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 (2021) 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 2021

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$964K

+16.6% from 2020

Total participants

+71.4% from 2020

Average account balance

$240,939

+16.6% from 2020

Annual return

10.87%

-2.63 pp from 2020

Benchmarks

See 9,485 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort9,485 peers

Snapshot2021

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

1 tripped

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

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

$240,939

$124,187+94.0%

$108,410+122.2%

$167,518+43.8%

Participation rate

33.3%

82.3%-49.0pp

80.1%-46.8pp

82.1%-48.8pp

Annual return

10.87%

1379.80%-1368.9pp

905.34%-894.5pp

478.71%-467.8pp

Employer contribution / active EE

$898

$4,187-78.6%

$3,558-74.8%

$4,838-81.4%

Participant deferral / active EE

$3,051

$6,908-55.8%

$6,562-53.5%

$6,342-51.9%

Admin fee / account holder

$9,456-100.0%

$7,296-100.0%

$12,312-100.0%

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion