Retirement plan

MID AMERICA FESTIVALS CORPORATION 401(K) SAVINGS & RETIREMENT PLAN

Name: MID AMERICA FESTIVALS CORPORATION - MID AMERICA FESTIVALS CORPORATION 401(K) SAVINGS & RETIREMENT PLAN (2017) Form 5500
Creator: MID AMERICA FESTIVALS CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MID AMERICA FESTIVALS CORPORATION 401(K) SAVINGS & RETIREMENT PLAN, MID AMERICA FESTIVALS CORPORATION

MID AMERICA FESTIVALS CORPORATIONEIN 41-1278946Plan #001PY 2017

1244 SOUTH CANTERBURY ROAD, STE 306 - SHAKOPEE, MN 55379952-698-9529mafestivals.comLinkedIn11-50 employeesevents services

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$278K

+19.3% from 2016

Total participants

-18.2% from 2016

Average account balance

$69,583

-10.5% from 2016

Annual return

18.78%

+12.76 pp from 2016

Benchmarks

See 6,539 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort6,539 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$250K

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$34K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+9.04%

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 codes2E2F2G2J2T3B3D3H

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$13

$1 / participant

Other / not subdivided$13100.0%

% of EOY assets

0.005%

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

$69,583

$165,939-58.1%

$122,354-43.1%

$147,586-52.9%

Participation rate

22.2%

79.6%-57.4pp

71.6%-49.4pp

82.8%-60.6pp

Annual return

18.78%

34.56%-15.8pp

30.28%-11.5pp

578.59%-559.8pp

Employer contribution / active EE

$5,754-100.0%

$4,051-100.0%

$4,876-100.0%

Participant deferral / active EE

$66

$4,005-98.4%

$3,287-98.0%

$5,439-98.8%

Admin fee / account holder

$7,425-100.0%

$5,479-99.9%

$10,886-100.0%

MID AMERICA FESTIVALS CORPORATION 401(K) SAVINGS & RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MID AMERICA FESTIVALS CORPORATION 401(K) SAVINGS & RETIREMENT 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