Retirement plan

GOOD KARMA BROADCASTING LLC EMPLOYEES SAVINGS TRUST

Name: GOOD KARMA BROADCASTING LLC - GOOD KARMA BROADCASTING LLC EMPLOYEES SAVINGS TRUST (2019) Form 5500
Creator: GOOD KARMA BROADCASTING LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOOD KARMA BROADCASTING LLC EMPLOYEES SAVINGS TRUST, GOOD KARMA BROADCASTING LLC

GOOD KARMA BROADCASTING LLCEIN 39-1912697Plan #001PY 2019

310 WEST WISCONSIN AVE., SUITE 100 - MILWAUKEE, WI 53203920-885-4442LinkedIn1-10 employeeshospital & health care

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$6.6M

+81.4% from 2018

Total participants

271

+22.1% from 2018

Average account balance

$27,937

+23.2% from 2018

Annual return

47.68%

+47.31 pp from 2018

Benchmarks

See 905 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort905 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.98M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

548

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.

96.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.18M

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

+15.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$217

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$24,665
ANNEX WEALTH MANAGEMENT LLC3 years Service code 27 12700 W BLUEMOUND RD STE 200 · ELM GROVE, WI 53122	Advisory (Plan)	$12,528
MAP RETIREMENT, INC.1 year Filed as: MAP RETIREMENT INC Service code 13	Contract Administrator	$5,011
MAP RETIREMENT, INC.1 year Filed as: MAP RETIREMENT, INC Service code 13 W6180 AEROTECH DR · APPLETON, WI 51914	Contract Administrator	$450

Plan features & details

Pension benefit codes2E2F2G2J2K3B3D3H

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.
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.
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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$37K

$149 / participant

Investment mgmt$37K100.0%

% of EOY assets

0.557%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: VRAKAS S.C.
Auditor EIN: 391453055
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,937

$58,655-52.4%

$91,994-69.6%

$65,186-57.1%

Participation rate

86.3%

75.3%+11.0pp

78.6%+7.7pp

70.2%+16.1pp

Annual return

47.68%

33.92%+13.8pp

69.04%-21.4pp

29.39%+18.3pp

Employer contribution / active EE

$1,536

$2,080-26.2%

$3,453-55.5%

$2,177-29.5%

Participant deferral / active EE

$3,645

$5,474-33.4%

$5,924-38.5%

$3,514+3.7%

Admin fee / account holder

$156

$434-64.2%

$7,744-98.0%

$847-81.6%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$24,665

ANNEX WEALTH MANAGEMENT LLC3 years

Service code 27

12700 W BLUEMOUND RD STE 200 · ELM GROVE, WI 53122

Advisory (Plan)

$12,528

MAP RETIREMENT, INC.1 year

Filed as: MAP RETIREMENT INC

Service code 13

Contract Administrator

$5,011

MAP RETIREMENT, INC.1 year

Filed as: MAP RETIREMENT, INC

Service code 13

W6180 AEROTECH DR · APPLETON, WI 51914

Contract Administrator

$450

GOOD KARMA BROADCASTING LLC EMPLOYEES SAVINGS TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOOD KARMA BROADCASTING LLC EMPLOYEES SAVINGS TRUST

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