Retirement plan

TACTICAL AIR SUPPORT, INC. RETIREMENT PLAN

Name: TACTICAL AIR SUPPORT, INC. - TACTICAL AIR SUPPORT, INC. RETIREMENT PLAN (2024) Form 5500
Creator: TACTICAL AIR SUPPORT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TACTICAL AIR SUPPORT, INC. RETIREMENT PLAN, TACTICAL AIR SUPPORT, INC.

TACTICAL AIR SUPPORT, INC.EIN 90-0246498Plan #001PY 2024

14505 MOUNT ANDERSON - RENO, NV 89506951-926-4265thefirstgroupinc.comLinkedIn51-200 employeesdefense & space

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$30.3M

+42.3% from 2023

Total participants

513

+19.0% from 2023

Average account balance

$75,655

+20.6% from 2023

Annual return

23.58%

+3.73 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

$30.34M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

401

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.

76.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.78M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+23.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$192

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 2 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.3 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$51,934
DA DAVIDSON & CO3 years Filed as: D.A. DAVIDSON & CO Service code 28 · EIN 81-0139474	Investment Management	$25,000

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$77K

$163 / participant

Recordkeeping$45K58.4%
Investment mgmt$32K41.6%

% of EOY assets

0.253%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BDO USA, P.C.
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$75,655

$106,264-28.8%

$147,117-48.6%

$77,762-2.7%

Participation rate

76.2%

78.4%-2.2pp

82.2%-6.0pp

70.6%+5.6pp

Annual return

23.58%

56.94%-33.4pp

420.54%-397.0pp

31.27%-7.7pp

Employer contribution / active EE

$4,730

$4,074+16.1%

$4,932-4.1%

$2,728+73.4%

Participant deferral / active EE

$7,543

$8,003-5.7%

$8,065-6.5%

$4,651+62.2%

Admin fee / account holder

$192

$334-42.7%

$12,993-98.5%

$433-55.7%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.3 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$51,934

DA DAVIDSON & CO3 years

Filed as: D.A. DAVIDSON & CO

Service code 28 · EIN 81-0139474

Investment Management

$25,000

TACTICAL AIR SUPPORT, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TACTICAL AIR SUPPORT, INC. RETIREMENT 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