Retirement plan

SXSW 401(K) PLAN

Name: SXSW LLC - SXSW 401(K) PLAN (2017) Form 5500
Creator: SXSW LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SXSW 401(K) PLAN, SXSW LLC

SXSW LLCEIN 46-1604402Plan #001PY 2017

400 BOWIE - AUSTIN, TX 78703512-467-7979sxsw.comLinkedIn201-500 employeesentertainment

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$16.7M

+23.0% from 2016

Total participants

243

+7.5% from 2016

Average account balance

$87,247

+21.7% from 2016

Annual return

17.06%

+8.67 pp from 2016

Benchmarks

See 584 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort584 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.06M

Not enough data

1 years with asset history on file

Average account balance

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

$127K

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.

182

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.

77.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$532

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
ATLASMARK FINANCIAL, INC2 years Service code 16 12466 LOS INDIOS TRAIL · AUSTIN, TX 78729	Consulting	$83,520
EMPLOYEE FIDUCIARY, LLC3+ years Filed as: EMPLOYEE INCENTIVE PLANS, INC. Service code 12 12466 LOS INDIOS TRAIL · AUSTIN, TX 78729	Contract Administrator; Recordkeeping...	$76,379
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Filed as: FIDELITY BROKERAGE SERVICES LLC Service code 12 200 SEAPORT BLVD. · BOSTON, MA 02210	Custodial (securities); Claims proces...	$9,493

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$173K

$866 / participant

Investment mgmt$84K48.2%
Contract admin$86K49.6%
Other / not subdivided$4K2.2%

% of EOY assets

1.040%

all-in expense ratio

Categories reported

2 / 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: PEGGY S. EDGE, CPA, LLC
Auditor EIN: 264527814
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$87,247

$63,156+38.1%

$122,354-28.7%

$62,293+40.1%

Participation rate

74.0%

60.0%+14.0pp

71.6%+2.4pp

69.5%+4.5pp

Annual return

17.06%

20.61%-3.6pp

30.28%-13.2pp

28.90%-11.8pp

Employer contribution / active EE

$3,809

$1,385+175.1%

$4,051-6.0%

$2,042+86.5%

Participant deferral / active EE

$4,806

$2,321+107.1%

$3,287+46.2%

$3,169+51.6%

Admin fee / account holder

$907

$440+106.2%

$5,479-83.4%

$479+89.2%

Provider

Service type

Compensation

ATLASMARK FINANCIAL, INC2 years

Service code 16

12466 LOS INDIOS TRAIL · AUSTIN, TX 78729

Consulting

$83,520

EMPLOYEE FIDUCIARY, LLC3+ years

Filed as: EMPLOYEE INCENTIVE PLANS, INC.

Service code 12

12466 LOS INDIOS TRAIL · AUSTIN, TX 78729

Contract Administrator; Recordkeeping...

$76,379

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Filed as: FIDELITY BROKERAGE SERVICES LLC

Service code 12

200 SEAPORT BLVD. · BOSTON, MA 02210

Custodial (securities); Claims proces...

$9,493

SXSW 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SXSW 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