Retirement plan

403(B) THRIFT PLAN FOR EMPLOYEES OF CALIFORNIA CENTER FOR THE ARTS, ESCONDIDO, FOUNDATION

Name: CALIFORNIA CENTER FOR THE ARTS - 403(B) THRIFT PLAN FOR EMPLOYEES OF CALIFORNIA CENTER FOR THE ARTS, ESCONDIDO, FOUNDATION (2022) Form 5500
Creator: CALIFORNIA CENTER FOR THE ARTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF CALIFORNIA CENTER FOR THE ARTS, ESCONDIDO, FOUNDATION, CALIFORNIA CENTER FOR THE ARTS

CALIFORNIA CENTER FOR THE ARTSEIN 33-0646517Plan #001PY 2022

340 N ESCONDIDO BLVD - ESCONDIDO, CA 920252600760-839-4160artcenter.orgLinkedIn51-200 employeesperforming arts

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$285K

+9.7% from 2021

Total participants

+29.4% from 2021

Average account balance

$9,207

+9.7% from 2021

Annual return

-14.69%

-28.90 pp from 2021

Benchmarks

See 83 peers

Peer group

IndustryUnknown

Plan typeDefined contribution

Participants25-99

Cohort83 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$400K

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$73K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+18.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2704

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 codes2G3D2J2T

Plan features

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.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3K

$97 / participant

Other / not subdivided$3K100.0%

% of EOY assets

1.017%

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

$9,207

$21,287-56.7%

$68,495-86.6%

Participation rate

56.7%

40.3%+16.4pp

67.9%-11.2pp

Annual return

-14.69%

-16.24%+1.6pp

-7.84%-6.8pp

Employer contribution / active EE

$1,123-100.0%

$2,596-100.0%

Participant deferral / active EE

$2,211

$1,533+44.3%

$4,028-45.1%

Admin fee / account holder

$94

$2,220-95.8%

$5,403-98.3%

403(B) THRIFT PLAN FOR EMPLOYEES OF CALIFORNIA CENTER FOR THE ARTS, ESCONDIDO, FOUNDATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR EMPLOYEES OF CALIFORNIA CENTER FOR THE ARTS, ESCONDIDO, FOUNDATION

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