34.7pp

82.5%-40.7pp

71.3%-29.5pp

Annual return

46.92%

75.40%-28.5pp

71.41%-24.5pp

378.56%-331.6pp

Employer contribution / active EE

$3,224-100.0%

$4,736-100.0%

$2,148-100.0%

Participant deferral / active EE

$3,945

$5,958-33.8%

$6,710-41.2%

$3,539+11.5%

Admin fee / account holder

$181

$131+38.0%

$10,264-98.2%

$142+26.9%

Provider

Service type

Compensation

ADP BROKER-DEALER5+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$74,779

MESIROW FINANCIAL INVESTMENT MANAGE1 year

Service code 37 · EIN 36-3429599

Loan Processing

GENERAL DATATECH, LP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GENERAL DATATECH, LP 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