Retirement plan

JELLYSMACK 401(K) PLAN

Name: KELLI NETWORK, INC. DBA JELLYSMACK - JELLYSMACK 401(K) PLAN (2024) Form 5500
Creator: KELLI NETWORK, INC. DBA JELLYSMACK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JELLYSMACK 401(K) PLAN, KELLI NETWORK, INC. DBA JELLYSMACK

KELLI NETWORK, INC. DBA JELLYSMACKEIN 35-2553158Plan #001PY 2024

1261 BROADWAY FL 6 - NEW YORK, NY 100013537310-739-7016

Prospect flagsWind-down / frozen

How to read this page

Total assets (EOY)

$2.7M

-32.3% from 2023

Total participants

-41.8% from 2023

Average account balance

$40,429

+12.6% from 2023

Annual return

13.51%

-12.95 pp from 2023

Benchmarks

See 12,276 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort12,276 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.75M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$759K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$63K

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

+13.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$64

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 1 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290	Contract Administrator	$4,332

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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

InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$4K

$361 / participant

Contract admin$4K100.0%

% of EOY assets

0.158%

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: SENSIBA, LLP
Auditor EIN: 942370906
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,429

$108,911-62.9%

$100,392-59.7%

$145,884-72.3%

Participation rate

75.0%

83.0%-8.0pp

81.5%-6.5pp

80.3%-5.3pp

Annual return

13.51%

58.23%-44.7pp

49.45%-35.9pp

551.85%-538.3pp

Employer contribution / active EE

$19,388

$4,420+338.6%

$3,941+391.9%

$4,662+315.8%

Participant deferral / active EE

$43,860

$8,459+418.5%

$8,090+442.2%

$6,690+555.6%

Admin fee / account holder

$64

$9,698-99.3%

$7,904-99.2%

$13,392-99.5%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY3+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$4,332

JELLYSMACK 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JELLYSMACK 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