Retirement plan

FUND EMPLOYEES 401(K) PLAN

Name: FILM MUSICIANS SECONDARY MARKETS - FUND EMPLOYEES 401(K) PLAN (2019) Form 5500
Creator: FILM MUSICIANS SECONDARY MARKETS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FUND EMPLOYEES 401(K) PLAN, FILM MUSICIANS SECONDARY MARKETS

FILM MUSICIANS SECONDARY MARKETSEIN 13-6695765Plan #001PY 2019

15910 VENTURA BLVD STE 900 - ENCINO, CA 914362809818-647-7360

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.9M

+26.1% from 2018

Total participants

+11.1% from 2018

Average account balance

$97,230

+13.5% from 2018

Annual return

21.89%

+29.29 pp from 2018

Benchmarks

See 8,599 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,599 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.93M

Not enough data

1 years with asset history on file

Average account balance

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

$119K

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

$367K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+10.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22655

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

$250K

$6091 / participant

Other / not subdivided$250K100.0%

% of EOY assets

5.137%

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

$97,230

$54,757+77.6%

$90,304+7.7%

$72,975+33.2%

Participation rate

100.0%

65.2%+34.8pp

73.3%+26.7pp

69.5%+30.5pp

Annual return

21.89%

30.63%-8.7pp

78.13%-56.2pp

81.01%-59.1pp

Employer contribution / active EE

$2,546

$2,093+21.7%

$2,855-10.8%

$2,440+4.4%

Participant deferral / active EE

$7,259

$2,887+151.4%

$3,885+86.8%

$3,608+101.2%

Admin fee / account holder

$4,995

$3,973+25.7%

$5,354-6.7%

$5,124-2.5%

FUND EMPLOYEES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FUND EMPLOYEES 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