Retirement plan

GRANT PARK ORCHESTRAL ASSOCIATION 403(B) PLAN

Name: GRANT PARK ORCHESTRAL ASSOCIATION - GRANT PARK ORCHESTRAL ASSOCIATION 403(B) PLAN (2015) Form 5500
Creator: GRANT PARK ORCHESTRAL ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GRANT PARK ORCHESTRAL ASSOCIATION 403(B) PLAN, GRANT PARK ORCHESTRAL ASSOCIATION

GRANT PARK ORCHESTRAL ASSOCIATIONEIN 32-0005884Plan #001PY 2015

205 EAST RANDOLPH STREET - CHICAGO, IL 60601312-742-7637grantparkmusicfestival.comLinkedIn1-10 employees

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$242K

No prior year

Total participants

No prior year

Average account balance

$34,539

No prior year

Annual return

-4.78%

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

$1.37M

Not enough data

1 years with asset history on file

Average account balance

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

$114K

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$141K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2F2G2J2L2T

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.
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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$34,539

$140,578-75.4%

$100,671-65.7%

$125,389-72.5%

Participation rate

85.7%

80.4%+5.3pp

70.7%+15.0pp

83.2%+2.5pp

Annual return

-4.78%

24.67%-29.5pp

20.43%-25.2pp

282.24%-287.0pp

Employer contribution / active EE

$2,048

$5,965-65.7%

$4,012-49.0%

$4,866-57.9%

Participant deferral / active EE

$9,576

$3,981+140.5%

$3,144+204.6%

$5,352+78.9%

Admin fee / account holder

$6,716-100.0%

$4,850-100.0%

$9,541-100.0%

GRANT PARK ORCHESTRAL ASSOCIATION 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

GRANT PARK ORCHESTRAL ASSOCIATION 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion