Retirement plan

INSPIRE NATIONAL DANCE COMPETITION OWNER K 401(K) PROFIT SHARING PLAN

Name: INSPIRE NATIONAL DANCE COMPETITION - INSPIRE NATIONAL DANCE COMPETITION OWNER K 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: INSPIRE NATIONAL DANCE COMPETITION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INSPIRE NATIONAL DANCE COMPETITION OWNER K 401(K) PROFIT SHARING PLAN, INSPIRE NATIONAL DANCE COMPETITION

INSPIRE NATIONAL DANCE COMPETITIONEIN 47-1272702Plan #001PY 2023

194 BARRINGTON OAKS DRIVE - BRUNSWICK, GA 31523912-399-5584inspirendc.comLinkedIn1-10 employees

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$90K

+42.4% from 2022

Total participants

0.0% from 2022

Average account balance

$22,576

+42.4% from 2022

Annual return

18.18%

+37.20 pp from 2022

Benchmarks

See 9,751 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort9,751 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$108K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14K

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

+12.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3817

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

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,576

$156,963-85.6%

$121,204-81.4%

$139,466-83.8%

Participation rate

100.0%

76.5%+23.5pp

69.5%+30.5pp

80.3%+19.7pp

Annual return

18.18%

1476.75%-1458.6pp

987.18%-969.0pp

373.66%-355.5pp

Employer contribution / active EE

$750

$5,544-86.5%

$4,170-82.0%

$4,754-84.2%

Participant deferral / active EE

$6,925

$4,848+42.8%

$4,083+69.6%

$6,712+3.2%

Admin fee / account holder

$6,953-100.0%

$5,651-100.0%

$11,409-100.0%

INSPIRE NATIONAL DANCE COMPETITION OWNER K 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

INSPIRE NATIONAL DANCE COMPETITION OWNER K 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion