Retirement plan

403(B) THRIFT PLAN FOR EMPLOYEES OF THE CHILDREN'S THEATRE COMPANY

Name: THE CHILDREN'S THEATRE COMPANY - 403(B) THRIFT PLAN FOR EMPLOYEES OF THE CHILDREN'S THEATRE COMPANY (2023) Form 5500
Creator: THE CHILDREN'S THEATRE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF THE CHILDREN'S THEATRE COMPANY, THE CHILDREN'S THEATRE COMPANY

THE CHILDREN'S THEATRE COMPANYEIN 41-1254553Plan #001PY 2023

2400 3RD AVE S - MINNEAPOLIS, MN 554043506612-874-0500childrenstheatre.orgLinkedIn51-200 employeesperforming arts

Other plans on this EIN

2 filings

#002Retirement-$663K assets #003Retirement-$311K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.1M

+23.2% from 2022

Total participants

122

+10.9% from 2022

Average account balance

$58,531

+20.9% from 2022

Annual return

19.10%

+37.78 pp from 2022

Benchmarks

See 3,106 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort3,106 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.41M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

107

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.

133.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$360K

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

+20.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14234

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 codes2G2J2L

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$125K

$1692 / participant

Other / not subdivided$125K100.0%

% of EOY assets

2.038%

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

$58,531

$49,164+19.1%

$121,169-51.7%

$75,181-22.1%

Participation rate

77.0%

55.4%+21.6pp

69.5%+7.5pp

67.2%+9.8pp

Annual return

19.10%

56.03%-36.9pp

986.71%-967.6pp

160.69%-141.6pp

Employer contribution / active EE

$1,074

$1,546-30.6%

$4,168-74.2%

$2,671-59.8%

Participant deferral / active EE

$3,389

$2,628+29.0%

$4,083-17.0%

$4,126-17.9%

Admin fee / account holder

$1,193

$3,942-69.7%

$5,645-78.9%

$5,650-78.9%

403(B) THRIFT PLAN FOR EMPLOYEES OF THE CHILDREN'S THEATRE COMPANY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR EMPLOYEES OF THE CHILDREN'S THEATRE COMPANY

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