Retirement plan

AMERICAN RADIO ASSOCIATION INDIVIDUAL ACCOUNT PLAN

Name: BOARD OF TRUSTEES AMERICAN RADIO ASSOCIATION INDIVIDUAL ACCOUNT PLAN - AMERICAN RADIO ASSOCIATION INDIVIDUAL ACCOUNT PLAN (2021) Form 5500
Creator: BOARD OF TRUSTEES AMERICAN RADIO ASSOCIATION INDIVIDUAL ACCOUNT PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN RADIO ASSOCIATION INDIVIDUAL ACCOUNT PLAN, BOARD OF TRUSTEES AMERICAN RADIO ASSOCIATION INDIVIDUAL ACCOUNT PLAN

BOARD OF TRUSTEES AMERICAN RADIO ASSOCIATION INDIVIDUAL ACCOUNT PLANEIN 13-6161999Plan #002PY 2021

1600 HARBOR BAY PKWY STE 200 - ALAMEDA, CA 945023035480-219-2769

Other plans on this EIN

1 filing

#001Retirement-$58.4M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$6.3M

+10.6% from 2020

Total participants

+2.1% from 2020

Average account balance

$67,661

+8.2% from 2020

Annual return

11.52%

+3.28 pp from 2020

Benchmarks

See 3,026 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort3,026 peers

Snapshot2021

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$6.92M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

112

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.

85.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$527K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$284

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 9 by compensation

Provider	Service type	Compensation
THE SEGAL COMPANY4 years Filed as: SEGAL MARCO ADVISORS Service code 27 · EIN 13-2646110	Advisory (Plan)	$10,710
BALDWIN & BALDWIN PLLC2 years Filed as: BALDWIN MOFFITT PLLC Service code 10 · EIN 46-4370753	Accounting	$7,862
AMERICAN FUNDS2 years Service code 52	Indirect Investment Fees	$0
CALVERT2 years Service code 52	Indirect Investment Fees	$0
INVESCO2 years Service code 52	Indirect Investment Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.7+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52	Indirect Investment Fees	$0
PIMCO FUNDS2 years Service code 52	Indirect Investment Fees	$0
T ROWE PRICE RPS INC1 year Filed as: T ROWE PRICE Service code 52	Indirect Investment Fees	$0
WILLIAM BLAIR2 years Service code 52	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2T2K2G2F2C

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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).
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.
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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$37K

$494 / participant

Investment mgmt$11K28.9%
Other / not subdivided$26K71.1%

% of EOY assets

0.589%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: BALDWIN MOFFITT BEHM LLP
Auditor EIN: 464370753
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$67,661

$77,145-12.3%

$108,410-37.6%

$85,850-21.2%

Participation rate

96.0%

74.7%+21.3pp

80.1%+15.9pp

69.3%+26.7pp

Annual return

11.52%

44.54%-33.0pp

905.27%-893.8pp

318.53%-307.0pp

Employer contribution / active EE

$6,305

$2,379+165.0%

$3,558+77.2%

$2,565+145.8%

Participant deferral / active EE

$5,566-100.0%

$6,563-100.0%

$3,952-100.0%

Admin fee / account holder

$399

$5,172-92.3%

$7,295-94.5%

$6,260-93.6%

Provider

Service type

Compensation

THE SEGAL COMPANY4 years

Filed as: SEGAL MARCO ADVISORS

Service code 27 · EIN 13-2646110

Advisory (Plan)

$10,710

BALDWIN & BALDWIN PLLC2 years

Filed as: BALDWIN MOFFITT PLLC

Service code 10 · EIN 46-4370753

Accounting

$7,862

AMERICAN FUNDS2 years

Service code 52

Indirect Investment Fees

CALVERT2 years

Service code 52

Indirect Investment Fees

INVESCO2 years

Service code 52

Indirect Investment Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.7+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52

Indirect Investment Fees

PIMCO FUNDS2 years

Service code 52

Indirect Investment Fees

T ROWE PRICE RPS INC1 year

Filed as: T ROWE PRICE

Service code 52

Indirect Investment Fees

WILLIAM BLAIR2 years

Service code 52

Indirect Investment Fees

AMERICAN RADIO ASSOCIATION INDIVIDUAL ACCOUNT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN RADIO ASSOCIATION INDIVIDUAL ACCOUNT 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