Retirement plan

PENNY PUBLICATIONS, LLC 401(K) PLAN

Name: PENNY PUBLICATIONS, LLC - PENNY PUBLICATIONS, LLC 401(K) PLAN (2016) Form 5500
Creator: PENNY PUBLICATIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PENNY PUBLICATIONS, LLC 401(K) PLAN, PENNY PUBLICATIONS, LLC

PENNY PUBLICATIONS, LLCEIN 06-1533995Plan #002PY 2016

6 PROWITT STREET - NORWALK, CT 068551220203-866-6688pennydellpuzzles.comLinkedIn51-200 employeespublishing

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$11.3M

+10.8% from 2015

Total participants

189

+6.8% from 2015

Average account balance

$79,773

+4.6% from 2015

Annual return

9.10%

+10.74 pp from 2015

Benchmarks

See 837 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort837 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.68M

Not enough data

1 years with asset history on file

Average account balance

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

$151K

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.

137

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.

82.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$953K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+16.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$120

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 6 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC2+ years Service code 55 · EIN 13-2638166	Other Commissions	$24,493
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSACHUSETTS MUTUAL RETIREMENT Service code 15 · EIN 26-1589907	Recordkeeping	$3,115
RELIANCE TRUST COMPANY2+ years Service code 19 · EIN 58-1428634	Securities Custodian	$282
MESIROW FINANCIAL INVESTMENT MANAGE2+ years Filed as: MESIROW FINANCIAL INVESTMENT Service code 49	Other Services	$22
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSACHUSETTS RETIREMENT SERVICES Service code 52	Indirect Investment Fees	$0
MESIROW FINANCIAL INVESTMENT MANAGE2+ years Filed as: MESIROW FINANCIAL INVESTMENT INC. Service code 49 · EIN 36-3429599	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$3K

$18 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.027%

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: VISCONTI & ASSOCIATES, P.C.
Auditor EIN: 061354191
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$79,773

$51,244+55.7%

$80,977-1.5%

$55,167+44.6%

Participation rate

73.4%

71.7%+1.8pp

75.8%-2.4pp

69.0%+4.5pp

Annual return

9.10%

17.39%-8.3pp

17.11%-8.0pp

169.23%-160.1pp

Employer contribution / active EE

$1,770-100.0%

$3,715-100.0%

$1,963-100.0%

Participant deferral / active EE

$3,746

$4,418-15.2%

$5,696-34.2%

$3,054+22.6%

Admin fee / account holder

$22

$398-94.5%

$5,517-99.6%

$504-95.6%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC2+ years

Service code 55 · EIN 13-2638166

Other Commissions

$24,493

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSACHUSETTS MUTUAL RETIREMENT

Service code 15 · EIN 26-1589907

Recordkeeping

$3,115

RELIANCE TRUST COMPANY2+ years

Service code 19 · EIN 58-1428634

Securities Custodian

$282

MESIROW FINANCIAL INVESTMENT MANAGE2+ years

Filed as: MESIROW FINANCIAL INVESTMENT

Service code 49

Other Services

$22

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSACHUSETTS RETIREMENT SERVICES

Service code 52

Indirect Investment Fees

MESIROW FINANCIAL INVESTMENT MANAGE2+ years

Filed as: MESIROW FINANCIAL INVESTMENT INC.

Service code 49 · EIN 36-3429599

Other Services

PENNY PUBLICATIONS, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PENNY PUBLICATIONS, LLC 401(K) 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