Retirement plan

MONKEYBRAINS 401(K) PLAN

Name: MONKEYBRAINS - MONKEYBRAINS 401(K) PLAN (2019) Form 5500
Creator: MONKEYBRAINS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MONKEYBRAINS 401(K) PLAN, MONKEYBRAINS

MONKEYBRAINSEIN 35-2274195Plan #001PY 2019

286 12TH ST - SAN FRANCISCO, CA 94103415-974-1313

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$971K

+54.1% from 2018

Total participants

+37.3% from 2018

Average account balance

$18,314

+13.4% from 2018

Annual return

21.59%

+30.19 pp from 2018

Benchmarks

See 3,018 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort3,018 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.32M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

145.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$352K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2582

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 codes2E3D2G2J2F2T

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

1 tripped

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

$59K

$919 / participant

Other / not subdivided$59K100.0%

% of EOY assets

6.062%

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

$18,314

$63,355-71.1%

$91,994-80.1%

$72,983-74.9%

Participation rate

73.4%

72.5%+0.9pp

78.6%-5.2pp

69.5%+4.0pp

Annual return

21.59%

35.35%-13.8pp

69.03%-47.4pp

81.01%-59.4pp

Employer contribution / active EE

$1,827

$2,116-13.7%

$3,452-47.1%

$2,440-25.1%

Participant deferral / active EE

$2,237

$4,883-54.2%

$5,923-62.2%

$3,608-38.0%

Admin fee / account holder

$1,110

$4,668-76.2%

$7,743-85.7%

$5,124-78.3%

MONKEYBRAINS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MONKEYBRAINS 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