Retirement plan

GEORGIA ASSOCIATION OF BROADCA 401 K PROFIT SHARING PLAN TRUST

Name: GEORGIA ASSOCIATION OF BROADCA - GEORGIA ASSOCIATION OF BROADCA 401 K PROFIT SHARING PLAN TRUST (2018) Form 5500
Creator: GEORGIA ASSOCIATION OF BROADCA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GEORGIA ASSOCIATION OF BROADCA 401 K PROFIT SHARING PLAN TRUST, GEORGIA ASSOCIATION OF BROADCA

GEORGIA ASSOCIATION OF BROADCAEIN 58-0863432Plan #001PY 2018

6 W DRUID HILLS DR NE STE 330 - ATLANTA, GA 303292150770-395-7200gab.orgLinkedIn1-10 employeesbroadcast media

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$113K

+37.7% from 2017

Total participants

+33.3% from 2017

Average account balance

$18,797

+14.7% from 2017

Annual return

-16.21%

-38.62 pp from 2017

Benchmarks

See 8,369 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort8,369 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$405K

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

160.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$50K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+8.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$57831

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 codes2G3D2F2T2E2J

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.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$18,797

$97,020-80.6%

$83,322-77.4%

$135,379-86.1%

Participation rate

50.0%

80.4%-30.4pp

77.8%-27.8pp

82.6%-32.6pp

Annual return

-16.21%

12.31%-28.5pp

10.64%-26.8pp

519.79%-536.0pp

Employer contribution / active EE

$2,798

$4,144-32.5%

$3,379-17.2%

$4,779-41.4%

Participant deferral / active EE

$8,241

$5,964+38.2%

$5,565+48.1%

$5,609+46.9%

Admin fee / account holder

$8,426-100.0%

$7,540-100.0%

$10,828-100.0%

GEORGIA ASSOCIATION OF BROADCA 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

GEORGIA ASSOCIATION OF BROADCA 401 K PROFIT SHARING PLAN TRUST

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