Retirement plan

CORPORATE LIGHTING AND AUDIO 401K PLAN

Name: CORPORATE LIGHTING AND AUDIO VISUAL INC - CORPORATE LIGHTING AND AUDIO 401K PLAN (2024) Form 5500
Creator: CORPORATE LIGHTING AND AUDIO VISUAL INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORPORATE LIGHTING AND AUDIO 401K PLAN, CORPORATE LIGHTING AND AUDIO VISUAL INC

CORPORATE LIGHTING AND AUDIO VISUAL INCEIN 72-1296993Plan #001PY 2024

5207 RIVER ROAD - ELMWOOD, LA 70123504-837-3947corplighting.comLinkedIn11-50 employeesentertainment

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$217K

+265.3% from 2023

Total participants

+36.4% from 2023

Average account balance

$9,448

+42.9% from 2023

Annual return

21.63%

+21.63 pp from 2023

Benchmarks

See 14,164 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,164 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$374K

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

108.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$116K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+22.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$391

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 codes2E2J2F2G3D2T

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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$6K

$231 / participant

Other / not subdivided$6K100.0%

% of EOY assets

2.972%

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

$9,448

$86,938-89.1%

$102,423-90.8%

$80,925-88.3%

Participation rate

75.0%

72.4%+2.6pp

76.5%-1.5pp

67.7%+7.3pp

Annual return

21.63%

18.89%+2.7pp

29.42%-7.8pp

35.65%-14.0pp

Employer contribution / active EE

$2,908

$2,369+22.7%

$3,023-3.8%

$2,756+5.5%

Participant deferral / active EE

$2,478

$4,120-39.9%

$5,054-51.0%

$4,299-42.4%

Admin fee / account holder

$281

$8,053-96.5%

$9,455-97.0%

$6,940-96.0%

CORPORATE LIGHTING AND AUDIO 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CORPORATE LIGHTING AND AUDIO 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