Retirement plan

BLUE CHIP MARKETING WORLDWIDE 401(K) PLAN

Name: BLUE CHIP MARKETING WORLDWIDE - BLUE CHIP MARKETING WORLDWIDE 401(K) PLAN (2024) Form 5500
Creator: BLUE CHIP MARKETING WORLDWIDE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLUE CHIP MARKETING WORLDWIDE 401(K) PLAN, BLUE CHIP MARKETING WORLDWIDE

BLUE CHIP MARKETING WORLDWIDEEIN 36-4261521Plan #001PY 2024

C/O CARNOW AND ASSOC., LTD., 2201 WAUKEGAN ROAD, SUITE 150 - BANNOCKBURN, IL 60015847-501-4622

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$19M

-1.0% from 2023

Total participants

240

-24.5% from 2023

Average account balance

$86,200

+24.1% from 2023

Annual return

14.89%

-4.77 pp from 2023

Benchmarks

See 28,860 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,860 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.96M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

220

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.

77.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$389

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 3 by compensation

Provider	Service type	Compensation
CARNOW AND ASSOCIATES, LTD.4 years Filed as: CARNOW AND ASSOCIATES, LTD Service code 49	Other Services	$9,240
AMERIPRISE FINANCIAL SERVICES INC6 years Filed as: AMERIPRISE FINANCIAL SERVICES Service code 55 50082 AMERIPRISE FINANCIAL CTR · MINNEAPOLIS, MN 55474	Other Commissions	$2,766
CARNOW AND ASSOCIATES, LTD.6 years Service code 49 · EIN 36-3493622 2201 WAUKEGAN ROAD, SUITE 150 · BANNOCKURN, IL 60015	Other Services	$0

Plan features & details

Pension benefit codes2F2G2J2K3D

Plan features

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.
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

$86K

$950 / participant

Other / not subdivided$86K100.0%

% of EOY assets

0.451%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PLANTE MORAN
Auditor EIN: 331498605
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,200

$102,385-15.8%

$147,080-41.4%

$80,935+6.5%

Participation rate

77.8%

75.9%+1.9pp

82.2%-4.4pp

67.7%+10.1pp

Annual return

14.89%

135.09%-120.2pp

420.17%-405.3pp

35.66%-20.8pp

Employer contribution / active EE

$1,743

$3,717-53.1%

$4,933-64.7%

$2,757-36.8%

Participant deferral / active EE

$9,439

$6,651+41.9%

$8,066+17.0%

$4,299+119.5%

Admin fee / account holder

$389

$7,951-95.1%

$12,989-97.0%

$6,924-94.4%

Provider

Service type

Compensation

CARNOW AND ASSOCIATES, LTD.4 years

Filed as: CARNOW AND ASSOCIATES, LTD

Service code 49

Other Services

$9,240

AMERIPRISE FINANCIAL SERVICES INC6 years

Filed as: AMERIPRISE FINANCIAL SERVICES

Service code 55

50082 AMERIPRISE FINANCIAL CTR · MINNEAPOLIS, MN 55474

Other Commissions

$2,766

CARNOW AND ASSOCIATES, LTD.6 years

Service code 49 · EIN 36-3493622

2201 WAUKEGAN ROAD, SUITE 150 · BANNOCKURN, IL 60015

Other Services

BLUE CHIP MARKETING WORLDWIDE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLUE CHIP MARKETING WORLDWIDE 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