Retirement plan

SEACHANGE PRINTING & MARKETING SERVICES, LLC 401(K) PLAN

Name: SEACHANGE PRINTING & MARKETING SERVICES, LLC - SEACHANGE PRINTING & MARKETING SERVICES, LLC 401(K) PLAN (2024) Form 5500
Creator: SEACHANGE PRINTING & MARKETING SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEACHANGE PRINTING & MARKETING SERVICES, LLC 401(K) PLAN, SEACHANGE PRINTING & MARKETING SERVICES, LLC

SEACHANGE PRINTING & MARKETING SERVICES, LLCEIN 46-2885869Plan #001PY 2024

14505 27TH AVE N - PLYMOUTH, TX 55447800-355-6780

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$9.6M

+13.7% from 2023

Total participants

226

+39.5% from 2023

Average account balance

$54,096

+4.1% from 2023

Annual return

18.40%

+0.81 pp from 2023

Benchmarks

See 1,016 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort1,016 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.58M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

177

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.

74.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+18.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$211

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 2 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY4 years Filed as: JOHN MOYNIHAN Service code 26 · EIN 43-1575390	Advisory (Participants)	$26,461
PISTL SERVICE CORPORATION4 years Service code 14 · EIN 43-1565836	Plan Administrator	$10,901

Plan features & details

Pension benefit codes2E2I2K2F2G3D2T

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.
2I
Stock bonus
Stock bonus plan.
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.
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.

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$37K

$195 / participant

Recordkeeping$3K7.1%
Investment mgmt$26K70.8%
Other / not subdivided$8K22.1%

% of EOY assets

0.390%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CONNER ASH P C.
Auditor EIN: 431012822
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,096

$78,976-31.5%

$100,383-46.1%

$74,546-27.4%

Participation rate

74.5%

79.5%-5.0pp

81.5%-7.0pp

67.2%+7.3pp

Annual return

18.40%

20.62%-2.2pp

49.26%-30.9pp

1366.03%-1347.6pp

Employer contribution / active EE

$518

$3,019-82.8%

$3,944-86.9%

$2,624-80.3%

Participant deferral / active EE

$4,759

$7,758-38.6%

$8,086-41.1%

$4,347+9.5%

Admin fee / account holder

$211

$1,330-84.1%

$7,900-97.3%

$1,944-89.1%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY4 years

Filed as: JOHN MOYNIHAN

Service code 26 · EIN 43-1575390

Advisory (Participants)

$26,461

PISTL SERVICE CORPORATION4 years

Service code 14 · EIN 43-1565836

Plan Administrator

$10,901

SEACHANGE PRINTING & MARKETING SERVICES, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SEACHANGE PRINTING & MARKETING SERVICES, LLC 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