Plans » Benchmarking Engine
Benchmarking Booyah Advertising 401k Plan in Denver, CO against
good (6)
neutral (1)
Of the 156 plans in Denver, CO, Booyah Advertising 401k Plan in Denver, CO is one of just 5 that are better than the overall participant averages in each of net income per total participant, average account balance, active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant (the entire set of 5).
Booyah Advertising 401k Plan has these standings among those 156 peer plans plus nationwide comparisons:
Booyah Advertising 401k Plan has these standings among those 156 peer plans plus nationwide comparisons:
- net income per total participant = $1,578 (26th-highest)
the nationwide average is -$5,540 - average account balance = $25,487 (41st-highest)
the nationwide average is $24,947 - average participant cash contribution per active participant = $6,078 (33rd-highest)
the nationwide average is $3,880 - average employer cash contribution per active participant = $2,549 (27th-highest)
the nationwide average is $1,477 - total administrative expense per participant = $8.38 (10th-lowest)
the nationwide average is $124.36
- are better than the overall participant averages in. Bigger sets are better. (1) The average nationwide value of net income per total participant is -$5,540, so better is above that. Average net income per total participant equals net income, Line 2k from Schedule H, divided by total participants, Line 6f of Form 5500. (2) The average nationwide value of average account balance is $24,947, so better is above that. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f of Form 5500. (3) The average nationwide value of active-participant contributions per head (average participant cash contribution per active participant) is $3,880, so better is above that. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. (4) The average nationwide value of employer contributions per active participant (average employer cash contribution per active participant) is $1,477, so better is above that. Average employer cash contribution per active participant equals cash contributions from employers, Line 2a(1)(A) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. (5) The average nationwide value of total administrative expense per participant is $124.36, so better is below that. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, separated participants who are still living, and deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). Some comparison measures have prerequisites that must be satisfied in order to keep their numeric values, otherwise their value becomes N/A. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- in city. Values were kept only if they occurred at least 20 times. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
Booyah Advertising 401k Plan in Denver, CO is in Denver, CO, its EIN is 841587511, its industry group is Advertising, Public Relations, and Related Services, its plan administrator is Jenna Tully, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, provides for automatic enrollment, is a single-employer plan, its business code is 541800, has 100 to 499 total participants, is better than the overall participant averages in each of net income per total participant, average account balance, active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant (the entire set of 5), and is lower than the overall administrative medians in each of contract administrator fees, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- total assets ($4,409,308)
- value of interest in registered investment companies (e.g., mutual funds) ($4.40M)
- net assets (assets minus liabilities) ($4.40M)
- total assets at beginning of plan year ($4,136,409)
- total contributions ($1,300,601)
- cash contributions from participants ($771,888)
- total income ($490,262)
- cash contributions from employers ($323,780)
- net income ($272,899)
- total expenses ($217,363)
- average account balance ($25,487)
- average employer+participant cash contribution per active participant ($8,627)
- average participant cash contribution per active participant ($6,078)
- average employer cash contribution per active participant ($2,549)
- net income per total participant ($1,578)
- contract administrator fees ($1,450)
- total administrative expenses ($1,450)
- value of funds held in insurance company general account (unallocated contracts) ($1,290)
- participant loans ($1,068)
- total administrative expense per participant ($8.38)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in common/collective trusts ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- professional fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- earnings on investments (-$811,001)
- net earnings on investments (-$811,001)
- percentage of active participants (73.4%)
- growth in total assets during the plan year (6.6%)
- diversity of asset types (0.2%)
- total administrative expense ratio (0.033%)
- participant loans as a percentage of plan assets (0.02%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- yield on beginning-of-plan-year total assets (-19.61%)
- active participants (127)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (173)
- other retired or separated participants entitled to future benefits (46)
- retired or separated participants receiving benefits (0)
- total participants (173)
Global References