Retirement plan

TEALL CAPITAL PARTNERS LLC 401(K) PROFIT SHARING PLAN

Name: TEALL CAPITAL PARTNERS LLC - TEALL CAPITAL PARTNERS LLC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: TEALL CAPITAL PARTNERS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TEALL CAPITAL PARTNERS LLC 401(K) PROFIT SHARING PLAN, TEALL CAPITAL PARTNERS LLC

TEALL CAPITAL PARTNERS LLCEIN 83-0591973Plan #001PY 2024

500 WEST FIFTH STREET, SUITE 1200 - WINSTON-SALEM, NC 27101336-306-8126

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$13.1M

+38.7% from 2023

Total participants

455

-2.6% from 2023

Average account balance

$33,550

+17.7% from 2023

Annual return

23.10%

+0.54 pp from 2023

Benchmarks

See 3,296 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,296 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.08M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

390

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.

78.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+23.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$250

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 7 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS3 years Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399	Recordkeeping	$28,518
ADMINISTRATIVE FIDUCIARY SERVICES1 year Service code 31 · EIN 46-2919997	Named fiduciary; Direct payment from ...	$18,990
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: RAYMOND JAMES AND ASSOCIATES INC Service code 27 · EIN 59-1237041	Advisory (Plan)	$14,943
NOVA 401(K) ASSOCIATES1 year Filed as: NOVA 401K ASSOCIATES LP Service code 15 · EIN 20-1181458	Recordkeeping	$14,646
NFP RETIREMENT INC1 year Service code 27 · EIN 33-0905143	Advisory (Plan)	$12,279
ANDERSON SMITH WIKE PLLC1 year Filed as: ANDERSON SMITH & WIKE PLLC Service code 10 · EIN 27-1473864	Accounting	$6,000
TRANSAMERICA RETIREMENT SOLUTIONS1 year Service code 15 · EIN 13-3689044	Recordkeeping	$2,291

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D2X

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

1 tripped

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

$98K

$330 / participant

Recordkeeping$31K31.5%
Investment mgmt$46K47.3%
Other trustee fees$15K15.0%
Other / not subdivided$6K6.1%

% of EOY assets

0.746%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ANDERSON SMITH & WILKE PLLC
Auditor EIN: 271473864
Audit fees: $6,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,550

$106,264-68.4%

$147,117-77.2%

$77,762-56.9%

Participation rate

78.0%

78.4%-0.4pp

82.2%-4.1pp

70.6%+7.5pp

Annual return

23.10%

56.94%-33.8pp

420.54%-397.4pp

31.27%-8.2pp

Employer contribution / active EE

$2,645

$4,074-35.1%

$4,932-46.4%

$2,728-3.1%

Participant deferral / active EE

$4,866

$8,003-39.2%

$8,065-39.7%

$4,651+4.6%

Admin fee / account holder

$250

$334-25.1%

$12,993-98.1%

$433-42.2%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS3 years

Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN

Service code 15 · EIN 36-6071399

Recordkeeping

$28,518

ADMINISTRATIVE FIDUCIARY SERVICES1 year

Service code 31 · EIN 46-2919997

Named fiduciary; Direct payment from ...

$18,990

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: RAYMOND JAMES AND ASSOCIATES INC

Service code 27 · EIN 59-1237041

Advisory (Plan)

$14,943

NOVA 401(K) ASSOCIATES1 year

Filed as: NOVA 401K ASSOCIATES LP

Service code 15 · EIN 20-1181458

Recordkeeping

$14,646

NFP RETIREMENT INC1 year

Service code 27 · EIN 33-0905143

Advisory (Plan)

$12,279

ANDERSON SMITH WIKE PLLC1 year

Filed as: ANDERSON SMITH & WIKE PLLC

Service code 10 · EIN 27-1473864

Accounting

$6,000

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Service code 15 · EIN 13-3689044

Recordkeeping

$2,291

TEALL CAPITAL PARTNERS LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TEALL CAPITAL PARTNERS LLC 401(K) PROFIT SHARING 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