Retirement plan

THREADZ OF LOVE, INC. 401(K) PLAN

Name: THREADZ OF LOVE, INC. - THREADZ OF LOVE, INC. 401(K) PLAN (2024) Form 5500
Creator: THREADZ OF LOVE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THREADZ OF LOVE, INC. 401(K) PLAN, THREADZ OF LOVE, INC.

THREADZ OF LOVE, INC.EIN 83-3286370Plan #001PY 2024

110 EAST 9TH ST., #C-721 - LOS ANGELES, CA 90079213-275-1670

Other plans on this EIN

1 filing

#002Retirement-$1.0M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$441K

+82.6% from 2023

Total participants

0.0% from 2023

Average account balance

$55,175

+82.6% from 2023

Annual return

5.88%

-0.16 pp from 2023

Benchmarks

See 4,455 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort4,455 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$671K

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

112.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$177K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+11.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$752

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 codes2E2F2G2J3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$7K

$882 / participant

Other / not subdivided$7K100.0%

% of EOY assets

1.598%

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

$55,175

$100,125-44.9%

$81,482-32.3%

$145,978-62.2%

Participation rate

100.0%

74.2%+25.8pp

69.5%+30.5pp

80.3%+19.7pp

Annual return

5.88%

34.44%-28.6pp

24.79%-18.9pp

550.52%-544.6pp

Employer contribution / active EE

$15,952

$2,977+435.8%

$2,463+547.6%

$4,662+242.2%

Participant deferral / active EE

$7,625

$4,609+65.4%

$3,885+96.3%

$6,690+14.0%

Admin fee / account holder

$882

$8,198-89.2%

$5,761-84.7%

$13,400-93.4%

THREADZ OF LOVE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THREADZ OF LOVE, INC. 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