Retirement plan

LYNX STUDIO TECHNOLOGY DEFERRED INCOME PLAN

Name: LYNX STUDIO TECHNOLOGY, INC. - LYNX STUDIO TECHNOLOGY DEFERRED INCOME PLAN (2022) Form 5500
Creator: LYNX STUDIO TECHNOLOGY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LYNX STUDIO TECHNOLOGY DEFERRED INCOME PLAN, LYNX STUDIO TECHNOLOGY, INC.

LYNX STUDIO TECHNOLOGY, INC.EIN 33-0797472Plan #001PY 2022

190 MCCORMICK AVE - COSTA MESA, CA 92626714-545-4700lynxstudio.comLinkedIn11-50 employeeselectrical/electronic manufacturing

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$4.4M

-14.4% from 2021

Total participants

+10.0% from 2021

Average account balance

$436,996

-22.9% from 2021

Annual return

-15.39%

-27.48 pp from 2021

Benchmarks

See 22,362 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort22,362 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.36M

Not enough data

1 years with asset history on file

Average account balance

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

$578K

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.

122.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$156K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+13.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2834

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$98K

$9790 / participant

Other / not subdivided$98K100.0%

% of EOY assets

2.240%

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

$436,996

$100,811+333.5%

$86,698+404.0%

$134,545+224.8%

Participation rate

90.0%

79.0%+11.0pp

76.6%+13.4pp

81.2%+8.8pp

Annual return

-15.39%

29.11%-44.5pp

35.96%-51.3pp

418.37%-433.8pp

Employer contribution / active EE

$7,642

$3,490+119.0%

$2,837+169.4%

$4,742+61.2%

Participant deferral / active EE

$7,300

$5,339+36.7%

$4,656+56.8%

$6,401+14.0%

Admin fee / account holder

$9,790

$10,926-10.4%

$7,492+30.7%

$11,431-14.4%

LYNX STUDIO TECHNOLOGY DEFERRED INCOME PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LYNX STUDIO TECHNOLOGY DEFERRED INCOME 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