Retirement plan

HTC AMERICA, INC. 401(K) PLAN

Name: HTC AMERICA, INC. - HTC AMERICA, INC. 401(K) PLAN (2024) Form 5500
Creator: HTC AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HTC AMERICA, INC. 401(K) PLAN, HTC AMERICA, INC.

HTC AMERICA, INC.EIN 82-0588689Plan #001PY 2024

1625 SHATTUCK AVE., SUITE 300 - BERKELEY, CA 94709425-679-5318

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$32.6M

+5.6% from 2023

Total participants

316

-11.0% from 2023

Average account balance

$104,468

+18.1% from 2023

Annual return

16.51%

-3.30 pp from 2023

Benchmarks

See 9,339 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,339 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$32.59M

Not enough data

1 years with asset history on file

Average account balance

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

$139K

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.

235

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.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.26M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

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

+12.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$141

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
RBC WEALTH MANAGEMENT6 years Service code 26 · EIN 41-1416330 1918 8TH AVE, STE 3600 · SEATTLE, WA 98101	Advisory (Participants)	$32,508
CLARK NUBER6 years Filed as: CLARK NUBER P.S. Service code 10 · EIN 91-1194016 10900 NE 4TH ST. STE 1400 · BELLEVUE, WA 98004	Accounting	$22,504
MATRIX TRUST COMPANY8 years Filed as: MATRIX TRUST Service code 19 · EIN 51-0099033 2800 NORTH CENTRAL AVE, SUITE 900 · PHOENIX, AZ 85004	Securities Custodian	$11,408

Plan features & details

Pension benefit codes2E2F2G2J2K3D3F

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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$31K

$316 / participant

Recordkeeping$31K100.0%

% of EOY assets

0.095%

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: CLARK NUBER P.S.
Auditor EIN: 911194016
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$104,468

$71,197+46.7%

$93,669+11.5%

$80,925+29.1%

Participation rate

95.9%

60.4%+35.5pp

68.7%+27.2pp

67.7%+28.3pp

Annual return

16.51%

11.27%+5.2pp

133.59%-117.1pp

35.65%-19.1pp

Employer contribution / active EE

$5,863

$1,565+274.7%

$2,424+141.9%

$2,756+112.7%

Participant deferral / active EE

$10,141

$4,036+151.3%

$4,416+129.7%

$4,299+135.9%

Admin fee / account holder

$99

$6,959-98.6%

$8,291-98.8%

$6,940-98.6%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT6 years

Service code 26 · EIN 41-1416330

1918 8TH AVE, STE 3600 · SEATTLE, WA 98101

Advisory (Participants)

$32,508

CLARK NUBER6 years

Filed as: CLARK NUBER P.S.

Service code 10 · EIN 91-1194016

10900 NE 4TH ST. STE 1400 · BELLEVUE, WA 98004

Accounting

$22,504

MATRIX TRUST COMPANY8 years

Filed as: MATRIX TRUST

Service code 19 · EIN 51-0099033

2800 NORTH CENTRAL AVE, SUITE 900 · PHOENIX, AZ 85004

Securities Custodian

$11,408

HTC AMERICA, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HTC AMERICA, INC. 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