Retirement plan

TARGET PROPS, LLC PROFIT SHARING 401(K) PLAN

Name: TARGET PROPS, LLC - TARGET PROPS, LLC PROFIT SHARING 401(K) PLAN (2023) Form 5500
Creator: TARGET PROPS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TARGET PROPS, LLC PROFIT SHARING 401(K) PLAN, TARGET PROPS, LLC

TARGET PROPS, LLCEIN 90-0648183Plan #001PY 2023

7100 FAIR AVE. - NORTH HOLLYWOOD, CA 91605818-618-8527targetprops.comLinkedIn11-50 employeesmusic

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$229K

+93.3% from 2022

Total participants

+33.3% from 2022

Average account balance

$28,651

+45.0% from 2022

Annual return

66.28%

+107.83 pp from 2022

Benchmarks

See 11,284 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort11,284 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$346K

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

160.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+44.13%

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 codes2E2J3D

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.
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

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

$28,651

$105,160-72.8%

$94,679-69.7%

$139,456-79.5%

Participation rate

100.0%

82.4%+17.6pp

80.8%+19.2pp

80.3%+19.7pp

Annual return

66.28%

38.04%+28.2pp

156.75%-90.5pp

373.45%-307.2pp

Employer contribution / active EE

$1,906

$4,107-53.6%

$3,673-48.1%

$4,753-59.9%

Participant deferral / active EE

$4,500

$7,599-40.8%

$7,417-39.3%

$6,711-32.9%

Admin fee / account holder

$8,988-100.0%

$7,233-100.0%

$11,407-100.0%

TARGET PROPS, LLC PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TARGET PROPS, LLC PROFIT SHARING 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