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Original filing (PDF)20251014200718NAL0001793187001
TECH SYSTEMS, INC.
Form 5500
FILING_RECEIVED
TECH SYSTEMS, INC. CONTRACTORS AND EMPLOYEES RETIREMENT PLAN
401(k) retirement plan
Signals · 2
~124 bps in Sched C feesNo recordkeeper disclosed
Active participants
507
Accounts w/ balance
386
Plan assets (EOY)
$5.5M
Net assets (EOY)
$5.5M
How this plan invests
This plan
18 pooled trusts
Schedule D
33 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 124 bps in Schedule C fees — 139% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for TECH SYSTEMS, INC..
Plan sponsor
Name
TECH SYSTEMS, INC.
EIN
54-1685707
Address
1011 DAVIS DRIVE · APEX, NC · 27523
Phone
(703) 924-0474
Industry
Admin Support & Waste Mgmtsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
2A · Age/service weighted or new comparability
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
CST GROUP CPAS, PC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| UBS FINANCIAL SERVICES | 13-2638166 | — | INVESTEMENT ADVISORY | $0 | — |
TPA / Administrator
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $49K | — |
| CBIZ BENEFITS & INSURANCE SERVICES | 31-1582098 | — | CONTRACT ADMINISTRATOR | $20K | — |
Investments
29 direct securities · 18 pooled funds· $10.3M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$5.1M
29 holdings
Common Collective Trust
$5.0M
13 holdings
Pooled Separate Account
$206K
5 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Principal Life Insurance Company Principal Trust Target 2040 Fund | — | — | — | $825K | 14.9% | |
| PRIN LIFETIME HYBR 2040 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 007 | Common Collective Trust | — | — | $825K | 14.9% | |
| Principal Life Insurance Company Principal Trust Target 2030 Fund | — | — | — | $697K | 12.6% | |
| PRIN LIFETIME HYBR 2030 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 005 | Common Collective Trust | — | — | $697K | 12.6% | |
| Principal Life Insurance Company Principal Trust Target 2035 Fund | — | — | — | $694K | 12.5% | |
| PRIN LIFETIME HYBR 2035 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 006 | Common Collective Trust | — | — | $694K | 12.5% | |
| Principal Life Insurance Company Principal Trust Target 2045 Fund | — | — | — | $623K | 11.2% | |
| PRIN LIFETIME HYBR 2045 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 008 | Common Collective Trust | — | — | $623K | 11.2% | |
| Principal Life Insurance Company Principal Trust Target 2025 Fund | — | — | — | $568K | 10.2% | |
| PRIN LIFETIME HYBR 2025 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 004 | Common Collective Trust | — | — | $568K | 10.2% | |
| Principal Life Insurance Company Principal Trust Target 2050 Fund | — | — | — | $349K | 6.3% | |
| PRIN LIFETIME HYBR 2050 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 009 | Common Collective Trust | — | — | $349K | 6.3% | |
| Principal Life Insurance Company Principal Trust Target 2060 Fund | — | — | — | $349K | 6.3% | |
| PRIN LIFETIME HYBR 2060 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 012 | Common Collective Trust | — | — | $349K | 6.3% | |
| Principal Life Insurance Company Principal Trust Target 2020 Fund | — | — | — | $332K | 6.0% | |
| PRIN LIFETIME HYBR 2020 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 003 | Common Collective Trust | — | — | $332K | 6.0% | |
| Principal Life Insurance Company Principal Trust Target 2055 Fund | — | — | — | $262K | 4.7% | |
| PRIN LIFETIME HYBR 2055 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 010 | Common Collective Trust | — | — | $262K | 4.7% | |
| PRINCIPAL LIFETIME HYBR 2065 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 013 | Common Collective Trust | — | — | $185K | 3.3% | |
| PRIN LGCP S&P 500 INDEX SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 015 | Pooled Separate Account | — | — | $88K | 1.6% | |
| Principal Life Insurance Company Principal Diversified International Separate Account | — | — | — | $68K | 1.2% | |
| PRIN DIVERSIFIED INTL SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 015 | Pooled Separate Account | — | — | $68K | 1.2% | |
| Principal Life Insurance Company Fixed Income Guaranteed Option (Contract Value) | — | — | — | $57K | 1.0% | |
| Principal Life Insurance Company Principal Trust Target 2015 Fund | — | — | — | $53K | 1.0% | |
| PRIN LIFETIME HYBR 2015 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 002 | Common Collective Trust | — | — | $53K | 1.0% | |
| Principal Life Insurance Company Principal Trust Income Fund | — | — | — | $40K | 0.7% | |
| PRIN LIFETIME HYBR INC CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 011 | Common Collective Trust | — | — | $40K | 0.7% | |
| Principal Life Insurance Company Principal Large Cap Growth I Sep Account Fund | — | — | — | $39K | 0.7% | |
| PRIN LARGECAP GROWTH I SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 066 | Pooled Separate Account | — | — | $39K | 0.7% | |
| American Funds American Funds Washington Mutual R6 Fund | — | — | — | $30K | 0.5% | |
| Janus International Holding Janus Henderson Enterprise N Fund | — | — | — | $29K | 0.5% | |
| Vanguard Intermediate-Term Corporate Bond Index Fund Vanguard Group Admiral Shares | — | — | — | $26K | 0.5% | |
| Western Asset Western Asset Core Plus Bond I Fund | — | — | — | $24K | 0.4% | |
| Dimensional Fund DFA International Core Equity I Fund | — | — | — | $18K | 0.3% | |
| Principal Life Insurance Company Principal Trust Target 2070 Fund | — | — | — | $10K | 0.2% | |
| PRIN LIFETIME HYBR 2070 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 014 | Common Collective Trust | — | — | $10K | 0.2% | |
| Vanguard Group Vanguard Small-Cap Value Index Admiral Fund | — | — | — | $8K | 0.1% | |
| Victory Funds Victory Sycamore Established Value R6 Fund | — | — | — | $6K | 0.1% | |
| PRIN MIDCAP S&P 400 INDEX SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 023 | Pooled Separate Account | — | — | $6K | 0.1% | |
| Notes receivable Installment loans receivable with interest rates from participants ranging from 10% to 10.25% that mature in May | — | — | — | $6K | 0.1% | |
| Vanguard Group Vanguard Small-Cap Growth Index Admiral Fund | — | — | — | $6K | 0.1% | |
| Dimensional Fund Investors DFA US Core Equity II Fund | — | — | — | $6K | 0.1% | |
| PRIN SMCAP S&P 600 INDEX SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 028 | Pooled Separate Account | — | — | $5K | <0.1% | |
| Dimensional Fund DFA Real Estate Secs I Fund | — | — | — | $4K | <0.1% | |
| Dimensional Fund DFA Inflation-Protected Securities I Fund | — | — | — | $2K | <0.1% | |
| Alliance Bernstein AB Global Bond Fund Class Z | — | — | — | $2K | <0.1% | |
| American Funds American Funds NewWorld R6 Fund | — | — | — | $2K | <0.1% |
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