Retirement plan

AMC NETWORKS 401(K) SAVINGS PLAN

Name: RAINBOW MEDIA HOLDINGS LLC - AMC NETWORKS 401(K) SAVINGS PLAN (2023) Form 5500
Creator: RAINBOW MEDIA HOLDINGS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMC NETWORKS 401(K) SAVINGS PLAN, RAINBOW MEDIA HOLDINGS LLC

RAINBOW MEDIA HOLDINGS LLCdba AMC NETWORKS INC.EIN 11-3342870Plan #001PY 2023

11 PENN PLAZA - NEW YORK, NY 10001212-324-8774LinkedIn11-50 employeesentertainment

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$294.8M

+4.0% from 2018

Total participants

1,908

-1.9% from 2018

Average account balance

$155,747

+6.9% from 2018

Annual return

15.95%

+22.66 pp from 2018

Benchmarks

See 175 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants1,000-4,999

Cohort175 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$320.45M

Not enough data

1 years with asset history on file

Average account balance

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

$179K

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.

1,791

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.

97.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17.36M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+13.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$141

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

1 years with F_SCH_H allocation on file

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL7+ years Service code 37 · EIN 04-2647786	Loan Processing	$96,866
FINANCIAL ENGINES7+ years Service code 27 · EIN 77-0473565	Advisory (Plan)	$84,332
MERCER1 year Service code 10 · EIN 36-2668272	Accounting	$39,404

Plan features & details

Pension benefit codes2J2K2S2T3D3H2U2F

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$221K

$204 / participant

Recordkeeping$96K43.4%
Investment mgmt$84K38.2%
Contract admin$1K0.5%
Other / not subdivided$39K17.9%

% of EOY assets

0.075%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BDO USA, P.C.
Auditor EIN: 135381590
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$155,747

$103,918+49.9%

$94,677+64.5%

$80,187+94.2%

Participation rate

98.6%

85.8%+12.8pp

80.8%+17.8pp

72.9%+25.7pp

Annual return

15.95%

27.77%-11.8pp

156.95%-141.0pp

40.40%-24.5pp

Employer contribution / active EE

$4,945

$3,539+39.7%

$3,673+34.6%

$2,980+65.9%

Participant deferral / active EE

$11,074

$9,528+16.2%

$7,418+49.3%

$5,016+120.8%

Admin fee / account holder

$117

$96+20.8%

$7,222-98.4%

$145-19.6%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL7+ years

Service code 37 · EIN 04-2647786

Loan Processing

$96,866

FINANCIAL ENGINES7+ years

Service code 27 · EIN 77-0473565

Advisory (Plan)

$84,332

MERCER1 year

Service code 10 · EIN 36-2668272

Accounting

$39,404

AMC NETWORKS 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMC NETWORKS 401(K) SAVINGS 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