Retirement plan

SOCIETY OF MOTION PICTURE AND TELEVISION ENGINEERS, INC. DEFINED CONTRIBUTION RET PLAN

Name: SOCIETY OF MOTION PICTURE & TV ENGINEERS, INC. - SOCIETY OF MOTION PICTURE AND TELEVISION ENGINEERS, INC. DEFINED CONTRIBUTION RET PLAN (2017) Form 5500
Creator: SOCIETY OF MOTION PICTURE & TV ENGINEERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOCIETY OF MOTION PICTURE AND TELEVISION ENGINEERS, INC. DEFINED CONTRIBUTION RET PLAN, SOCIETY OF MOTION PICTURE & TV ENGINEERS, INC.

SOCIETY OF MOTION PICTURE & TV ENGINEERS, INC.EIN 13-1624188Plan #002PY 2017

445 HAMILTON AVE, SUITE 601 - WHITE PLAINS, NY 10601914-761-1100LinkedIn11-50 employeesmotion pictures and film

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$585K

-14.3% from 2016

Total participants

+6.3% from 2016

Average account balance

$34,414

-19.3% from 2016

Annual return

6.69%

+1.16 pp from 2016

Benchmarks

See 8,045 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort8,045 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$515K

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+7.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14264

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 codes2E2F2G2T3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$225K

$13238 / participant

Other / not subdivided$225K100.0%

% of EOY assets

38.468%

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

$34,414

$105,856-67.5%

$90,161-61.8%

$147,586-76.7%

Participation rate

100.0%

79.7%+20.3pp

76.9%+23.1pp

82.8%+17.2pp

Annual return

6.69%

37.63%-30.9pp

34.89%-28.2pp

578.59%-571.9pp

Employer contribution / active EE

$4,679

$4,126+13.4%

$3,318+41.0%

$4,876-4.1%

Participant deferral / active EE

$5,733-100.0%

$5,287-100.0%

$5,439-100.0%

Admin fee / account holder

$13,238

$8,046+64.5%

$5,943+122.7%

$10,886+21.6%

SOCIETY OF MOTION PICTURE AND TELEVISION ENGINEERS, INC. DEFINED CONTRIBUTION RET PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOCIETY OF MOTION PICTURE AND TELEVISION ENGINEERS, INC. DEFINED CONTRIBUTION RET 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