Retirement plan

DESTINATION ENTERPRISES, INC. PROFIT SHARING 401K PLAN

Name: DESTINATION ENTERPRISES, INC. - DESTINATION ENTERPRISES, INC. PROFIT SHARING 401K PLAN (2017) Form 5500
Creator: DESTINATION ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DESTINATION ENTERPRISES, INC. PROFIT SHARING 401K PLAN, DESTINATION ENTERPRISES, INC.

DESTINATION ENTERPRISES, INC.EIN 71-0976070Plan #001PY 2017

11940 HAMMACK ST - CULVER CITY, CA 90230310-600-5644LinkedIn11-50 employeesconstruction

Other plans on this EIN

1 filing

#002Retirement-$50K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$196K

+95.7% from 2016

Total participants

+66.7% from 2016

Average account balance

$39,136

+56.5% from 2016

Annual return

26.01%

+26.01 pp from 2016

Benchmarks

See 37,231 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort37,231 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.49M

Not enough data

1 years with asset history on file

Average account balance

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

$145K

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.

104.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$493K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+10.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18689

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 codes2E2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

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

$64K

$12820 / participant

Other / not subdivided$64K100.0%

% of EOY assets

32.758%

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

$39,136

$106,003-63.1%

$92,236-57.6%

$147,585-73.5%

Participation rate

100.0%

80.4%+19.6pp

76.5%+23.5pp

82.8%+17.2pp

Annual return

26.01%

50.05%-24.0pp

176.29%-150.3pp

578.57%-552.6pp

Employer contribution / active EE

$8,812

$4,333+103.4%

$3,679+139.5%

$4,876+80.7%

Participant deferral / active EE

$17,941

$4,478+300.6%

$3,897+360.4%

$5,439+229.9%

Admin fee / account holder

$12,820

$6,333+102.4%

$5,194+146.8%

$10,885+17.8%

DESTINATION ENTERPRISES, INC. PROFIT SHARING 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DESTINATION ENTERPRISES, INC. PROFIT SHARING 401K 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