Retirement plan

JOSEPHSON ACADEMY OF GYMNASTICS 401(K) PLAN

Name: JOSEPHSON ACADEMY OF GYMNASTICS - JOSEPHSON ACADEMY OF GYMNASTICS 401(K) PLAN (2018) Form 5500
Creator: JOSEPHSON ACADEMY OF GYMNASTICS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOSEPHSON ACADEMY OF GYMNASTICS 401(K) PLAN, JOSEPHSON ACADEMY OF GYMNASTICS

JOSEPHSON ACADEMY OF GYMNASTICSEIN 20-1080422Plan #001PY 2018

8640 HAYDEN PL - CULVER CITY, CA 902322902310-287-9886LinkedIn11-50 employeessports

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$561K

+5.7% from 2017

Total participants

-13.2% from 2017

Average account balance

$26,721

-29.5% from 2017

Annual return

-11.20%

-32.48 pp from 2017

Benchmarks

See 2,579 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort2,579 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.06M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

73.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$194K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+17.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1145

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$5K

$170 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.877%

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

$26,721

$43,730-38.9%

$121,220-78.0%

$64,173-58.4%

Participation rate

58.6%

58.3%+0.3pp

71.8%-13.1pp

69.6%-10.9pp

Annual return

-11.20%

68.94%-80.1pp

16.94%-28.1pp

7.63%-18.8pp

Employer contribution / active EE

$1,397

$1,297+7.7%

$4,023-65.3%

$2,381-41.3%

Participant deferral / active EE

$1,699

$2,281-25.5%

$3,345-49.2%

$3,470-51.0%

Admin fee / account holder

$234

$3,502-93.3%

$5,021-95.3%

$4,887-95.2%

JOSEPHSON ACADEMY OF GYMNASTICS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOSEPHSON ACADEMY OF GYMNASTICS 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