Retirement plan

PUBLIC TELEVISION 19, INC. 403(B) PLAN

Name: PUBLIC TELEVISION 19, INC. - PUBLIC TELEVISION 19, INC. 403(B) PLAN (2023) Form 5500
Creator: PUBLIC TELEVISION 19, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PUBLIC TELEVISION 19, INC. 403(B) PLAN, PUBLIC TELEVISION 19, INC.

PUBLIC TELEVISION 19, INC.EIN 23-7114952Plan #001PY 2023

125 E 31ST STREET - KANSAS CITY, MO 641083216816-756-3580

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$8M

+15.0% from 2022

Total participants

-3.6% from 2022

Average account balance

$101,002

+19.4% from 2022

Annual return

11.98%

+26.64 pp from 2022

Benchmarks

See 3,175 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort3,175 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.21M

Not enough data

1 years with asset history on file

Average account balance

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

$137K

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.

142.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$511K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29061

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 codes2F2G2L2M2S2T3D

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).
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.

Opportunity flags

3 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.
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

$399K

$6882 / participant

Other / not subdivided$399K100.0%

% of EOY assets

5.002%

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

$101,002

$68,398+47.7%

$94,664+6.7%

$75,173+34.4%

Participation rate

96.6%

76.1%+20.5pp

80.8%+15.7pp

67.2%+29.3pp

Annual return

11.98%

616.72%-604.7pp

156.84%-144.9pp

160.72%-148.7pp

Employer contribution / active EE

$3,264

$2,701+20.8%

$3,673-11.1%

$2,671+22.2%

Participant deferral / active EE

$6,565

$6,537+0.4%

$7,417-11.5%

$4,126+59.1%

Admin fee / account holder

$5,053

$5,324-5.1%

$7,222-30.0%

$5,651-10.6%

PUBLIC TELEVISION 19, INC. 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PUBLIC TELEVISION 19, INC. 403(B) 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