Retirement plan

EMPLOYEE BENEFIT PLAN OF FUJISANKEI COMMUNICATIONS INTERNATIONAL, INC.

Name: FUJISANKEI COMMUNICATIONS INTERNATIONAL, INC. - EMPLOYEE BENEFIT PLAN OF FUJISANKEI COMMUNICATIONS INTERNATIONAL, INC. (2019) Form 5500
Creator: FUJISANKEI COMMUNICATIONS INTERNATIONAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF FUJISANKEI COMMUNICATIONS INTERNATIONAL, INC., FUJISANKEI COMMUNICATIONS INTERNATIONAL, INC.

FUJISANKEI COMMUNICATIONS INTERNATIONAL, INC.EIN 13-3368893Plan #001PY 2019

150 E 52ND ST FL 34 - NEW YORK, NY 100226227212-753-8100fujisankei.comLinkedIn51-200 employeesnewspapers

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$8.8M

+23.4% from 2018

Total participants

+1.8% from 2018

Average account balance

$155,019

+21.2% from 2018

Annual return

20.80%

+27.31 pp from 2018

Benchmarks

See 8,830 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort8,830 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.32M

Not enough data

1 years with asset history on file

Average account balance

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

$224K

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.

219.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$198K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$39812

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 codes2F2G2T3D

Plan features

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.

Opportunity flags

2 tripped

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

$87K

$3788 / participant

Other / not subdivided$87K100.0%

% of EOY assets

0.986%

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

$155,019

$107,941+43.6%

$91,994+68.5%

$152,897+1.4%

Participation rate

100.0%

81.2%+18.8pp

78.6%+21.4pp

82.5%+17.5pp

Annual return

20.80%

89.28%-68.5pp

69.04%-48.2pp

345.43%-324.6pp

Employer contribution / active EE

$2,556

$4,212-39.3%

$3,453-26.0%

$4,764-46.3%

Participant deferral / active EE

$9,285

$6,366+45.9%

$5,924+56.7%

$5,851+58.7%

Admin fee / account holder

$1,529

$10,521-85.5%

$7,744-80.3%

$11,599-86.8%

EMPLOYEE BENEFIT PLAN OF FUJISANKEI COMMUNICATIONS INTERNATIONAL, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF FUJISANKEI COMMUNICATIONS INTERNATIONAL, INC.

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