Retirement plan

NATIONAL TECHNICAL SYSTEMS 401K PROFIT SHARING PLAN AND TRUST

Name: NTS TECHNICAL SYSTEMS DBA NATIONAL TECHNICAL SYSTEMS - NATIONAL TECHNICAL SYSTEMS 401K PROFIT SHARING PLAN AND TRUST (2015) Form 5500
Creator: NTS TECHNICAL SYSTEMS DBA NATIONAL TECHNICAL SYSTEMS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL TECHNICAL SYSTEMS 401K PROFIT SHARING PLAN AND TRUST, NTS TECHNICAL SYSTEMS DBA NATIONAL TECHNICAL SYSTEMS

NTS TECHNICAL SYSTEMS DBA NATIONAL TECHNICAL SYSTEMSEIN 95-2780647Plan #003PY 2015

24007 VENTURA BLVD., SUITE 200 - CALABASAS, CA 913021434818-591-0776

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$63.8M

No prior year

Total participants

1,573

No prior year

Average account balance

$60,189

No prior year

Annual return

4.03%

No prior year

Benchmarks

See 568 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort568 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$65.05M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

925

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.

86.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.91M

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

-37.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$92

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 7 by compensation

Provider	Service type	Compensation
NFP RETIREMENT INC1+ years Filed as: NFP SECURITIES INC. Service code 55	Other Commissions	$111,253
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: ADVISED ASSET GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$23,764
LA RUE, CORRIGAN, MCCORMICK & TEASD1+ years Service code 10 5959 TOPANGA CYN BLVD, SUITE 180 · WOODLAND HILLS, CA 91367	Accounting	$22,000
THE RYDING COMPANY1+ years Service code 13 · EIN 95-3497679 2659 TOWNSGATE ROAD, SUITE 101 · WESTLAKE VILLAGE, CA 91361	Contract Administrator	$20,065
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT WEST LIFE & ANNUITY COMPANY Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$14,225
TRUOG-RYDING COMPANY, INC.1+ years Service code 13	Contract Administrator	$10,000
NFP RETIREMENT INC1+ years Filed as: NFP SECURITIES, INC. Service code 55 1250 CAPITAL OF TEXAS HWY 5 #2-125 · AUSTIN, TX 78746	Other Commissions	$4,000

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$62K

$46 / participant

Other / not subdivided$62K100.0%

% of EOY assets

0.098%

all-in expense ratio

Categories reported

0 / 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: ARMANINO LLP
Auditor EIN: 946214841
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,189

$86,791-30.7%

$115,038-47.7%

$59,188+1.7%

Participation rate

61.8%

72.8%-11.0pp

81.4%-19.5pp

69.4%-7.6pp

Annual return

4.03%

4.44%-0.4pp

26.14%-22.1pp

5.51%-1.5pp

Employer contribution / active EE

$480

$2,950-83.7%

$4,608-89.6%

$2,098-77.1%

Participant deferral / active EE

$3,588

$5,298-32.3%

$6,026-40.5%

$3,265+9.9%

Admin fee / account holder

$59

$95-37.9%

$8,175-99.3%

$92-36.1%

Provider

Service type

Compensation

NFP RETIREMENT INC1+ years

Filed as: NFP SECURITIES INC.

Service code 55

Other Commissions

$111,253

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: ADVISED ASSET GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$23,764

LA RUE, CORRIGAN, MCCORMICK & TEASD1+ years

Service code 10

5959 TOPANGA CYN BLVD, SUITE 180 · WOODLAND HILLS, CA 91367

Accounting

$22,000

THE RYDING COMPANY1+ years

Service code 13 · EIN 95-3497679

2659 TOWNSGATE ROAD, SUITE 101 · WESTLAKE VILLAGE, CA 91361

Contract Administrator

$20,065

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT WEST LIFE & ANNUITY COMPANY

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$14,225

TRUOG-RYDING COMPANY, INC.1+ years

Service code 13

Contract Administrator

$10,000

NFP RETIREMENT INC1+ years

Filed as: NFP SECURITIES, INC.

Service code 55

1250 CAPITAL OF TEXAS HWY 5 #2-125 · AUSTIN, TX 78746

Other Commissions

$4,000

NATIONAL TECHNICAL SYSTEMS 401K PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL TECHNICAL SYSTEMS 401K PROFIT SHARING PLAN AND TRUST

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