Retirement plan

DAVID HOCKNEY SELF EMPLOYED RETIREMENT PLAN

Name: DAVID HOCKNEY C/O CAROL SAVOIE, DELOITTE TAX - DAVID HOCKNEY SELF EMPLOYED RETIREMENT PLAN (2016) Form 5500
Creator: DAVID HOCKNEY C/O CAROL SAVOIE, DELOITTE TAX
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVID HOCKNEY SELF EMPLOYED RETIREMENT PLAN, DAVID HOCKNEY C/O CAROL SAVOIE, DELOITTE TAX

DAVID HOCKNEY C/O CAROL SAVOIE, DELOITTE TAXEIN 95-3400432Plan #001PY 2016

555 W. 5TH STREET, STE 2700 - LOS ANGELES, CA 900131010213-688-0800

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.9M

+7.9% from 2015

Total participants

+45.5% from 2015

Average account balance

$246,149

-25.8% from 2015

Annual return

3.76%

+3.74 pp from 2015

Benchmarks

See 6,152 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort6,152 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.94M

Not enough data

1 years with asset history on file

Average account balance

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

$197K

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

$344K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$34K

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

+7.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$17806

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 codes2E2G3B3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

1 tripped

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

$98K

$7552 / participant

Other / not subdivided$98K100.0%

% of EOY assets

2.493%

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

$246,149

$153,311+60.6%

$109,313+125.2%

$273,972-10.2%

Participation rate

100.0%

80.1%+19.9pp

71.3%+28.7pp

83.0%+17.0pp

Annual return

3.76%

29.86%-26.1pp

22.07%-18.3pp

41.46%-37.7pp

Employer contribution / active EE

$18,182

$5,619+223.6%

$3,892+367.2%

$4,869+273.4%

Participant deferral / active EE

$3,932-100.0%

$3,166-100.0%

$5,287-100.0%

Admin fee / account holder

$6,136

$8,076-24.0%

$5,666+8.3%

$10,133-39.4%

DAVID HOCKNEY SELF EMPLOYED RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAVID HOCKNEY SELF EMPLOYED RETIREMENT 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