Retirement plan

HIT PARK, INC. 401(K) PLAN

Name: HIT PARK, INC. - HIT PARK, INC. 401(K) PLAN (2022) Form 5500
Creator: HIT PARK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HIT PARK, INC. 401(K) PLAN, HIT PARK, INC.

HIT PARK, INC.EIN 80-0298594Plan #002PY 2022

2720 MONTEREY ST STE 404 - TORRANCE, CA 905037231310-214-6800LinkedIn1-10 employeescomputer software

Other plans on this EIN

1 filing

#001Retirement-$1.3M assets

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$622K

-12.6% from 2021

Total participants

0.0% from 2021

Average account balance

$311,055

-12.6% from 2021

Annual return

-21.10%

-34.49 pp from 2021

Benchmarks

See 23,471 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,471 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.18M

Not enough data

1 years with asset history on file

Average account balance

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

$591K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$63K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$32K

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

+17.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2J

Plan features

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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$311,055

$142,361+118.5%

$119,608+160.1%

$134,509+131.3%

Participation rate

100.0%

82.8%+17.2pp

79.3%+20.7pp

81.2%+18.8pp

Annual return

-21.10%

-12.46%-8.6pp

-14.98%-6.1pp

418.13%-439.2pp

Employer contribution / active EE

$9,873

$5,224+89.0%

$4,232+133.3%

$4,741+108.3%

Participant deferral / active EE

$20,500

$6,468+216.9%

$5,601+266.0%

$6,400+220.3%

Admin fee / account holder

$13,588-100.0%

$10,326-100.0%

$11,427-100.0%

HIT PARK, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

HIT PARK, INC. 401(K) PLAN

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