Retirement plan

GESKUS PHOTOGRAPHY 401(K) PLAN

Name: GESKUS PHOTOGRAPHY - GESKUS PHOTOGRAPHY 401(K) PLAN (2018) Form 5500
Creator: GESKUS PHOTOGRAPHY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GESKUS PHOTOGRAPHY 401(K) PLAN, GESKUS PHOTOGRAPHY

GESKUS PHOTOGRAPHYEIN 38-2376532Plan #002PY 2018

0-11310 1ST AVENUE - GRAND RAPIDS, MI 49534616-453-4170geskusphoto.comLinkedIn201-500 employeesphotography

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.6M

-5.2% from 2017

Total participants

+6.7% from 2017

Average account balance

$65,090

-19.4% from 2017

Annual return

-6.65%

-23.85 pp from 2017

Benchmarks

See 25,535 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,535 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.51M

Not enough data

1 years with asset history on file

Average account balance

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

$84K

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.

102.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$282K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+16.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$938

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 codes2E2F2G2J3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$146K

$3936 / participant

Other / not subdivided$146K100.0%

% of EOY assets

5.593%

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

$65,090

$77,817-16.4%

$123,553-47.3%

$64,173+1.4%

Participation rate

78.4%

74.7%+3.7pp

82.3%-3.9pp

69.6%+8.8pp

Annual return

-6.65%

12.49%-19.1pp

119.21%-125.9pp

7.63%-14.3pp

Employer contribution / active EE

$870

$3,014-71.1%

$4,628-81.2%

$2,381-63.5%

Participant deferral / active EE

$3,315

$5,240-36.7%

$6,426-48.4%

$3,470-4.5%

Admin fee / account holder

$3,641

$5,519-34.0%

$9,284-60.8%

$4,887-25.5%

GESKUS PHOTOGRAPHY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GESKUS PHOTOGRAPHY 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