Retirement plan

THE DISCOVERY CENTER OF SCIENCE AND TECHNOLOGY DEFINED CONTRIBUTION PLAN

Name: DISCOVERY CENTER OF SCIENCE & TECHNOLOGY - THE DISCOVERY CENTER OF SCIENCE AND TECHNOLOGY DEFINED CONTRIBUTION PLAN (2024) Form 5500
Creator: DISCOVERY CENTER OF SCIENCE & TECHNOLOGY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE DISCOVERY CENTER OF SCIENCE AND TECHNOLOGY DEFINED CONTRIBUTION PLAN, DISCOVERY CENTER OF SCIENCE & TECHNOLOGY

DISCOVERY CENTER OF SCIENCE & TECHNOLOGYEIN 22-2287569Plan #001PY 2024

500 SOUTH FRANKLIN STREET - SYRACUSE, NY 132021243315-425-9068

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1M

+20.3% from 2023

Total participants

0.0% from 2023

Average account balance

$21,548

+20.3% from 2023

Annual return

13.94%

-2.72 pp from 2023

Benchmarks

See 3,320 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort3,320 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.03M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

171.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$99K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$939

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 codes2G2L

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.

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

$45K

$1610 / participant

Other / not subdivided$45K100.0%

% of EOY assets

4.357%

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

$21,548

$51,631-58.3%

$129,397-83.3%

$80,925-73.4%

Participation rate

96.4%

56.9%+39.5pp

69.6%+26.8pp

67.7%+28.8pp

Annual return

13.94%

20.77%-6.8pp

9453.98%-9440.0pp

35.65%-21.7pp

Employer contribution / active EE

$635

$1,583-59.9%

$4,154-84.7%

$2,756-77.0%

Participant deferral / active EE

$2,916

$2,670+9.2%

$4,167-30.0%

$4,299-32.2%

Admin fee / account holder

$939

$4,309-78.2%

$7,679-87.8%

$6,940-86.5%

THE DISCOVERY CENTER OF SCIENCE AND TECHNOLOGY DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE DISCOVERY CENTER OF SCIENCE AND TECHNOLOGY DEFINED CONTRIBUTION 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