Retirement plan

SPORTEK INTERNATIONAL, INC PROFIT SHARING 401(K) PLAN

Name: SPORTEK INTERNATIONAL, INC. - SPORTEK INTERNATIONAL, INC PROFIT SHARING 401(K) PLAN (2017) Form 5500
Creator: SPORTEK INTERNATIONAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPORTEK INTERNATIONAL, INC PROFIT SHARING 401(K) PLAN, SPORTEK INTERNATIONAL, INC.

SPORTEK INTERNATIONAL, INC.EIN 20-0324253Plan #001PY 2017

2425 S EASTERN AVE - COMMERCE, CA 90040213-239-6700sportek.comLinkedIn11-50 employeesapparel & fashion

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.8M

+19.4% from 2016

Total participants

+9.1% from 2016

Average account balance

$178,664

+2.3% from 2016

Annual return

15.42%

+10.45 pp from 2016

Benchmarks

See 22,203 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,203 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.38M

Not enough data

1 years with asset history on file

Average account balance

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

$299K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$102K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+7.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$803

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 codes2E3D2G2J2F2T

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

$74K

$3874 / participant

Other / not subdivided$74K100.0%

% of EOY assets

1.962%

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

$178,664

$144,124+24.0%

$117,857+51.6%

$147,585+21.1%

Participation rate

84.2%

83.4%+0.8pp

79.7%+4.5pp

82.8%+1.4pp

Annual return

15.42%

531.17%-515.7pp

335.09%-319.7pp

578.56%-563.1pp

Employer contribution / active EE

$5,263

$4,897+7.5%

$3,786+39.0%

$4,876+7.9%

Participant deferral / active EE

$2,802

$5,316-47.3%

$4,482-37.5%

$5,439-48.5%

Admin fee / account holder

$3,505

$10,886-67.8%

$8,020-56.3%

$10,885-67.8%

SPORTEK INTERNATIONAL, INC PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPORTEK INTERNATIONAL, INC PROFIT SHARING 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