Retirement plan

TITAN TECHNOLOGIES, LLC 401(K) RETIREMENT PLAN FOR SCA EMPLOYEES

Name: TITAN TECHNOLOGIES, LLC - TITAN TECHNOLOGIES, LLC 401(K) RETIREMENT PLAN FOR SCA EMPLOYEES (2022) Form 5500
Creator: TITAN TECHNOLOGIES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TITAN TECHNOLOGIES, LLC 401(K) RETIREMENT PLAN FOR SCA EMPLOYEES, TITAN TECHNOLOGIES, LLC

TITAN TECHNOLOGIES, LLCEIN 81-3056830Plan #002PY 2022

4008 LEGENDARY DRIVE, SUITE 600 - DESTIN, FL 32541571-449-9733titantechnologies.comLinkedIn501-1000 employeesinformation technology and services

Other plans on this EIN

1 filing

#001Retirement-$10.3M assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$2.5M

No prior year

Total participants

409

No prior year

Average account balance

$6,196

No prior year

Annual return

-14.59%

No prior year

Benchmarks

See 3,158 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,158 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.68M

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

424

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.

98.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.44M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$103

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
SENTINEL PENSION ADVISORS1+ years Filed as: SENTINEL BENEFITS GROUP, LLC Service code 15 · EIN 20-5916766	Recordkeeping	$23,108
LION STREET ADVISORS LLC1+ years Filed as: LION STREET ADVISORY Service code 26 · EIN 80-0946231	Advisory (Participants)	$5,042

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$28K

$85 / participant

Investment mgmt$5K17.9%
Other / not subdivided$23K82.1%

% of EOY assets

1.127%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COHNREZNICK LLP
Auditor EIN: 221478099
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$6,196

$82,188-92.5%

$125,391-95.1%

$64,824-90.4%

Participation rate

98.2%

77.9%+20.3pp

82.4%+15.8pp

71.5%+26.7pp

Annual return

-14.59%

3.50%-18.1pp

572.41%-587.0pp

32.84%-47.4pp

Employer contribution / active EE

$3,305

$3,617-8.6%

$4,816-31.4%

$2,507+31.8%

Participant deferral / active EE

$627

$7,177-91.3%

$7,448-91.6%

$4,311-85.5%

Admin fee / account holder

$70

$163-57.2%

$10,009-99.3%

$188-62.8%

Provider

Service type

Compensation

SENTINEL PENSION ADVISORS1+ years

Filed as: SENTINEL BENEFITS GROUP, LLC

Service code 15 · EIN 20-5916766

Recordkeeping

$23,108

LION STREET ADVISORS LLC1+ years

Filed as: LION STREET ADVISORY

Service code 26 · EIN 80-0946231

Advisory (Participants)

$5,042

TITAN TECHNOLOGIES, LLC 401(K) RETIREMENT PLAN FOR SCA EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TITAN TECHNOLOGIES, LLC 401(K) RETIREMENT PLAN FOR SCA EMPLOYEES

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