Retirement plan

PAUL EFFMAN MUSIC INC 401(K) PLAN

Name: PAUL EFFMAN MUSIC SERVICE INC - PAUL EFFMAN MUSIC INC 401(K) PLAN (2025) Form 5500
Creator: PAUL EFFMAN MUSIC SERVICE INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PAUL EFFMAN MUSIC INC 401(K) PLAN, PAUL EFFMAN MUSIC SERVICE INC

PAUL EFFMAN MUSIC SERVICE INCEIN 11-3040077Plan #001PY 2025

600 WOODBURY ROAD - PLAINVIEW, NY 11803516-921-4543pemusic.comLinkedIn51-200 employeeseducation management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.4M

+17.7% from 2024

Total participants

+2.3% from 2024

Average account balance

$227,498

+24.0% from 2024

Annual return

17.14%

+2.90 pp from 2024

Benchmarks

See 1,689 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort1,689 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.42M

Not enough data

1 years with asset history on file

Average account balance

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

$227K

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.

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.

119.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$222K

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

+17.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5834

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$216K

$6963 / participant

Other / not subdivided$216K100.0%

% of EOY assets

2.564%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$227,498

$51,184+344.5%

$66,439+242.4%

$86,983+161.5%

Participation rate

77.4%

68.5%+8.9pp

74.5%+2.9pp

69.5%+7.9pp

Annual return

17.14%

17.07%+0.1pp

757.66%-740.5pp

25.83%-8.7pp

Employer contribution / active EE

$2,023-100.0%

$2,637-100.0%

$2,584-100.0%

Participant deferral / active EE

$7,164

$2,927+144.7%

$3,876+84.8%

$4,194+70.8%

Admin fee / account holder

$5,834

$4,154+40.4%

$6,173-5.5%

$7,856-25.7%

PAUL EFFMAN MUSIC INC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PAUL EFFMAN MUSIC INC 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