Retirement plan

ACADEMY OF COUNTRY MUSIC 401 K PROFIT SHARING PLAN TRUST

Name: ACADEMY OF COUNTRY MUSIC - ACADEMY OF COUNTRY MUSIC 401 K PROFIT SHARING PLAN TRUST (2018) Form 5500
Creator: ACADEMY OF COUNTRY MUSIC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACADEMY OF COUNTRY MUSIC 401 K PROFIT SHARING PLAN TRUST, ACADEMY OF COUNTRY MUSIC

ACADEMY OF COUNTRY MUSICEIN 95-2547035Plan #001PY 2018

5500 BALBOA BLVD - ENCINO, CA 91316818-815-4206LinkedIn1-10 employeesmusic

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.8M

-40.4% from 2017

Total participants

-23.5% from 2017

Average account balance

$154,132

+68.7% from 2017

Annual return

-7.03%

-20.69 pp from 2017

Benchmarks

See 2,968 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort2,968 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.13M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

184.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$182K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+13.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24163

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 codes3D2F2E2T2G2J

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$1.3M

$51134 / participant

Other / not subdivided$1M100.0%

% of EOY assets

71.879%

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

$154,132

$58,587+163.1%

$83,322+85.0%

$64,173+140.2%

Participation rate

46.2%

72.0%-25.9pp

77.8%-31.6pp

69.6%-23.4pp

Annual return

-7.03%

9.65%-16.7pp

10.64%-17.7pp

7.63%-14.7pp

Employer contribution / active EE

$5,195

$2,098+147.6%

$3,379+53.8%

$2,381+118.2%

Participant deferral / active EE

$5,528

$4,654+18.8%

$5,565-0.7%

$3,470+59.3%

Admin fee / account holder

$110,789

$9,279+1094.0%

$7,540+1369.4%

$4,887+2166.9%

ACADEMY OF COUNTRY MUSIC 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACADEMY OF COUNTRY MUSIC 401 K PROFIT SHARING PLAN TRUST

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