Retirement plan

XCEL HR 401(K) PLAN

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

XMT SERVICES, INC.EIN 88-4345709Plan #002PY 2024

7361 CALHOUN PLACE, SUITE 350 - ROCKVILLE, MD 20855800-611-9235

Prospect flagsLow returnsHigh feesLow participation

How to read this page

Total assets (EOY)

$92.8M

+13.4% from 2023

Total participants

2,291

+8.3% from 2023

Average account balance

$53,310

-0.5% from 2023

Annual return

11.13%

+10.39 pp from 2023

Benchmarks

See 388 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort388 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$111.25M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

2,052

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.

70.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+18.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$331

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
SLAVIC INTEGRATED ADMINISTRATION2+ years Service code 15 · EIN 65-0608221	Recordkeeping	$433,802
XMT SERVICES, INC.2+ years Service code 14 · EIN 88-4345709	Plan Administrator	$79,850
SLAVIC INTEGRATED ADMINISTRATION2+ years Filed as: SLAVIC MUTUAL FUND CORPORATION Service code 28 · EIN 59-2749576	Investment Management	$46,018
COOGAN RE INC2+ years Filed as: COOGAN RE INC. Service code 23 1332 CHESHIRE LANE · BEL AIR, MD 21014	Insurance services	$13,532
STEVENS & LEE1 year Service code 29 · EIN 23-1886296	Legal	$12,632
TEMPLETON & COMPANY LLP2+ years Filed as: TEMPLETON & CO. Service code 10 · EIN 14-1918990	Accounting	$12,000

Plan features & details

Pension benefit codes2E2F2G2J2K2T2V

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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$633K

$408 / participant

Investment mgmt$60K9.4%
Legal$13K2.0%
Contract admin$549K86.7%
Other / not subdivided$12K1.9%

% of EOY assets

0.682%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: TEMPLETON & COMPANY
Auditor EIN: 141918990
Audit fees: $12,000
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,310

$44,897+18.7%

$84,966-37.3%

$199,593-73.3%

Participation rate

64.5%

45.7%+18.8pp

67.5%-3.0pp

72.0%-7.5pp

Annual return

11.13%

20.96%-9.8pp

66.38%-55.3pp

34.25%-23.1pp

Employer contribution / active EE

$2,879

$1,365+110.8%

$2,727+5.6%

$3,034-5.1%

Participant deferral / active EE

$5,655

$2,668+112.0%

$4,519+25.1%

$5,087+11.2%

Admin fee / account holder

$364

$584-37.7%

$6,149-94.1%

$269+35.3%

Provider

Service type

Compensation

SLAVIC INTEGRATED ADMINISTRATION2+ years

Service code 15 · EIN 65-0608221

Recordkeeping

$433,802

XMT SERVICES, INC.2+ years

Service code 14 · EIN 88-4345709

Plan Administrator

$79,850

SLAVIC INTEGRATED ADMINISTRATION2+ years

Filed as: SLAVIC MUTUAL FUND CORPORATION

Service code 28 · EIN 59-2749576

Investment Management

$46,018

COOGAN RE INC2+ years

Filed as: COOGAN RE INC.

Service code 23

1332 CHESHIRE LANE · BEL AIR, MD 21014

Insurance services

$13,532

STEVENS & LEE1 year

Service code 29 · EIN 23-1886296

Legal

$12,632

TEMPLETON & COMPANY LLP2+ years

Filed as: TEMPLETON & CO.

Service code 10 · EIN 14-1918990

Accounting

$12,000

XCEL HR 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

XCEL HR 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