Retirement plan

RETIREMENT INCOME SECURITY PLAN-CALLTOWER, INC.

Name: CALLTOWER, INC. - RETIREMENT INCOME SECURITY PLAN-CALLTOWER, INC. (2021) Form 5500
Creator: CALLTOWER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RETIREMENT INCOME SECURITY PLAN-CALLTOWER, INC., CALLTOWER, INC.

CALLTOWER, INC.EIN 94-3411257Plan #003PY 2021

10701 S RIVER FRONT PKWY, SUITE 450 - SOUTH JORDAN, UT 84095866-586-4700calltower.comLinkedIn51-200 employeestelecommunications

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$4.2M

+30.1% from 2020

Total participants

133

+6.4% from 2020

Average account balance

$46,601

+21.5% from 2020

Annual return

15.32%

-0.88 pp from 2020

Benchmarks

See 5,714 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,714 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.48M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

143

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.

68.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.46M

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

+17.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$370

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 4 by compensation

Provider	Service type	Compensation
EP WEALTH ADVISORS LLC1 year Filed as: EP WEALTH ADVISORS, INC. Service code 26 · EIN 33-0152539	Advisory (Participants)	$14,317
HEALTHEQUITY RETIREMENT SERVICES2 years Service code 12 · EIN 82-1222973	Named fiduciary; Participant loan pro...	$8,948
MATRIX TRUST COMPANY1 year Filed as: MATRIX TRUST COMPANY (PHOENIX) Service code 19 · EIN 75-3182674	Securities Custodian	$1,074
MATRIX TRUST COMPANY2 years Service code 19	Securities Custodian	$0

Plan features & details

Pension benefit codes2F2G2J2K2T3D

Plan features

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$25K

$219 / participant

Investment mgmt$14K56.3%
Contract admin$11K43.7%

% of EOY assets

0.606%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BAS PARTNERS
Auditor EIN: 208779390
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,601

$104,497-55.4%

$159,487-70.8%

$79,389-41.3%

Participation rate

62.9%

76.6%-13.7pp

82.8%-19.9pp

70.7%-7.8pp

Annual return

15.32%

67.98%-52.7pp

263.71%-248.4pp

116.89%-101.6pp

Employer contribution / active EE

$1,555

$3,418-54.5%

$4,831-67.8%

$2,428-36.0%

Participant deferral / active EE

$5,202

$6,468-19.6%

$7,354-29.3%

$4,046+28.6%

Admin fee / account holder

$282

$711-60.3%

$10,804-97.4%

$626-54.9%

Provider

Service type

Compensation

EP WEALTH ADVISORS LLC1 year

Filed as: EP WEALTH ADVISORS, INC.

Service code 26 · EIN 33-0152539

Advisory (Participants)

$14,317

HEALTHEQUITY RETIREMENT SERVICES2 years

Service code 12 · EIN 82-1222973

Named fiduciary; Participant loan pro...

$8,948

MATRIX TRUST COMPANY1 year

Filed as: MATRIX TRUST COMPANY (PHOENIX)

Service code 19 · EIN 75-3182674

Securities Custodian

$1,074

MATRIX TRUST COMPANY2 years

Service code 19

Securities Custodian

RETIREMENT INCOME SECURITY PLAN-CALLTOWER, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RETIREMENT INCOME SECURITY PLAN-CALLTOWER, INC.

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