Retirement plan

LONG ISLAND ROCK MUSIC GROUP, LLC 401(K) PLAN

Name: LONG ISLAND ROCK MUSIC GROUP, LLC - LONG ISLAND ROCK MUSIC GROUP, LLC 401(K) PLAN (2019) Form 5500
Creator: LONG ISLAND ROCK MUSIC GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LONG ISLAND ROCK MUSIC GROUP, LLC 401(K) PLAN, LONG ISLAND ROCK MUSIC GROUP, LLC

LONG ISLAND ROCK MUSIC GROUP, LLCEIN 27-4278902Plan #001PY 2019

4 VALLEY PATH - SAINT JAMES, NY 117804014631-476-7625

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$344K

+52.1% from 2018

Total participants

+12.5% from 2018

Average account balance

$42,963

+52.1% from 2018

Annual return

27.19%

+35.73 pp from 2018

Benchmarks

See 6,050 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,050 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$721K

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+14.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$27

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 codes2E2F2G2J3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$42,963

$77,449-44.5%

$69,483-38.2%

$152,909-71.9%

Participation rate

87.5%

78.1%+9.4pp

74.6%+12.9pp

82.5%+5.0pp

Annual return

27.19%

39.09%-11.9pp

28.99%-1.8pp

345.46%-318.3pp

Employer contribution / active EE

$1,463

$3,316-55.9%

$2,780-47.4%

$4,764-69.3%

Participant deferral / active EE

$5,567

$4,415+26.1%

$3,537+57.4%

$5,851-4.9%

Admin fee / account holder

$6,210-100.0%

$3,841-100.0%

$11,601-100.0%

LONG ISLAND ROCK MUSIC GROUP, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LONG ISLAND ROCK MUSIC GROUP, LLC 401(K) 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