Retirement plan

TARGET MEDIA PARTNERS 401(K) PROFIT SHARING PLAN

Name: TARGET MEDIA PARTNERS - TARGET MEDIA PARTNERS 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: TARGET MEDIA PARTNERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TARGET MEDIA PARTNERS 401(K) PROFIT SHARING PLAN, TARGET MEDIA PARTNERS

TARGET MEDIA PARTNERSEIN 95-4682394Plan #001PY 2016

1800 NORTH HIGHLAND AVENUE, STE 400 - LOS ANGELES, CA 90028323-930-3123

Prospect flagsLow returnsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$11.7M

+2.5% from 2015

Total participants

309

-10.7% from 2015

Average account balance

$63,355

+15.2% from 2015

Annual return

4.10%

+5.01 pp from 2015

Benchmarks

See 503 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort503 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.30M

Not enough data

1 years with asset history on file

Average account balance

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

$135K

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.

58.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$66K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9971

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
KEEFER PENSION CONSULTING INC.1 year Filed as: KEEFER PENSION CONSULTING INC Service code 17 · EIN 27-0328721 400 CONTINENTAL BLVD 6TH FLOOR · EL SEGUNDO, CA 90245	Pension Consulting	$26,646
EPIC RETIREMENT PLAN SERVICES2+ years Filed as: UNITED RETIREMENT PLAN CONSULTANTS Service code 11 · EIN 95-3794697 4640 ADMIRALTY WAY SUITE 900 · MARINA DEL REY, CA 90292	Actuarial	$23,088
NATIONWIDE2+ years Service code 11 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Actuarial	$4,802
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 60 · EIN 04-2647786	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H2K

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: KISHNER SMITH JOANOU & GREGSON
Auditor EIN: 953322166
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,355

$56,640+11.9%

$80,977-21.8%

$57,658+9.9%

Participation rate

52.5%

75.9%-23.4pp

75.8%-23.3pp

70.2%-17.7pp

Annual return

4.10%

19.97%-15.9pp

17.11%-13.0pp

5.13%-1.0pp

Employer contribution / active EE

$2,085-100.0%

$3,715-100.0%

$1,974-100.0%

Participant deferral / active EE

$2,227

$4,944-55.0%

$5,696-60.9%

$3,061-27.2%

Admin fee / account holder

$87-100.0%

$5,517-100.0%

$95-100.0%

Provider

Service type

Compensation

KEEFER PENSION CONSULTING INC.1 year

Filed as: KEEFER PENSION CONSULTING INC

Service code 17 · EIN 27-0328721

400 CONTINENTAL BLVD 6TH FLOOR · EL SEGUNDO, CA 90245

Pension Consulting

$26,646

EPIC RETIREMENT PLAN SERVICES2+ years

Filed as: UNITED RETIREMENT PLAN CONSULTANTS

Service code 11 · EIN 95-3794697

4640 ADMIRALTY WAY SUITE 900 · MARINA DEL REY, CA 90292

Actuarial

$23,088

NATIONWIDE2+ years

Service code 11 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Actuarial

$4,802

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 60 · EIN 04-2647786

Sub-TA Fees

TARGET MEDIA PARTNERS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TARGET MEDIA PARTNERS 401(K) PROFIT SHARING 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