Retirement plan

TECHNISERVICES MP, LLC 401(K) PROFIT SHARING PLAN

Name: TECHNISERVICES MP, LLC C/O KKR ACCOUNTING SERVICES, LLC - TECHNISERVICES MP, LLC 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: TECHNISERVICES MP, LLC C/O KKR ACCOUNTING SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TECHNISERVICES MP, LLC 401(K) PROFIT SHARING PLAN, TECHNISERVICES MP, LLC C/O KKR ACCOUNTING SERVICES, LLC

TECHNISERVICES MP, LLC C/O KKR ACCOUNTING SERVICES, LLCEIN 94-3282867Plan #001PY 2022

155 BOVET ROAD, SUITE 770 - SAN MATEO, CA 94402650-653-2422

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11.4M

-21.5% from 2021

Total participants

-29.8% from 2021

Average account balance

$192,544

-20.2% from 2021

Annual return

-15.07%

-27.73 pp from 2021

Benchmarks

See 28,005 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,005 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.44M

Not enough data

1 years with asset history on file

Average account balance

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

$234K

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.

104.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.49M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+15.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8572

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 codes2E2G2J2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$2.0M

$41518 / participant

Other / not subdivided$2M100.0%

% of EOY assets

17.543%

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

$192,544

$82,674+132.9%

$125,363+53.6%

$68,495+181.1%

Participation rate

100.0%

75.0%+25.0pp

82.4%+17.6pp

67.9%+32.1pp

Annual return

-15.07%

-5.97%-9.1pp

572.15%-587.2pp

-7.84%-7.2pp

Employer contribution / active EE

$8,845

$3,382+161.6%

$4,815+83.7%

$2,596+240.7%

Participant deferral / active EE

$13,221

$6,111+116.4%

$7,447+77.5%

$4,028+228.3%

Admin fee / account holder

$33,778

$6,276+438.2%

$10,005+237.6%

$5,403+525.1%

TECHNISERVICES MP, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TECHNISERVICES MP, 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