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 (2017) 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 2017

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

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$911K

+27.8% from 2016

Total participants

No prior year

Average account balance

$18,218

+17.5% from 2016

Annual return

27.04%

+14.61 pp from 2016

Benchmarks

See 2,508 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort2,508 peers

Snapshot2017

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

$66K

$1441 / participant

Other / not subdivided$66K100.0%

% of EOY assets

7.278%

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

$18,218

$46,877-61.1%

$122,354-85.1%

$70,126-74.0%

Participation rate

97.8%

58.2%+39.6pp

71.6%+26.2pp

69.5%+28.3pp

Annual return

27.04%

24.22%+2.8pp

30.28%-3.2pp

73.15%-46.1pp

Employer contribution / active EE

$442

$1,288-65.7%

$4,051-89.1%

$2,343-81.1%

Participant deferral / active EE

$1,112

$2,167-48.7%

$3,287-66.2%

$3,332-66.6%

Admin fee / account holder

$1,326

$3,324-60.1%

$5,479-75.8%

$4,645-71.5%

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