Retirement plan

SAN DIEGO YOUTH SYMPHONY 401(K) PROFIT SHARING PLAN TRUST

Name: SAN DIEGO YOUTH SYMPHONY AND CON - SAN DIEGO YOUTH SYMPHONY 401(K) PROFIT SHARING PLAN TRUST (2022) Form 5500
Creator: SAN DIEGO YOUTH SYMPHONY AND CON
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAN DIEGO YOUTH SYMPHONY 401(K) PROFIT SHARING PLAN TRUST, SAN DIEGO YOUTH SYMPHONY AND CON

SAN DIEGO YOUTH SYMPHONY AND CONEIN 23-7380943Plan #001PY 2022

1650 EL PRADO #207A - SAN DIEGO, CA 92101619-233-3232sdys.orgLinkedIn51-200 employeesmusic

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$510K

+2.7% from 2021

Total participants

+25.0% from 2021

Average account balance

$18,879

-16.3% from 2021

Annual return

-16.21%

-31.39 pp from 2021

Benchmarks

See 2,894 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort2,894 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$876K

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

47.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$147K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1078

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 codes2E2F2G2J2T3D

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.
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.
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

$6K

$111 / participant

Other / not subdivided$6K100.0%

% of EOY assets

1.159%

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

$18,879

$46,697-59.6%

$117,529-83.9%

$68,490-72.4%

Participation rate

28.3%

56.8%-28.5pp

70.6%-42.3pp

67.9%-39.6pp

Annual return

-16.21%

-14.52%-1.7pp

29.77%-46.0pp

-7.85%-8.4pp

Employer contribution / active EE

$1,506-100.0%

$4,179-100.0%

$2,597-100.0%

Participant deferral / active EE

$1,770

$2,637-32.9%

$4,072-56.5%

$4,028-56.1%

Admin fee / account holder

$219

$4,023-94.6%

$5,645-96.1%

$5,403-95.9%

SAN DIEGO YOUTH SYMPHONY 401(K) PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAN DIEGO YOUTH SYMPHONY 401(K) PROFIT SHARING PLAN TRUST

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