Retirement plan

GOOD KARMA BROADCASTING LLC EMPLOYEES SAVINGS TRUST

Name: GOOD KARMA BROADCASTING LLC - GOOD KARMA BROADCASTING LLC EMPLOYEES SAVINGS TRUST (2020) 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 2020

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

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$9M

+35.3% from 2019

Total participants

282

+4.1% from 2019

Average account balance

$34,846

+24.7% from 2019

Annual return

20.99%

-26.69 pp from 2019

Benchmarks

See 523 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort523 peers

Snapshot2020

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 INSURANCE4 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$50,150
ANNEX WEALTH MANAGEMENT LLC4 years Service code 27 12700 W BLUEMOUND RD STE 200 · ELM GROVE, WI 53122	Advisory (Plan)	$19,247
MAP RETIREMENT, INC.2 years Filed as: MAP RETIREMENT INC Service code 13	Contract Administrator	$7,698
MAP RETIREMENT, INC.2 years Filed as: MAP RETIREMENT, INC Service code 13 W6180 AEROTECH DR · APPLETON, WI 51914	Contract Administrator	$2,282

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

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$69K

$268 / participant

Investment mgmt$69K100.0%

% of EOY assets

0.769%

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

$34,846

$78,781-55.8%

$100,535-65.3%

$73,412-52.5%

Participation rate

90.3%

80.0%+10.2pp

79.4%+10.9pp

72.2%+18.1pp

Annual return

20.99%

31.69%-10.7pp

30.90%-9.9pp

59.30%-38.3pp

Employer contribution / active EE

$2,420-100.0%

$3,419-100.0%

$2,234-100.0%

Participant deferral / active EE

$4,229

$6,537-35.3%

$6,271-32.6%

$3,806+11.1%

Admin fee / account holder

$268

$145+84.3%

$8,085-96.7%

$158+69.6%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$50,150

ANNEX WEALTH MANAGEMENT LLC4 years

Service code 27

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

Advisory (Plan)

$19,247

MAP RETIREMENT, INC.2 years

Filed as: MAP RETIREMENT INC

Service code 13

Contract Administrator

$7,698

MAP RETIREMENT, INC.2 years

Filed as: MAP RETIREMENT, INC

Service code 13

W6180 AEROTECH DR · APPLETON, WI 51914

Contract Administrator

$2,282

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