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 (2022) 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 2022

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$877K

-9.0% from 2021

Total participants

-8.3% from 2021

Average account balance

$219,233

-9.0% from 2021

Annual return

-15.41%

-26.29 pp from 2021

Benchmarks

See 10,380 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort10,380 peers

Snapshot2022

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

$219,233

$99,668+120.0%

$86,451+153.6%

$134,545+62.9%

Participation rate

36.4%

82.1%-45.7pp

80.3%-44.0pp

81.2%-44.9pp

Annual return

-15.41%

6789.61%-6805.0pp

4398.51%-4413.9pp

418.37%-433.8pp

Employer contribution / active EE

$1,085

$4,403-75.4%

$3,770-71.2%

$4,742-77.1%

Participant deferral / active EE

$4,527

$7,249-37.5%

$6,953-34.9%

$6,401-29.3%

Admin fee / account holder

$8,377-100.0%

$6,734-100.0%

$11,431-100.0%

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