Retirement plan

RINGSIDE CREATIVE, LLC EMPLOYEES' 401(K) PLAN AND TRUST

Name: RINGSIDE CREATIVE, LLC - RINGSIDE CREATIVE, LLC EMPLOYEES' 401(K) PLAN AND TRUST (2016) Form 5500
Creator: RINGSIDE CREATIVE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RINGSIDE CREATIVE, LLC EMPLOYEES' 401(K) PLAN AND TRUST, RINGSIDE CREATIVE, LLC

RINGSIDE CREATIVE, LLCEIN 26-0785095Plan #001PY 2016

13320 NORTHEND AVENUE, SUITE 3000 - OAK PARK, MI 48237248-548-2500ringsidecreative.comLinkedIn51-200 employeesmedia production

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$7.1M

No prior year

Total participants

120

No prior year

Average account balance

$60,507

No prior year

Annual return

8.22%

No prior year

Benchmarks

See 837 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort837 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.61M

Not enough data

1 years with asset history on file

Average account balance

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

$137K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$417K

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

+15.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7548

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

Top 3 by compensation

Provider	Service type	Compensation
ABG PORTFOLIO STRATEGIES, INC.2+ years Service code 16 · EIN 38-3462761	Consulting	$17,522
ALLIANCE BENEFIT GROUP2+ years Filed as: ALLIANCE BENEFIT GROUP OF MI, INC. Service code 15 · EIN 38-2738460	Recordkeeping	$14,133
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK Service code 15 · EIN 42-1558009	Recordkeeping	$3,939

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$36K

$349 / participant

Other / not subdivided$36K100.0%

% of EOY assets

0.503%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: PLANTE & MORAN, LLP
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,507

$51,244+18.1%

$80,977-25.3%

$55,167+9.7%

Participation rate

97.1%

71.7%+25.4pp

75.8%+21.2pp

69.0%+28.1pp

Annual return

8.22%

17.39%-9.2pp

17.11%-8.9pp

169.23%-161.0pp

Employer contribution / active EE

$1,770-100.0%

$3,715-100.0%

$1,963-100.0%

Participant deferral / active EE

$6,719

$4,418+52.1%

$5,696+17.9%

$3,054+120.0%

Admin fee / account holder

$304

$398-23.6%

$5,517-94.5%

$504-39.6%

Provider

Service type

Compensation

ABG PORTFOLIO STRATEGIES, INC.2+ years

Service code 16 · EIN 38-3462761

Consulting

$17,522

ALLIANCE BENEFIT GROUP2+ years

Filed as: ALLIANCE BENEFIT GROUP OF MI, INC.

Service code 15 · EIN 38-2738460

Recordkeeping

$14,133

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB BANK

Service code 15 · EIN 42-1558009

Recordkeeping

$3,939

RINGSIDE CREATIVE, LLC EMPLOYEES' 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RINGSIDE CREATIVE, LLC EMPLOYEES' 401(K) PLAN AND TRUST

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