Plan Ledger DOL Form 5500 · updated monthly

Momentum Pictures LLC.401(k)

ENTERTAINMENT ONE 401(K) PLAN · PAWTUCKET, RI · plan year 2023

Reported admin expense ratio · 2023
0.63%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Momentum Pictures LLC. reported $134,294 in plan administrative expenses for 2023: 0.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,012 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.55% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 120th-largest of 286 plans among Rhode Island employers on file, and the 1,775th of 4,246 in wholesale trade. In 2023, employees put in $2.80 for every $1.00 the employer contributed; active participation has shrunk from 160 to 137 since 2022.

Plan summary
Net assets, end of year$21,649,992
Participants with balances305
Active participants137
Employer contributions$686,652
Employee contributions$1,924,873
Employer contribution per active participant$5,012
Average account balance$70,984
Benefits paid to participants$5,375,099
Plan auditUnmodified (clean) audit opinion
AuditorWEI, WEI & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$21.6M · 305 accts · $687K emplr
2022$20.9M · 346 accts · $602K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$134,294
Total administrative$134,294
The Momentum Pictures LLC. 401(k) match · 2023
Employer contribution per active participant$5,012
Median for plans this size$2,440
2023$5,012 per active participant
2022$3,760 per active participant

Momentum Pictures LLC.'s 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$134,307
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)indirect comp
TOWERS WATSON INVESTMENT SERVICES, · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023$134,294 · 0.63%
2022$127,749 · 0.55%
Similar plansWholesale Trade · Rhode Island
The Claflin Company RI$36.7M · 0.25%
Igus Bearings, Inc. RI$34.5M · 0.03%
Pet Food Experts, Inc. RI$26.0M · 0.68%
Numark International, Inc RI$18.6M · 0.09%
Arnold Lumber Company, Inc. RI$15.0M · 0.36%
Uncas International, LLC RI$10.5M · 0.05%
Centrex Distributors, LLC RI$9.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261778976 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.