Retirement plan

DESTINATION ENTERPRISES, INC. PROFIT SHARING 401K PLAN

Name: DESTINATION ENTERPRISES, INC. - DESTINATION ENTERPRISES, INC. PROFIT SHARING 401K PLAN (2021) 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 2021

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

Other plans on this EIN

1 filing

#002Retirement-$420K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2.4M

+32.4% from 2020

Total participants

+40.0% from 2020

Average account balance

$104,874

+15.1% from 2020

Annual return

11.72%

-59.73 pp from 2020

Benchmarks

See 16,661 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort16,661 peers

Snapshot2021

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$972

$39 / participant

Other / not subdivided$972100.0%

% of EOY assets

0.040%

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

$104,874

$78,672+33.3%

$109,163-3.9%

$85,856+22.2%

Participation rate

80.0%

68.3%+11.7pp

75.9%+4.1pp

69.3%+10.7pp

Annual return

11.72%

25.09%-13.4pp

25.75%-14.0pp

318.58%-306.9pp

Employer contribution / active EE

$7,244

$2,734+165.0%

$3,723+94.6%

$2,565+182.4%

Participant deferral / active EE

$7,656

$3,467+120.8%

$4,654+64.5%

$3,952+93.7%

Admin fee / account holder

$42

$5,470-99.2%

$6,754-99.4%

$6,261-99.3%

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