Retirement plan

FULL SWING GOLF 401(K) PROFIT SHARING PLAN

Name: FULL SWING GOLF, INC. - FULL SWING GOLF 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: FULL SWING GOLF, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FULL SWING GOLF 401(K) PROFIT SHARING PLAN, FULL SWING GOLF, INC.

FULL SWING GOLF, INC.EIN 33-0196815Plan #002PY 2024

1905 ASTON AVENUE, SUITE 100 - CARLSBAD, CA 92008858-675-1100fullwolf.laLinkedIn1-10 employeesmedia production

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$14M

+32.5% from 2023

Total participants

223

-1.8% from 2023

Average account balance

$71,145

+29.8% from 2023

Annual return

18.55%

-6.00 pp from 2023

Benchmarks

See 827 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort827 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.02M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

197

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.

85.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+18.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$157

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 4 by compensation

Provider	Service type	Compensation
LPL FINANCIAL1 year Filed as: LPL FINANCIAL RPCP Service code 10 · EIN 04-3046611	Accounting	$16,511
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO ADVISORS Service code 10 · EIN 59-2617265 1 N JEFFERSON AVE · SAINT LOUIS, MO 63103	Accounting	$13,875
THE VANGUARD GROUP, INC.2 years Service code 64 · EIN 23-1945930	Recordkeeping Fees	$3,375
PREMIER PLAN CONSULTANTS2 years Service code 13 · EIN 82-0986372 6215 FERRIS SQUARE · SAN DIEGO, CA 92121	Contract Administrator	$3,225

Plan features & details

Pension benefit codes2E2F2G2J2K3D2T

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.

Opportunity flags

1 tripped

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

$31K

$176 / participant

Recordkeeping$31K100.0%

% of EOY assets

0.221%

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: JGD & ASSOCIATES, LLP
Auditor EIN: 953132551
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,145

$52,450+35.6%

$129,384-45.0%

$74,459-4.5%

Participation rate

85.2%

53.8%+31.4pp

69.6%+15.6pp

67.2%+18.0pp

Annual return

18.55%

15.65%+2.9pp

9461.77%-9443.2pp

1369.70%-1351.2pp

Employer contribution / active EE

$4,403

$1,532+187.4%

$4,153+6.0%

$2,626+67.7%

Participant deferral / active EE

$8,880

$2,797+217.4%

$4,166+113.2%

$4,350+104.2%

Admin fee / account holder

$157

$2,636-94.0%

$7,686-98.0%

$1,945-91.9%

Provider

Service type

Compensation

LPL FINANCIAL1 year

Filed as: LPL FINANCIAL RPCP

Service code 10 · EIN 04-3046611

Accounting

$16,511

WELLS FARGO BANK, N.A.2 years

Filed as: WELLS FARGO ADVISORS

Service code 10 · EIN 59-2617265

1 N JEFFERSON AVE · SAINT LOUIS, MO 63103

Accounting

$13,875

THE VANGUARD GROUP, INC.2 years

Service code 64 · EIN 23-1945930

Recordkeeping Fees

$3,375

PREMIER PLAN CONSULTANTS2 years

Service code 13 · EIN 82-0986372

6215 FERRIS SQUARE · SAN DIEGO, CA 92121

Contract Administrator

$3,225

FULL SWING GOLF 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FULL SWING GOLF 401(K) PROFIT SHARING 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