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 (2020) 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 2020

2125 EAST KATELLA AVENUE, SUITE 250 - ANAHEIM, CA 92806714-450-9100

Prospect flagsLow returnsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$104.3M

+7.7% from 2019

Total participants

1,863

-1.3% from 2019

Average account balance

$76,078

-0.0% from 2019

Annual return

13.17%

-7.25 pp from 2019

Benchmarks

See 755 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort755 peers

Snapshot2020

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 8 by compensation

Provider	Service type	Compensation
LPL FINANCIAL2 years Filed as: LPL FINANCIAL, LLC Service code 55 4707 EXECUTIVE, LLC · SAN DIEGO, CA 92121	Other Commissions	$119,443
GREAT-WEST LIFE & ANNUITY INSURANCE6+ years Filed as: ADVISED ASSET GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$67,907
GREAT-WEST LIFE & ANNUITY INSURANCE6+ years Filed as: GREAT WEST LIFE & ANNUITY COMPANY Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$27,260
THE RYDING COMPANY6+ years Service code 13 · EIN 95-3497679 2659 TOWNSGATE ROAD, SUITE 101 · WESTLAKE VILLAGE, CA 91361	Contract Administrator	$10,000
TRUOG-RYDING COMPANY, INC.6+ years Service code 13	Contract Administrator	$10,000
3 38 INVESTMENT FIDUCIARIES INC2 years Filed as: 3 38 INVESTMENT FIDUCIARIES, INC Service code 27 40 W. EASY ST. · SIMI VALLEY, CA 93065	Advisory (Plan)	$0
KESTRA INVESTMENT SERVICES LLC5 years Service code 55 1250 CAPITAL OF TEXAS HWY 5 #2-125 · AUSTIN, TX 78746	Other Commissions	$0
KESTRA INVESTMENT SERVICES LLC2 years Filed as: KESTRA INVESTMENT SERVICES, LLC Service code 55	Other Commissions	$0

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

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$77K

$60 / participant

Other / not subdivided$77K100.0%

% of EOY assets

0.074%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$76,078

$127,481-40.3%

$149,745-49.2%

$90,274-15.7%

Participation rate

61.8%

78.2%-16.5pp

82.5%-20.7pp

73.4%-11.6pp

Annual return

13.17%

57.78%-44.6pp

276.72%-263.6pp

53.97%-40.8pp

Employer contribution / active EE

$759

$3,448-78.0%

$4,646-83.7%

$2,523-69.9%

Participant deferral / active EE

$4,301

$6,975-38.3%

$6,843-37.1%

$4,231+1.7%

Admin fee / account holder

$56

$152-62.9%

$9,312-99.4%

$114-50.6%

Provider

Service type

Compensation

LPL FINANCIAL2 years

Filed as: LPL FINANCIAL, LLC

Service code 55

4707 EXECUTIVE, LLC · SAN DIEGO, CA 92121

Other Commissions

$119,443

GREAT-WEST LIFE & ANNUITY INSURANCE6+ years

Filed as: ADVISED ASSET GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$67,907

GREAT-WEST LIFE & ANNUITY INSURANCE6+ years

Filed as: GREAT WEST LIFE & ANNUITY COMPANY

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$27,260

THE RYDING COMPANY6+ years

Service code 13 · EIN 95-3497679

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

Contract Administrator

$10,000

TRUOG-RYDING COMPANY, INC.6+ years

Service code 13

Contract Administrator

$10,000

3 38 INVESTMENT FIDUCIARIES INC2 years

Filed as: 3 38 INVESTMENT FIDUCIARIES, INC

Service code 27

40 W. EASY ST. · SIMI VALLEY, CA 93065

Advisory (Plan)

KESTRA INVESTMENT SERVICES LLC5 years

Service code 55

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

Other Commissions

KESTRA INVESTMENT SERVICES LLC2 years

Filed as: KESTRA INVESTMENT SERVICES, LLC

Service code 55

Other Commissions

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