Retirement plan

ADLTP, INC. CASH BALANCE PLAN

Name: ADLTP, INC. - ADLTP, INC. CASH BALANCE PLAN (2023) Form 5500
Creator: ADLTP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADLTP, INC. CASH BALANCE PLAN, ADLTP, INC.

ADLTP, INC.EIN 84-2284072Plan #002PY 2023

8523 WILD TRACE - GARDEN RIDGE, TX 78266210-843-6997

Other plans on this EIN

1 filing

#001Retirement-$1.6M assets

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$2.1M

+38.2% from 2022

Total participants

+7.7% from 2022

Average account balance

No prior year

Annual return

6.32%

+16.93 pp from 2022

Benchmarks

See 98 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined benefit

Participants25-99

Cohort98 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.66M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$441K

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

+7.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 years with F_SCH_H allocation on file

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Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1B1C3D

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
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

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

$15K

$284 / participant

Other / not subdivided$15K100.0%

% of EOY assets

0.745%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$282,865-100.0%

$343,293-100.0%

$282,865-100.0%

Participation rate

0.0%

0.0%0pp

12.4%-12.4pp

Annual return

6.32%

7.36%-1.0pp

16.99%-10.7pp

9.89%-3.6pp

Employer contribution / active EE

$8,778

$5,810+51.1%

$26,485-66.9%

$14,313-38.7%

Participant deferral / active EE

$8-100.0%

$71-100.0%

Admin fee / account holder

$9,084-100.0%

ADLTP, INC. CASH BALANCE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADLTP, INC. CASH BALANCE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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