Retirement plan

NATIONAL CONSTITUTION CENTER RETIREMENT SAVINGS PLAN

Name: NATIONAL CONSTITUTION CENTER - NATIONAL CONSTITUTION CENTER RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: NATIONAL CONSTITUTION CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL CONSTITUTION CENTER RETIREMENT SAVINGS PLAN, NATIONAL CONSTITUTION CENTER

NATIONAL CONSTITUTION CENTEREIN 23-2434447Plan #001PY 2016

525 ARCH STREET, INDEPENDANCE MALL - PHILADELPHIA, PA 19106215-409-6600constitutioncenter.orgLinkedIn51-200 employeesmuseums and institutions

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$3.9M

+14.3% from 2015

Total participants

173

-0.6% from 2015

Average account balance

$30,003

+10.7% from 2015

Annual return

7.88%

+9.64 pp from 2015

Benchmarks

See 616 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort616 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.82M

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.

158

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.

70.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$810K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$448

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

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$31,914
LINSCO/PRIVATE LEDGER CORP1 year Service code 55 9785 TOWNE CENTRE DRIVE · SAN DIEGO, CA 92121	Other Commissions	$13,461
MITCHELL & TITUS, LLP1 year Filed as: MITCHELL & TITUS LLP Service code 10 ONE BATTERY PARK PLAZA 27TH FL · NEW YORK, NM 10004	Accounting	$12,950
EPIC RETIREMENT PLAN SERVICES2+ years Filed as: UNITED RETIREMENT PLAN CONSULTANTS Service code 13 4000 CRUMS MILLS ROAD · HARRISBURG, PA 17112	Contract Administrator	$8,652
GENEOS WEALTH MANAGEMENT INC2+ years Service code 55 9055 E. MINERAL CIRCLE · CENTENNIAL, CO 80112	Other Commissions	$2,613

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing 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.
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.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$46K

$411 / participant

Other / not subdivided$46K100.0%

% of EOY assets

1.201%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MITCHELL & TITUS, LLP
Auditor EIN: 132781641
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,003

$38,969-23.0%

$109,313-72.6%

$55,167-45.6%

Participation rate

61.1%

58.2%+2.8pp

71.3%-10.2pp

69.0%-7.9pp

Annual return

7.88%

8.26%-0.4pp

22.07%-14.2pp

169.23%-161.4pp

Employer contribution / active EE

$1,476

$1,227+20.3%

$3,892-62.1%

$1,963-24.8%

Participant deferral / active EE

$2,516

$2,176+15.7%

$3,166-20.5%

$3,054-17.6%

Admin fee / account holder

$360

$501-28.1%

$5,666-93.6%

$504-28.5%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$31,914

LINSCO/PRIVATE LEDGER CORP1 year

Service code 55

9785 TOWNE CENTRE DRIVE · SAN DIEGO, CA 92121

Other Commissions

$13,461

MITCHELL & TITUS, LLP1 year

Filed as: MITCHELL & TITUS LLP

Service code 10

ONE BATTERY PARK PLAZA 27TH FL · NEW YORK, NM 10004

Accounting

$12,950

EPIC RETIREMENT PLAN SERVICES2+ years

Filed as: UNITED RETIREMENT PLAN CONSULTANTS

Service code 13

4000 CRUMS MILLS ROAD · HARRISBURG, PA 17112

Contract Administrator

$8,652

GENEOS WEALTH MANAGEMENT INC2+ years

Service code 55

9055 E. MINERAL CIRCLE · CENTENNIAL, CO 80112

Other Commissions

$2,613

NATIONAL CONSTITUTION CENTER RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL CONSTITUTION CENTER RETIREMENT 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