Retirement plan

PAC-12 ENTERPRISES, LLC GENERATION PLAN

Name: PAC-12 ENTERPRISES, LLC - PAC-12 ENTERPRISES, LLC GENERATION PLAN (2018) Form 5500
Creator: PAC-12 ENTERPRISES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PAC-12 ENTERPRISES, LLC GENERATION PLAN, PAC-12 ENTERPRISES, LLC

PAC-12 ENTERPRISES, LLCEIN 45-3181539Plan #002PY 2018

360 3RD STREET, 3RD FLOOR - SAN FRANCISCO, CA 941071250415-580-4325pac12networks.comLinkedIn11-50 employeesmedia production

Other plans on this EIN

1 filing

#001Retirement-$2.3M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11.3M

-2.2% from 2017

Total participants

218

-1.8% from 2017

Average account balance

$53,346

-3.1% from 2017

Annual return

-6.29%

-28.90 pp from 2017

Benchmarks

See 865 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort865 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.92M

Not enough data

1 years with asset history on file

Average account balance

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

$126K

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.

150

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.

86.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.54M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$102K

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

+14.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$448

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
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290	Contract Administrator	$65,284
HIGHTOWER ADVISORS LLC2 years Filed as: HIGHTOWER ADVISORS, LLC Service code 27 · EIN 36-4500709	Advisory (Plan)	$34,916
THE BENEFIT PRACTICE1 year Service code 49 · EIN 13-4144565	Other Services	$5,906

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

$65K

$424 / participant

Contract admin$65K100.0%

% of EOY assets

0.577%

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: LINDQUIST LLP
Auditor EIN: 522385296
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,346

$61,214-12.9%

$83,327-36.0%

$56,289-5.2%

Participation rate

96.1%

72.6%+23.5pp

77.8%+18.3pp

69.9%+26.3pp

Annual return

-6.29%

0.42%-6.7pp

10.64%-16.9pp

-9.96%+3.7pp

Employer contribution / active EE

$4,002

$1,925+107.9%

$3,379+18.4%

$2,111+89.6%

Participant deferral / active EE

$8,643

$5,091+69.8%

$5,565+55.3%

$3,350+158.0%

Admin fee / account holder

$308

$512-39.8%

$7,540-95.9%

$521-40.9%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY4+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$65,284

HIGHTOWER ADVISORS LLC2 years

Filed as: HIGHTOWER ADVISORS, LLC

Service code 27 · EIN 36-4500709

Advisory (Plan)

$34,916

THE BENEFIT PRACTICE1 year

Service code 49 · EIN 13-4144565

Other Services

$5,906

PAC-12 ENTERPRISES, LLC GENERATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PAC-12 ENTERPRISES, LLC GENERATION 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