Retirement plan

DIGITAL REMEDY 401K PLAN

Name: CPX INTERACTIVE DBA DIGITAL REMEDY - DIGITAL REMEDY 401K PLAN (2022) Form 5500
Creator: CPX INTERACTIVE DBA DIGITAL REMEDY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DIGITAL REMEDY 401K PLAN, CPX INTERACTIVE DBA DIGITAL REMEDY

CPX INTERACTIVE DBA DIGITAL REMEDYEIN 20-3664765Plan #003PY 2022

1441 BROADWAY, FLOOR 18 - NEW YORK, NY 10018646-863-8309

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$9.3M

-10.3% from 2021

Total participants

200

+12.4% from 2021

Average account balance

$50,950

-19.1% from 2021

Annual return

-18.27%

-32.26 pp from 2021

Benchmarks

See 5,987 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,987 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.38M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

181

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.

74.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+17.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$281

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
EQUITABLE ADVISORS LLC3 years Filed as: EQUITABLE ADVISORS, LLC Service code 27 · EIN 13-4078005	Advisory (Plan)	$21,941
TRANSAMERICA RETIREMENT SOLUTIONS4 years Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044	Recordkeeping	$17,026
FJC & ASSOCIATES, INC.4 years Service code 15 · EIN 06-1086115	Recordkeeping	$825

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$38K

$352 / participant

Contract admin$38K100.0%

% of EOY assets

0.411%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ZAPKEN AND LOEB L.L.P.
Auditor EIN: 113118865
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,950

$84,499-39.7%

$125,391-59.4%

$66,949-23.9%

Participation rate

84.4%

76.4%+8.0pp

82.4%+2.0pp

69.8%+14.6pp

Annual return

-18.27%

-8.49%-9.8pp

572.41%-590.7pp

1.57%-19.8pp

Employer contribution / active EE

$3,715

$3,554+4.5%

$4,816-22.9%

$2,545+46.0%

Participant deferral / active EE

$6,925

$6,785+2.1%

$7,448-7.0%

$4,239+63.3%

Admin fee / account holder

$210

$685-69.4%

$10,009-97.9%

$594-64.7%

Provider

Service type

Compensation

EQUITABLE ADVISORS LLC3 years

Filed as: EQUITABLE ADVISORS, LLC

Service code 27 · EIN 13-4078005

Advisory (Plan)

$21,941

TRANSAMERICA RETIREMENT SOLUTIONS4 years

Filed as: TRANSAMERICA RETIREMENT SOLUTIONS,

Service code 15 · EIN 13-3689044

Recordkeeping

$17,026

FJC & ASSOCIATES, INC.4 years

Service code 15 · EIN 06-1086115

Recordkeeping

$825

DIGITAL REMEDY 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DIGITAL REMEDY 401K 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