Retirement plan

WORKSHOP CREATIVE, LLC 401(K) PLAN

Name: WORKSHOP CREATIVE, LLC - WORKSHOP CREATIVE, LLC 401(K) PLAN (2018) Form 5500
Creator: WORKSHOP CREATIVE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WORKSHOP CREATIVE, LLC 401(K) PLAN, WORKSHOP CREATIVE, LLC

WORKSHOP CREATIVE, LLCEIN 20-8295596Plan #003PY 2018

4525 WILSHIRE BLVD, SUITE 100 - LOS ANGELES, CA 90010310-860-2100LinkedIn1-10 employeesperforming arts

Other plans on this EIN

2 filings

#002Retirement-$2.2M assets #001Retirement-$1.2M assets

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$3.1M

-14.4% from 2017

Total participants

+11.4% from 2017

Average account balance

$77,199

-25.1% from 2017

Annual return

-6.10%

-27.12 pp from 2017

Benchmarks

See 25,535 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,535 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.70M

Not enough data

1 years with asset history on file

Average account balance

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

$203K

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.

92.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$374K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+14.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3341

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 codes2E2F2G2J2T3D

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.
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.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$588K

$17290 / participant

Other / not subdivided$588K100.0%

% of EOY assets

19.037%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$77,199

$77,817-0.8%

$123,553-37.5%

$64,173+20.3%

Participation rate

73.5%

74.7%-1.2pp

82.3%-8.8pp

69.6%+4.0pp

Annual return

-6.10%

12.49%-18.6pp

119.21%-125.3pp

7.63%-13.7pp

Employer contribution / active EE

$23

$3,014-99.2%

$4,628-99.5%

$2,381-99.0%

Participant deferral / active EE

$7,921

$5,240+51.2%

$6,426+23.3%

$3,470+128.3%

Admin fee / account holder

$14,696

$5,519+166.3%

$9,284+58.3%

$4,887+200.7%

WORKSHOP CREATIVE, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WORKSHOP CREATIVE, LLC 401(K) 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