Retirement plan

CLUBHOUSE 401(K) PLAN

Name: CLUBHOUSE SOFTWARE, INC. - CLUBHOUSE 401(K) PLAN (2018) Form 5500
Creator: CLUBHOUSE SOFTWARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLUBHOUSE 401(K) PLAN, CLUBHOUSE SOFTWARE, INC.

CLUBHOUSE SOFTWARE, INC.EIN 47-1599112Plan #001PY 2018

45 W 27TH STREET - NEW YORK, NY 10001215-499-7388

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$333K

+241.0% from 2017

Total participants

+115.4% from 2017

Average account balance

$13,335

+50.0% from 2017

Annual return

42.86%

+42.86 pp from 2017

Benchmarks

See 2,967 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort2,967 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.50M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

252.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$370K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+17.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8987

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 codes2E2J2F2G3D

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.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$5K

$182 / participant

Other / not subdivided$5K100.0%

% of EOY assets

1.533%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$13,335

$58,600-77.2%

$83,327-84.0%

$64,173-79.2%

Participation rate

89.3%

72.0%+17.2pp

77.8%+11.5pp

69.6%+19.7pp

Annual return

42.86%

9.66%+33.2pp

10.64%+32.2pp

7.63%+35.2pp

Employer contribution / active EE

$2,098-100.0%

$3,379-100.0%

$2,381-100.0%

Participant deferral / active EE

$7,068

$4,656+51.8%

$5,565+27.0%

$3,470+103.7%

Admin fee / account holder

$204

$9,282-97.8%

$7,540-97.3%

$4,887-95.8%

CLUBHOUSE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLUBHOUSE 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