Retirement plan

CENTERFIELD MEDIA HOLDING COMPANY 401(K) PROFIT SHARING PLAN

Name: CENTERFIELD MEDIA HOLDING COMPANY - CENTERFIELD MEDIA HOLDING COMPANY 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: CENTERFIELD MEDIA HOLDING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTERFIELD MEDIA HOLDING COMPANY 401(K) PROFIT SHARING PLAN, CENTERFIELD MEDIA HOLDING COMPANY

CENTERFIELD MEDIA HOLDING COMPANYEIN 47-4896563Plan #001PY 2024

12130 MILLENNIUM DRIVE SUITE 600 - LOS ANGELES, CA 90094310-331-8202LinkedIn11-50 employees

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$31.5M

+13.7% from 2023

Total participants

989

-4.5% from 2023

Average account balance

$45,960

+29.9% from 2023

Annual return

14.84%

-5.46 pp from 2023

Benchmarks

See 3,296 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,296 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$31.48M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

685

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.

54.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$256

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 3 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY4 years Filed as: MORGAN STANLEY Service code 27 1300 THAMES ST WHARF · BALTIMORE, MD 212319907	Advisory (Plan)	$73,474
AMERICAN FUNDS5 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 · EIN 20-3691658	Recordkeeping Fees	$64,360
ASCENSUS LLC5 years Filed as: FUTUREPLAN BY ASCENSUS Service code 13 · EIN 11-3665754	Contract Administrator	$33,094

Plan features & details

Pension benefit codes2F2G2J2K2T3D3H

Plan features

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.
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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$176K

$262 / participant

Contract admin$176K100.0%

% of EOY assets

0.558%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: JMK CPA PARTNERS, LLP
Auditor EIN: 332235340
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,960

$106,264-56.7%

$147,117-68.8%

$77,762-40.9%

Participation rate

54.6%

78.4%-23.8pp

82.2%-27.6pp

70.6%-16.0pp

Annual return

14.84%

56.94%-42.1pp

420.54%-405.7pp

31.27%-16.4pp

Employer contribution / active EE

$2,047

$4,074-49.8%

$4,932-58.5%

$2,728-25.0%

Participant deferral / active EE

$4,432

$8,003-44.6%

$8,065-45.0%

$4,651-4.7%

Admin fee / account holder

$256

$334-23.3%

$12,993-98.0%

$433-40.8%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY4 years

Filed as: MORGAN STANLEY

Service code 27

1300 THAMES ST WHARF · BALTIMORE, MD 212319907

Advisory (Plan)

$73,474

AMERICAN FUNDS5 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI

Service code 64 · EIN 20-3691658

Recordkeeping Fees

$64,360

ASCENSUS LLC5 years

Filed as: FUTUREPLAN BY ASCENSUS

Service code 13 · EIN 11-3665754

Contract Administrator

$33,094

CENTERFIELD MEDIA HOLDING COMPANY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTERFIELD MEDIA HOLDING COMPANY 401(K) PROFIT SHARING 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