Plans » Benchmarking Engine
Benchmarking The Zoo Digital Production 401(K) Plan in El Segundo, CA against
good (7)
neutral (2)
Of the 37 plans whose industry group is Motion Picture and Video Industries, The Zoo Digital Production 401(K) Plan in El Segundo, CA is one of just 9 that are lower than the overall administrative medians in each of contract administrator fees, total administrative expenses, and total administrative expense ratio.
The Zoo Digital Production 401(K) Plan has these standings among those 37 peer plans plus nationwide comparisons:
The Zoo Digital Production 401(K) Plan has these standings among those 37 peer plans plus nationwide comparisons:
- professional fees = $0 (the lowest, tied)
the nationwide median is $0 - contract administrator fees = $0 (the lowest, tied)
the nationwide median is $1,625 - investment advisory and management fees = $0 (the lowest, tied)
the nationwide median is $0 - other administrative expenses = $6,817 (13th-highest)
the nationwide median is $0 - total administrative expenses = $6,817 (10th-lowest)
the nationwide median is $20,574 - total administrative expense ratio = 0.200% (11th-lowest)
the nationwide median is 0.510%
- whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. 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.
- are lower than the overall administrative medians in. Bigger sets are better. (1) The median nationwide value of professional fees is $0.00, so better is below that. From Line 2i(1), Schedule H. Includes the total fees paid (or in the case of accrual basis plans, costs incurred during the plan year but not paid as of the end of the plan year) by the plan for outside accounting, actuarial, legal, and valuation/appraisal services. Includes fees for the annual audit of the plan by an independent qualified public accountant (IQPA); for payroll audits; for accounting/bookkeeping services; for actuarial services rendered to the plan; and to a lawyer for rendering legal opinions, litigation, and advice (but not for providing legal services as a benefit to plan participants). Reports fees and expenses for corporate trustees and individual plan trustees, including reimbursement of expenses associated with trustees, such as lost time, seminars, travel, meetings, etc. Includes the fee(s) for valuations or appraisals to determine the cost, quality, or value of an item such as real property, personal property (gemstones, coins, etc.), and for valuations of closely held securities for which there is no ready market. Does not include amounts paid to plan employees to perform bookkeeping/accounting functions that should be included in line 2i(4). A missing entry from the Schedule H is here assigned a value of $0. (2) The median nationwide value of contract administrator fees is $1,625, so better is below that. From Line 2i(2), Schedule H. The total fees paid (or in the case of accrual basis plans, costs incurred during the plan year but not paid as of the end of the plan year) to a contract administrator for performing administrative services for the plan. For purposes of the return/report, a contract administrator is any individual, partnership, or corporation, responsible for managing the clerical operations (e.g., handling membership rosters, claims payments, maintaining books and records) of the plan on a contractual basis. Does not include salaried staff or employees of the plan or banks or insurance carriers. A missing entry from the Schedule H is here assigned a value of $0. (3) The median nationwide value of investment advisory and management fees is $0.00, so better is below that. From Line 2i(3), Schedule H. The total fees paid (or in the case of accrual basis plans, costs incurred during the plan year but not paid as of the end of the plan year) to an individual, partnership or corporation (or other person) for advice to the plan relating to its investment portfolio. These may include fees paid to manage the plan’s investments, fees for specific advice on a particular investment, and fees for the evaluation for the plan’s investment performance. A missing entry from the Schedule H is here assigned a value of $0. (4) The median nationwide value of other administrative expenses is $0.00, so better is below that. From Line 2i(4), Schedule H. Other expenses are those that cannot be included in 2i(1) through 2i(3). These may include plan expenditures such as salaries and other compensation and allowances (e.g., payment of premiums to provide health insurance benefits to plan employees), expenses for office supplies and equipment, cars, telephone, postage, rent, expenses associated with the ownership of a building used in the operation of the plan, and all miscellaneous expenses. Includes premium payments to the PBGC when paid from plan assets. A missing entry from the Schedule H is here assigned a value of $0. (5) The median nationwide value of total administrative expenses is $20,574, so better is below that. From Line 2i(5), Schedule H. A missing entry from the Schedule H is here assigned a value of $0. Note that total administrative expenses = professional fees + contract administrator fees + investment advisory and management fees + other administrative expenses. (6) The median nationwide value of total administrative expense ratio is 0.510%, so better is below that. Total administrative expense ratio (as a percentage) equals total administrative expenses (Line 2i(5), Schedule H) divided by total assets (end of plan year; Line 1f(b) from Schedule H), times 100. 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.
The Zoo Digital Production 401(K) Plan in El Segundo, CA is in El Segundo, CA, its EIN is 260690889, its industry group is Motion Picture and Video Industries, its plan administrator is Keila Barahona, is covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 512100, has 100 to 499 total participants, is worse than the overall participant averages in each of average account balance, active-participant contributions per head, and employer contributions per active participant, 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 at beginning of plan year ($3,526,702)
- net assets (assets minus liabilities) ($3.40M)
- total assets ($3,379,208)
- value of interest in registered investment companies (e.g., mutual funds) ($3.30M)
- total contributions ($687,371)
- cash contributions from participants ($479,553)
- total expenses ($198,894)
- cash contributions from employers ($103,420)
- participant loans ($54,732)
- total income ($51,400)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($26,139)
- receivables participant contributions ($23,382)
- average account balance ($13,793)
- other administrative expenses ($6,817)
- total administrative expenses ($6,817)
- receivables employer contributions ($6,075)
- average employer+participant cash contribution per active participant ($2,591)
- average participant cash contribution per active participant ($2,131)
- average employer cash contribution per active participant ($459.60)
- total administrative expense per participant ($27.82)
- total noninterest-bearing cash ($0)
- other receivables (not employer nor participant contributions) ($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)
- value of funds held in insurance company general account (unallocated contracts) ($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)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- net income per total participant (-$602.00)
- net income (-$147,494)
- earnings on investments (-$635,971)
- net earnings on investments (-$635,971)
- percentage of active participants (91.8%)
- diversity of asset types (5.7%)
- participant loans as a percentage of plan assets (1.62%)
- total cash as a percentage of plan assets (0.77%)
- total administrative expense ratio (0.200%)
- employer securities as a percentage of plan assets (0.00%)
- growth in total assets during the plan year (-4.2%)
- yield on beginning-of-plan-year total assets (-18.03%)
- active participants (225)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (245)
- other retired or separated participants entitled to future benefits (20)
- retired or separated participants receiving benefits (0)
- total participants (245)
Global References