Retirement plan

SATELLITE BROADCASTING AND COMMUNICATIONS ASSOC. OF AM., INC. 401(K) PROFIT SHARING PLAN

Name: SATELLITE BROADCASTING AND COMMUNIC - SATELLITE BROADCASTING AND COMMUNICATIONS ASSOC. OF AM., INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: SATELLITE BROADCASTING AND COMMUNIC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SATELLITE BROADCASTING AND COMMUNICATIONS ASSOC. OF AM., INC. 401(K) PROFIT SHARING PLAN, SATELLITE BROADCASTING AND COMMUNIC

SATELLITE BROADCASTING AND COMMUNICEIN 52-1221798Plan #002PY 2016

1100 17TH STREET, NW, SUITE 1150 - WASHINGTON, DC 20036202-349-3620

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$705K

+11.2% from 2015

Total participants

+11.1% from 2015

Average account balance

$78,279

+11.2% from 2015

Annual return

8.13%

+9.73 pp from 2015

Benchmarks

See 7,787 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort7,787 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.24M

Not enough data

1 years with asset history on file

Average account balance

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

$249K

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.

250.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$57K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$29K

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

+16.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4514

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 codes2G2E2J2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$69K

$8666 / participant

Other / not subdivided$69K100.0%

% of EOY assets

9.841%

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

$78,279

$96,558-18.9%

$80,977-3.3%

$273,972-71.4%

Participation rate

87.5%

79.1%+8.4pp

75.8%+11.7pp

83.0%+4.5pp

Annual return

8.13%

15.14%-7.0pp

17.11%-9.0pp

41.46%-33.3pp

Employer contribution / active EE

$3,366

$4,869-30.9%

$3,715-9.4%

$4,869-30.9%

Participant deferral / active EE

$7,760

$6,598+17.6%

$5,696+36.2%

$5,287+46.8%

Admin fee / account holder

$7,703

$7,493+2.8%

$5,517+39.6%

$10,133-24.0%

SATELLITE BROADCASTING AND COMMUNICATIONS ASSOC. OF AM., INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SATELLITE BROADCASTING AND COMMUNICATIONS ASSOC. OF AM., INC. 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