Retirement plan

THE WORKS 401(K) SAVINGS PLAN

Name: THE WORKS OHIO CENTER FOR HISTORY, ART & TECHNOLOGY - THE WORKS 401(K) SAVINGS PLAN (2015) Form 5500
Creator: THE WORKS OHIO CENTER FOR HISTORY, ART & TECHNOLOGY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE WORKS 401(K) SAVINGS PLAN, THE WORKS OHIO CENTER FOR HISTORY, ART & TECHNOLOGY

THE WORKS OHIO CENTER FOR HISTORY, ART & TECHNOLOGYEIN 31-1395941Plan #001PY 2015

PO BOX 721 - NEWARK, OH 430580721740-349-9277attheworks.orgLinkedIn11-50 employeesmuseums and institutions

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$446K

No prior year

Total participants

No prior year

Average account balance

$40,545

No prior year

Annual return

0.98%

No prior year

Benchmarks

See 5,117 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort5,117 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$519K

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

81.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$51K

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

+15.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3352

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 codes2E2F2J3D

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).
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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$835

$38 / participant

Other / not subdivided$835100.0%

% of EOY assets

0.187%

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

$40,545

$140,578-71.2%

$100,671-59.7%

$125,393-67.7%

Participation rate

40.9%

80.4%-39.5pp

70.7%-29.8pp

83.2%-42.3pp

Annual return

0.98%

24.67%-23.7pp

20.43%-19.4pp

282.23%-281.3pp

Employer contribution / active EE

$44

$5,965-99.3%

$4,012-98.9%

$4,866-99.1%

Participant deferral / active EE

$1,747

$3,981-56.1%

$3,144-44.4%

$5,351-67.4%

Admin fee / account holder

$76

$6,716-98.9%

$4,850-98.4%

$9,541-99.2%

THE WORKS 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE WORKS 401(K) 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