Retirement plan

LAKSHMI MEDIA, INC. PROFIT SHARING PLAN

Name: LAKSHMI MEDIA, INC. - LAKSHMI MEDIA, INC. PROFIT SHARING PLAN (2020) Form 5500
Creator: LAKSHMI MEDIA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAKSHMI MEDIA, INC. PROFIT SHARING PLAN, LAKSHMI MEDIA, INC.

LAKSHMI MEDIA, INC.EIN 95-4831756Plan #001PY 2020

C/O ALTMAN, GREENFIELD AND SELVAGGI, 200 PARK AVENUE SOUTH, 8TH FL - NEW YORK, NY 10003212-768-4500LinkedIn1-10 employeesveterinary

Other plans on this EIN

1 filing

#002Retirement-$670K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$244K

+41.4% from 2019

Total participants

0.0% from 2019

Average account balance

$61,007

+41.4% from 2019

Annual return

11.42%

-6.11 pp from 2019

Benchmarks

See 7,661 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort7,661 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$496K

Not enough data

1 years with asset history on file

Average account balance

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

$124K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$55K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

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

+5.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$954

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$61,007

$176,402-65.4%

$134,155-54.5%

$158,950-61.6%

Participation rate

100.0%

78.7%+21.3pp

72.2%+27.8pp

82.0%+18.0pp

Annual return

11.42%

63.66%-52.2pp

36.34%-24.9pp

302.91%-291.5pp

Employer contribution / active EE

$8,589

$5,042+70.4%

$3,705+131.9%

$4,762+80.4%

Participant deferral / active EE

$8,667

$4,093+111.8%

$3,500+147.7%

$5,983+44.9%

Admin fee / account holder

$8,719-100.0%

$6,685-100.0%

$11,248-100.0%

LAKSHMI MEDIA, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LAKSHMI MEDIA, INC. PROFIT SHARING 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