Retirement plan

STX FINANCING, LLC. 401(K) PLAN

Name: STX FINANCING, LLC. - STX FINANCING, LLC. 401(K) PLAN (2019) Form 5500
Creator: STX FINANCING, LLC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STX FINANCING, LLC. 401(K) PLAN, STX FINANCING, LLC.

STX FINANCING, LLC.EIN 46-4870143Plan #001PY 2019

3900 WEST ALAMEDA AVE., FLOOR 32ND - BURBANK, CA 91505310-742-2300LinkedIn51-200 employeesmotion pictures and film

Prospect flagsLow participationRecently reached 100 employeesFailed to transmit contributions

How to read this page

Total assets (EOY)

$4.6M

+55.4% from 2018

Total participants

153

-5.0% from 2018

Average account balance

$45,141

+40.3% from 2018

Annual return

31.63%

+22.85 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

$5.52M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

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.

280.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$564K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+13.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22627

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

0 years with F_SCH_H allocation on file

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS LLC PCG Service code 22 · EIN 34-1542819 2829 TOWNSGATE ROAD, SUITE 200 · WESTLAKE VILLAGE, CA 91361	Insurance Broker	$11,898
TRUOG-RYDING COMPANY, INC.1 year Service code 14 · EIN 95-3497679 2659 TOWNSGATE ROAD, SUITE 101 · WESTLAKE VILLAGE, CA 91361	Plan Administrator	$1,374
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 1295 STATE STREET · SPRINGFIELD, MA 01111	Recordkeeping	$984
IVAN ILLAN1 year Service code 27 · EIN 04-1590850 1888 CENTURY PARK E. SUITE 150 · LOS ANGELES, CA 900671760	Advisory (Plan)	$0
PLAN ADMINISTRATION AND DESIGN, INC1 year Filed as: PLAN ADMINISTRATION & DESIGN, INC. Service code 14 · EIN 95-3718031 16501 VENTURA BLVD, #408 · ENCINO, CA 91436	Plan Administrator	$0
VAN IWAARDEN ASSOCIATES1 year Filed as: VAN HESS Service code 27 · EIN 04-1590850 1888 CENTURY PARK E., SUITE 150 · LOS ANGELES, CA 900671760	Advisory (Plan)	$0

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$2K

$20 / participant

Investment mgmt$1K43.8%
Contract admin$1K56.2%

% of EOY assets

0.051%

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: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,141

$58,655-23.0%

$91,994-50.9%

$65,185-30.7%

Participation rate

57.3%

75.3%-18.0pp

78.6%-21.4pp

70.2%-12.9pp

Annual return

31.63%

33.92%-2.3pp

69.04%-37.4pp

29.38%+2.2pp

Employer contribution / active EE

$2,080-100.0%

$3,453-100.0%

$2,177-100.0%

Participant deferral / active EE

$8,495

$5,474+55.2%

$5,924+43.4%

$3,514+141.8%

Admin fee / account holder

$23

$434-94.7%

$7,744-99.7%

$847-97.3%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO ADVISORS LLC PCG

Service code 22 · EIN 34-1542819

2829 TOWNSGATE ROAD, SUITE 200 · WESTLAKE VILLAGE, CA 91361

Insurance Broker

$11,898

TRUOG-RYDING COMPANY, INC.1 year

Service code 14 · EIN 95-3497679

2659 TOWNSGATE ROAD, SUITE 101 · WESTLAKE VILLAGE, CA 91361

Plan Administrator

$1,374

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 15 · EIN 04-1590850

1295 STATE STREET · SPRINGFIELD, MA 01111

Recordkeeping

$984

IVAN ILLAN1 year

Service code 27 · EIN 04-1590850

1888 CENTURY PARK E. SUITE 150 · LOS ANGELES, CA 900671760

Advisory (Plan)

PLAN ADMINISTRATION AND DESIGN, INC1 year

Filed as: PLAN ADMINISTRATION & DESIGN, INC.

Service code 14 · EIN 95-3718031

16501 VENTURA BLVD, #408 · ENCINO, CA 91436

Plan Administrator

VAN IWAARDEN ASSOCIATES1 year

Filed as: VAN HESS

Service code 27 · EIN 04-1590850

1888 CENTURY PARK E., SUITE 150 · LOS ANGELES, CA 900671760

Advisory (Plan)

STX FINANCING, LLC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STX FINANCING, 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