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 (2018) 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 2018

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

Prospect flagsHigh feesLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$636K

+8.6% from 2017

Total participants

0.0% from 2017

Average account balance

$42,371

+23.1% from 2017

Annual return

-3.87%

-10.56 pp from 2017

Benchmarks

See 8,369 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort8,369 peers

Snapshot2018

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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$12K

$791 / participant

Other / not subdivided$12K100.0%

% of EOY assets

1.868%

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

$42,371

$97,020-56.3%

$83,327-49.2%

$135,380-68.7%

Participation rate

86.7%

80.4%+6.3pp

77.8%+8.9pp

82.6%+4.0pp

Annual return

-3.87%

12.31%-16.2pp

10.64%-14.5pp

519.81%-523.7pp

Employer contribution / active EE

$5,381

$4,144+29.9%

$3,379+59.3%

$4,779+12.6%

Participant deferral / active EE

$5,964-100.0%

$5,565-100.0%

$5,609-100.0%

Admin fee / account holder

$791

$8,426-90.6%

$7,540-89.5%

$10,828-92.7%

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