Retirement plan

TWELVE TONE PRODUCTIONS, INC 401(K) PLAN

Name: TWELVE TONE PRODUCTIONS, INC. - TWELVE TONE PRODUCTIONS, INC 401(K) PLAN (2021) Form 5500
Creator: TWELVE TONE PRODUCTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TWELVE TONE PRODUCTIONS, INC 401(K) PLAN, TWELVE TONE PRODUCTIONS, INC.

TWELVE TONE PRODUCTIONS, INC.EIN 95-4808174Plan #002PY 2021

P.O. BOX 36356 - LOS ANGELES, CA 90036323-633-3853twelvetoneproductions.comLinkedIn11-50 employeesentertainment

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$684K

No prior year

Total participants

No prior year

Average account balance

$227,957

No prior year

Annual return

8.60%

No prior year

Benchmarks

See 9,483 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort9,483 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.30M

Not enough data

1 years with asset history on file

Average account balance

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

$433K

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

$147K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$49K

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

+22.41%

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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$227,957

$124,175+83.6%

$108,405+110.3%

$167,536+36.1%

Participation rate

100.0%

82.3%+17.7pp

80.1%+19.9pp

82.1%+17.9pp

Annual return

8.60%

1380.13%-1371.5pp

905.55%-896.9pp

478.82%-470.2pp

Employer contribution / active EE

$19,833

$4,188+373.6%

$3,559+457.3%

$4,839+309.9%

Participant deferral / active EE

$21,667

$6,908+213.6%

$6,563+230.1%

$6,342+241.6%

Admin fee / account holder

$9,457-100.0%

$7,297-100.0%

$12,315-100.0%

TWELVE TONE PRODUCTIONS, INC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TWELVE TONE PRODUCTIONS, INC 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