Retirement plan

PURPLE TURTLE PRODUCTIONS, INC. 401(K) PROFIT SHARING PLAN

Name: PURPLE TURTLE PRODUCTIONS, INC. - PURPLE TURTLE PRODUCTIONS, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: PURPLE TURTLE PRODUCTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PURPLE TURTLE PRODUCTIONS, INC. 401(K) PROFIT SHARING PLAN, PURPLE TURTLE PRODUCTIONS, INC.

PURPLE TURTLE PRODUCTIONS, INC.EIN 20-2159145Plan #001PY 2020

5 PANETTIERI DRIVE - LAKEVILLE, MA 02347508-946-1943turtleone.comLinkedIn1-10 employeesmedia production

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$826K

+22.3% from 2019

Total participants

0.0% from 2019

Average account balance

$206,625

+22.3% from 2019

Annual return

13.50%

-7.25 pp from 2019

Benchmarks

See 9,162 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort9,162 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.28M

Not enough data

1 years with asset history on file

Average account balance

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

$183K

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.

70.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$74K

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

+10.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$150

$21 / participant

Other / not subdivided$150100.0%

% of EOY assets

0.018%

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

$206,625

$115,917+78.3%

$100,535+105.5%

$158,982+30.0%

Participation rate

57.1%

81.6%-24.5pp

79.4%-22.3pp

82.0%-24.8pp

Annual return

13.50%

34.80%-21.3pp

30.90%-17.4pp

302.99%-289.5pp

Employer contribution / active EE

$1,509

$4,105-63.2%

$3,419-55.9%

$4,763-68.3%

Participant deferral / active EE

$6,964

$6,677+4.3%

$6,271+11.0%

$5,983+16.4%

Admin fee / account holder

$38

$11,002-99.7%

$8,085-99.5%

$11,252-99.7%

PURPLE TURTLE PRODUCTIONS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PURPLE TURTLE PRODUCTIONS, INC. 401(K) PROFIT SHARING 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