Retirement plan

FORT WAYNE PUBLIC TELEVISION, INC. RETIREMENT PLAN

Name: FORT WAYNE PUBLIC TELEVISION, INC. WFWA-PBS39 - FORT WAYNE PUBLIC TELEVISION, INC. RETIREMENT PLAN (2017) Form 5500
Creator: FORT WAYNE PUBLIC TELEVISION, INC. WFWA-PBS39
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FORT WAYNE PUBLIC TELEVISION, INC. RETIREMENT PLAN, FORT WAYNE PUBLIC TELEVISION, INC. WFWA-PBS39

FORT WAYNE PUBLIC TELEVISION, INC. WFWA-PBS39EIN 23-7173906Plan #001PY 2017

2501 E COLISEUM BOULEVARD - FORT WAYNE, IN 468051562260-484-8839LinkedIn11-50 employeespublishing

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.2M

+16.9% from 2016

Total participants

-44.4% from 2016

Average account balance

$53,891

+22.2% from 2016

Annual return

13.32%

-54.89 pp from 2016

Benchmarks

See 8,045 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort8,045 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.40M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

184.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$140K

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

+9.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16070

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 codes2F2G2L2T

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.
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.)
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

$49K

$2593 / participant

Other / not subdivided$49K100.0%

% of EOY assets

4.155%

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

$53,891

$105,856-49.1%

$90,161-40.2%

$147,586-63.5%

Participation rate

84.2%

79.7%+4.5pp

76.9%+7.3pp

82.8%+1.4pp

Annual return

13.32%

37.63%-24.3pp

34.89%-21.6pp

578.59%-565.3pp

Employer contribution / active EE

$607

$4,126-85.3%

$3,318-81.7%

$4,876-87.5%

Participant deferral / active EE

$3,532

$5,733-38.4%

$5,287-33.2%

$5,439-35.1%

Admin fee / account holder

$2,239

$8,046-72.2%

$5,943-62.3%

$10,886-79.4%

FORT WAYNE PUBLIC TELEVISION, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FORT WAYNE PUBLIC TELEVISION, INC. RETIREMENT 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