Retirement plan

PITCH BLACK CREATIVE USA CORP. 401(K) RETIREMENT PLAN

Name: PITCH BLACK CREATIVE USA CORP. - PITCH BLACK CREATIVE USA CORP. 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: PITCH BLACK CREATIVE USA CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PITCH BLACK CREATIVE USA CORP. 401(K) RETIREMENT PLAN, PITCH BLACK CREATIVE USA CORP.

PITCH BLACK CREATIVE USA CORP.EIN 20-5250211Plan #001PY 2024

4444 LAKESIDE DRIVE UNIT 100 - BURBANK, CA 91505818-237-5052

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$15.5M

+2.9% from 2023

Total participants

203

-39.6% from 2023

Average account balance

$79,630

+39.8% from 2023

Annual return

14.04%

-3.25 pp from 2023

Benchmarks

See 3,320 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort3,320 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.53M

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

195

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.

83.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+14.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$447

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 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$39,054
R-TECH CONSULTANTS, INC.8 years Service code 13 21331 COSTANSO STREET · WOODLAND HILLS, CA 91364	Contract Administrator	$35,981
MERCER1 year Filed as: MERCER INVESTMENTS LLC Service code 27 21875 NETWORK PLACE · CHICAGO, IL 60673	Advisory (Plan)	$20,879
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ADVISORY GROUP LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$14,781
MMA SECURITIES LLC1 year Filed as: MARSH & MCLENNA COMPANIES, INC. Service code 27 21875 NETWORK PLAZA · CHICAGO, IL 60673	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$87K

$1779 / participant

Contract admin$87K100.0%

% of EOY assets

0.561%

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: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$79,630

$51,631+54.2%

$129,397-38.5%

$80,925-1.6%

Participation rate

83.7%

56.9%+26.7pp

69.6%+14.1pp

67.7%+16.0pp

Annual return

14.04%

20.77%-6.7pp

9453.98%-9439.9pp

35.65%-21.6pp

Employer contribution / active EE

$7,429

$1,583+369.3%

$4,154+78.8%

$2,756+169.5%

Participant deferral / active EE

$14,798

$2,670+454.3%

$4,167+255.1%

$4,299+244.3%

Admin fee / account holder

$447

$4,309-89.6%

$7,679-94.2%

$6,940-93.6%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$39,054

R-TECH CONSULTANTS, INC.8 years

Service code 13

21331 COSTANSO STREET · WOODLAND HILLS, CA 91364

Contract Administrator

$35,981

MERCER1 year

Filed as: MERCER INVESTMENTS LLC

Service code 27

21875 NETWORK PLACE · CHICAGO, IL 60673

Advisory (Plan)

$20,879

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ADVISORY GROUP LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$14,781

MMA SECURITIES LLC1 year

Filed as: MARSH & MCLENNA COMPANIES, INC.

Service code 27

21875 NETWORK PLAZA · CHICAGO, IL 60673

Advisory (Plan)

PITCH BLACK CREATIVE USA CORP. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PITCH BLACK CREATIVE USA CORP. 401(K) RETIREMENT 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