Retirement plan

BOOMERANG DIGITAL LLC

Name: JULIAN WOOLDRIDGE OR DAVID SCHNEIDER - BOOMERANG DIGITAL LLC (2023) Form 5500
Creator: JULIAN WOOLDRIDGE OR DAVID SCHNEIDER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOOMERANG DIGITAL LLC, JULIAN WOOLDRIDGE OR DAVID SCHNEIDER

JULIAN WOOLDRIDGE OR DAVID SCHNEIDEREIN 47-4197917Plan #001PY 2023

216 MAPLE AVE - CARRBORO, NC 275102332

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$492K

+76.5% from 2022

Total participants

0.0% from 2022

Average account balance

$246,162

+76.5% from 2022

Annual return

34.97%

+58.26 pp from 2022

Benchmarks

See 9,635 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort9,635 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$112K

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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

$103K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$34K

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

+1.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$283335

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 codes2E3D2J

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.
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

$246,162

$110,248+123.3%

$95,728+157.1%

$139,456+76.5%

Participation rate

100.0%

75.7%+24.3pp

72.3%+27.7pp

80.3%+19.7pp

Annual return

34.97%

27.16%+7.8pp

28.40%+6.6pp

373.45%-338.5pp

Employer contribution / active EE

$57,875

$3,258+1676.2%

$2,835+1941.5%

$4,753+1117.7%

Participant deferral / active EE

$4,675-100.0%

$4,245-100.0%

$6,711-100.0%

Admin fee / account holder

$6,607-100.0%

$5,673-100.0%

$11,407-100.0%

BOOMERANG DIGITAL LLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

BOOMERANG DIGITAL LLC

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