Retirement plan

FRINGE KREDIT LLC 401(K) PROFIT SHARING PLAN

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

FRINGE KREDIT LLCEIN 82-2415575Plan #002PY 2020

1501 AVENUE J, FL 3 - BROOKLYN, NY 11230347-867-8833

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$295K

+347.1% from 2017

Total participants

-33.3% from 2017

Average account balance

$147,548

No prior year

Annual return

113.69%

+113.69 pp from 2017

Benchmarks

See 32,161 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort32,161 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$440K

Not enough data

1 years with asset history on file

Average account balance

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

$220K

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

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-4.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6500

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 codes2E2J

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.

Opportunity flags

0 tripped

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

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

$147,548

$197,594-25.3%

$177,822-17.0%

$158,931-7.2%

Participation rate

100.0%

88.5%+11.5pp

87.7%+12.3pp

82.0%+18.0pp

Annual return

113.69%

58.76%+54.9pp

48.32%+65.4pp

302.86%-189.2pp

Employer contribution / active EE

$6,697-100.0%

$5,918-100.0%

$4,761-100.0%

Participant deferral / active EE

$8,405-100.0%

$7,714-100.0%

$5,982-100.0%

Admin fee / account holder

$15,400-100.0%

$12,428-100.0%

$11,247-100.0%

FRINGE KREDIT LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

FRINGE KREDIT LLC 401(K) PROFIT SHARING 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