Retirement plan

DISCOUNT DANCE, LLC 401(K) PLAN

Name: DISCOUNT DANCE, LLC. - DISCOUNT DANCE, LLC 401(K) PLAN (2020) Form 5500
Creator: DISCOUNT DANCE, LLC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DISCOUNT DANCE, LLC 401(K) PLAN, DISCOUNT DANCE, LLC.

DISCOUNT DANCE, LLC.EIN 80-0952899Plan #001PY 2020

425 PARK WEST DRIVE - GROVETOWN, GA 30813706-860-4633

Prospect flagsLow returnsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$4.5M

+4.5% from 2019

Total participants

153

-27.1% from 2019

Average account balance

$55,000

+36.4% from 2019

Annual return

11.66%

-11.29 pp from 2019

Benchmarks

See 2,270 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,270 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.42M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

78.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$332K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+15.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2810

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

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Service providers

Top 10 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Service code 49 · EIN 04-1590850	Other Services	$19,520
AMERICAN REALTY ADVISORS3 years Filed as: AMERICAN BEACON Service code 52 · EIN 75-2401150	Indirect Investment Fees	$0
AMERICAN FUNDS3 years Service code 52 · EIN 95-2482877	Indirect Investment Fees	$0
EATON VANCE3 years Service code 52 · EIN 13-2706484	Indirect Investment Fees	$0
INVESCO2 years Service code 52 · EIN 13-3867060	Indirect Investment Fees	$0
JANUS HENDERSON3 years Service code 52 · EIN 84-0592523	Indirect Investment Fees	$0
PIONEER3 years Service code 52 · EIN 04-2652279	Indirect Investment Fees	$0
T ROWE PRICE RPS INC3 years Filed as: T. ROWE PRICE Service code 52 · EIN 52-1151266	Indirect Investment Fees	$0
THE VANGUARD GROUP, INC.3 years Filed as: VANGUARD Service code 52 · EIN 51-0082711	Indirect Investment Fees	$0
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO Service code 52 · EIN 41-0449260	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D3H2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$20K

$155 / participant

Investment mgmt$17K86.6%
Contract admin$3K13.4%

% of EOY assets

0.433%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SEROTTA MADDOCKS EVANS & CO CPAS
Auditor EIN: 581107697
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,000

$81,494-32.5%

$133,978-58.9%

$73,497-25.2%

Participation rate

43.7%

76.4%-32.7pp

79.8%-36.2pp

70.7%-27.0pp

Annual return

11.66%

19.40%-7.7pp

45.10%-33.4pp

28.51%-16.9pp

Employer contribution / active EE

$289

$2,210-86.9%

$3,919-92.6%

$2,270-87.3%

Participant deferral / active EE

$1,319

$3,787-65.2%

$5,047-73.9%

$3,740-64.7%

Admin fee / account holder

$238

$713-66.6%

$8,930-97.3%

$513-53.6%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Service code 49 · EIN 04-1590850

Other Services

$19,520

AMERICAN REALTY ADVISORS3 years

Filed as: AMERICAN BEACON

Service code 52 · EIN 75-2401150

Indirect Investment Fees

AMERICAN FUNDS3 years

Service code 52 · EIN 95-2482877

Indirect Investment Fees

EATON VANCE3 years

Service code 52 · EIN 13-2706484

Indirect Investment Fees

INVESCO2 years

Service code 52 · EIN 13-3867060

Indirect Investment Fees

JANUS HENDERSON3 years

Service code 52 · EIN 84-0592523

Indirect Investment Fees

PIONEER3 years

Service code 52 · EIN 04-2652279

Indirect Investment Fees

T ROWE PRICE RPS INC3 years

Filed as: T. ROWE PRICE

Service code 52 · EIN 52-1151266

Indirect Investment Fees

THE VANGUARD GROUP, INC.3 years

Filed as: VANGUARD

Service code 52 · EIN 51-0082711

Indirect Investment Fees

WELLS FARGO BANK, N.A.3 years

Filed as: WELLS FARGO

Service code 52 · EIN 41-0449260

Indirect Investment Fees

DISCOUNT DANCE, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DISCOUNT DANCE, LLC 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