Retirement plan

SHAKESPEARE AND COMPANY 403(B) TAX DEFERRED ANNUITY PLAN

Name: SHAKESPEARE & COMPANY, INC. - SHAKESPEARE AND COMPANY 403(B) TAX DEFERRED ANNUITY PLAN (2023) Form 5500
Creator: SHAKESPEARE & COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHAKESPEARE AND COMPANY 403(B) TAX DEFERRED ANNUITY PLAN, SHAKESPEARE & COMPANY, INC.

SHAKESPEARE & COMPANY, INC.EIN 04-2666826Plan #002PY 2023

70 KEMBLE STREET - LENOX, MA 01240413-637-1199shakespeare.orgLinkedIn51-200 employeesperforming arts

Other plans on this EIN

1 filing

#001Retirement-$3.3M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$790K

+8.4% from 2022

Total participants

0.0% from 2022

Average account balance

$78,979

-2.4% from 2022

Annual return

15.84%

+28.93 pp from 2022

Benchmarks

See 9,751 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort9,751 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$965K

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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.

90.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$25K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2784

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 codes2G2L3D

Plan features

2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$75K

$7500 / participant

Other / not subdivided$75K100.0%

% of EOY assets

9.496%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$78,979

$156,963-49.7%

$121,204-34.8%

$139,466-43.4%

Participation rate

90.0%

76.5%+13.5pp

69.5%+20.5pp

80.3%+9.7pp

Annual return

15.84%

1476.75%-1460.9pp

987.18%-971.3pp

373.66%-357.8pp

Employer contribution / active EE

$5,544-100.0%

$4,170-100.0%

$4,754-100.0%

Participant deferral / active EE

$2,112

$4,848-56.4%

$4,083-48.3%

$6,712-68.5%

Admin fee / account holder

$7,500

$6,953+7.9%

$5,651+32.7%

$11,409-34.3%

SHAKESPEARE AND COMPANY 403(B) TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHAKESPEARE AND COMPANY 403(B) TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion