Retirement plan

MOTION PICTURE INDUSTRY PENSION PLAN 401(K) SAVINGS PLAN

Name: MOTION PICTURE INDUSTRY PENSION PLAN - MOTION PICTURE INDUSTRY PENSION PLAN 401(K) SAVINGS PLAN (2024) Form 5500
Creator: MOTION PICTURE INDUSTRY PENSION PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOTION PICTURE INDUSTRY PENSION PLAN 401(K) SAVINGS PLAN, MOTION PICTURE INDUSTRY PENSION PLAN

MOTION PICTURE INDUSTRY PENSION PLANEIN 95-1810805Plan #003PY 2024

11365 VENTURA BLVD., SUITE 1999 - STUDIO CITY, CA 91604818-769-0007

Other plans on this EIN

1 filing

#001Retirement-$5.88B assets

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$16.7M

+13.7% from 2023

Total participants

195

+2.6% from 2023

Average account balance

$95,077

+14.4% from 2023

Annual return

13.49%

-4.05 pp from 2023

Benchmarks

See 2,174 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,174 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.73M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

176

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.

87.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.66M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+13.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$411

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$36,963
UBS FINANCIAL SERVICES INC6 years Service code 27 · EIN 13-2638166	Advisory (Plan)	$35,351

Plan features & details

Pension benefit codes2J2S2T2F2G3D

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

2 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$72K

$470 / participant

Recordkeeping$37K51.1%
Investment mgmt$35K48.9%

% of EOY assets

0.432%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MILLER KAPLAN ARASE LLP
Auditor EIN: 952036255
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$95,077

$122,042-22.1%

$184,260-48.4%

$74,459+27.7%

Participation rate

87.7%

85.5%+2.2pp

86.8%+0.8pp

67.2%+20.4pp

Annual return

13.49%

19.91%-6.4pp

28.84%-15.4pp

1369.70%-1356.2pp

Employer contribution / active EE

$4,537-100.0%

$6,427-100.0%

$2,626-100.0%

Participant deferral / active EE

$10,772

$7,143+50.8%

$9,133+17.9%

$4,350+147.6%

Admin fee / account holder

$411

$1,252-67.2%

$13,898-97.0%

$1,945-78.9%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$36,963

UBS FINANCIAL SERVICES INC6 years

Service code 27 · EIN 13-2638166

Advisory (Plan)

$35,351

MOTION PICTURE INDUSTRY PENSION PLAN 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOTION PICTURE INDUSTRY PENSION PLAN 401(K) SAVINGS 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