Retirement plan

GO TECHNOLOGY MANAGEMENT LLC

Name: GO TECHNOLOGY MANAGEMENT LLC - GO TECHNOLOGY MANAGEMENT LLC (2023) Form 5500
Creator: GO TECHNOLOGY MANAGEMENT LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GO TECHNOLOGY MANAGEMENT LLC, GO TECHNOLOGY MANAGEMENT LLC

GO TECHNOLOGY MANAGEMENT LLCEIN 90-0147221Plan #001PY 2023

6445 POWERS FERRY ROAD, SUITE 350 - ATLANTA, GA 30339814-248-3250

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1M

+26.4% from 2022

Total participants

0.0% from 2022

Average account balance

$168,632

+26.4% from 2022

Annual return

15.66%

+31.58 pp from 2022

Benchmarks

See 11,277 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort11,277 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.31M

Not enough data

1 years with asset history on file

Average account balance

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

$218K

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

1 years with headcount on file

Eligible Participants and Participation

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

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$80K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+21.54%

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

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

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.

Plan features & details

Pension benefit codes2E2H2J3D2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$168,632

$105,145+60.4%

$94,664+78.1%

$139,466+20.9%

Participation rate

75.0%

82.4%-7.4pp

80.8%-5.8pp

80.3%-5.3pp

Annual return

15.66%

38.09%-22.4pp

156.84%-141.2pp

373.66%-358.0pp

Employer contribution / active EE

$3,765

$4,107-8.3%

$3,673+2.5%

$4,754-20.8%

Participant deferral / active EE

$7,022

$7,599-7.6%

$7,417-5.3%

$6,712+4.6%

Admin fee / account holder

$8,972-100.0%

$7,222-100.0%

$11,409-100.0%

GO TECHNOLOGY MANAGEMENT LLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

GO TECHNOLOGY MANAGEMENT LLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion