Retirement plan

EMPLOYEE BENEFIT PLAN OF FUJISANKEI COMMUNICATIONS INTERNATIONAL, INC.

Name: FUJISANKEI COMMUNICATIONS INTERNATIONAL, INC. - EMPLOYEE BENEFIT PLAN OF FUJISANKEI COMMUNICATIONS INTERNATIONAL, INC. (2020) 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 2020

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)

$9.5M

+7.4% from 2019

Total participants

-7.0% from 2019

Average account balance

$178,988

+15.5% from 2019

Annual return

11.74%

-9.06 pp from 2019

Benchmarks

See 9,165 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort9,165 peers

Snapshot2020

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

$663K

$27620 / participant

Other / not subdivided$663K100.0%

% of EOY assets

6.988%

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

$178,988

$115,911+54.4%

$100,530+78.0%

$158,950+12.6%

Participation rate

100.0%

81.6%+18.4pp

79.4%+20.6pp

82.0%+18.0pp

Annual return

11.74%

34.80%-23.1pp

30.89%-19.2pp

302.91%-291.2pp

Employer contribution / active EE

$2,437

$4,104-40.6%

$3,418-28.7%

$4,762-48.8%

Participant deferral / active EE

$9,042

$6,676+35.4%

$6,271+44.2%

$5,983+51.1%

Admin fee / account holder

$12,507

$10,999+13.7%

$8,083+54.7%

$11,248+11.2%

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