Retirement plan

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

Name: SATELLITE BROADCASTING AND COMM. ASSOC. OF AMERICA, INC. - SATELLITE BROADCASTING AND COMMUNICATIONS ASSOC. OF AM., INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: SATELLITE BROADCASTING AND COMM. ASSOC. OF AMERICA, INC.
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 COMM. ASSOC. OF AMERICA, INC.

SATELLITE BROADCASTING AND COMM. ASSOC. OF AMERICA, INC.EIN 52-1221798Plan #002PY 2019

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$875K

+29.6% from 2018

Total participants

0.0% from 2018

Average account balance

$124,933

+29.6% from 2018

Annual return

21.02%

+27.54 pp from 2018

Benchmarks

See 8,830 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort8,830 peers

Snapshot2019

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

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

$124,933

$107,941+15.7%

$91,994+35.8%

$152,909-18.3%

Participation rate

100.0%

81.2%+18.8pp

78.6%+21.4pp

82.5%+17.5pp

Annual return

21.02%

89.28%-68.3pp

69.04%-48.0pp

345.46%-324.4pp

Employer contribution / active EE

$8,444

$4,212+100.5%

$3,453+144.6%

$4,764+77.3%

Participant deferral / active EE

$20,550

$6,366+222.8%

$5,924+246.9%

$5,851+251.2%

Admin fee / account holder

$10,521-100.0%

$7,744-100.0%

$11,601-100.0%

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

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

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion