Retirement plan

PHOTOWEB 401(K) PLAN

Name: PHOTOWEB PURE DIGITAL PHOTOGRAPHY, INC. D/B/A PHOTOWEB - PHOTOWEB 401(K) PLAN (2024) Form 5500
Creator: PHOTOWEB PURE DIGITAL PHOTOGRAPHY, INC. D/B/A PHOTOWEB
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PHOTOWEB 401(K) PLAN, PHOTOWEB PURE DIGITAL PHOTOGRAPHY, INC. D/B/A PHOTOWEB

PHOTOWEB PURE DIGITAL PHOTOGRAPHY, INC. D/B/A PHOTOWEBEIN 59-3598775Plan #001PY 2024

503 NORTH MAIN ST. - PUEBLO, CO 81003719-598-4800

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$588K

+13.4% from 2023

Total participants

-4.2% from 2023

Average account balance

$26,743

+18.5% from 2023

Annual return

10.58%

-6.10 pp from 2023

Benchmarks

See 143,921 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,921 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$699K

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

181.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$38K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$571

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 codes2E2F2G2J2T3D

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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$24K

$2432 / participant

Other / not subdivided$24K100.0%

% of EOY assets

4.134%

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

$26,743

$159,978-83.3%

$147,041-81.8%

$145,978-81.7%

Participation rate

90.0%

84.0%+6.0pp

82.2%+7.8pp

80.3%+9.7pp

Annual return

10.58%

98.36%-87.8pp

419.21%-408.6pp

550.52%-539.9pp

Employer contribution / active EE

$5,288-100.0%

$4,935-100.0%

$4,662-100.0%

Participant deferral / active EE

$3,599

$8,429-57.3%

$8,071-55.4%

$6,690-46.2%

Admin fee / account holder

$1,106

$15,053-92.7%

$13,006-91.5%

$13,400-91.7%

PHOTOWEB 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PHOTOWEB 401(K) 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