Retirement plan

MICHAEL PAUL PRODUCTIONS PROFIT SHARING PLAN

Name: MICHAEL PAUL PRODUCTIONS - MICHAEL PAUL PRODUCTIONS PROFIT SHARING PLAN (2024) Form 5500
Creator: MICHAEL PAUL PRODUCTIONS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MICHAEL PAUL PRODUCTIONS PROFIT SHARING PLAN, MICHAEL PAUL PRODUCTIONS

MICHAEL PAUL PRODUCTIONSEIN 20-4631074Plan #001PY 2024

1 1ST PLACE UNIT#10 - BROOKLYN, NY 112313468401-274-3489LinkedIn1-10 employeesbroadcast media

Other plans on this EIN

1 filing

#002Retirement-$1.4M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$801K

+48.5% from 2023

Total participants

+100.0% from 2023

Average account balance

$133,462

-25.7% from 2023

Annual return

3.09%

+29.79 pp from 2023

Benchmarks

See 10,226 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort10,226 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$801K

Not enough data

1 years with asset history on file

Average account balance

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

$133K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$245K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$41K

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

+3.09%

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 codes2D2E2G2J3D

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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.
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.

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

$133,462

$169,336-21.2%

$129,384+3.2%

$145,884-8.5%

Participation rate

100.0%

76.5%+23.5pp

69.6%+30.4pp

80.3%+19.7pp

Annual return

3.09%

14408.70%-14405.6pp

9461.77%-9458.7pp

551.85%-548.8pp

Employer contribution / active EE

$26,831

$5,540+384.3%

$4,153+546.0%

$4,662+475.5%

Participant deferral / active EE

$14,000

$4,985+180.8%

$4,166+236.1%

$6,690+109.3%

Admin fee / account holder

$9,912-100.0%

$7,686-100.0%

$13,392-100.0%

MICHAEL PAUL PRODUCTIONS PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MICHAEL PAUL PRODUCTIONS 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