Retirement plan

401(K) PROFIT SHARING PLAN OF GREATER TWIN CITIES YOUTH SYMPHONIES

Name: GREATER TWIN CITIES YOUTH SYMPHONIES - 401(K) PROFIT SHARING PLAN OF GREATER TWIN CITIES YOUTH SYMPHONIES (2022) Form 5500
Creator: GREATER TWIN CITIES YOUTH SYMPHONIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN OF GREATER TWIN CITIES YOUTH SYMPHONIES, GREATER TWIN CITIES YOUTH SYMPHONIES

GREATER TWIN CITIES YOUTH SYMPHONIESEIN 41-6038525Plan #001PY 2022

408 SAINT PETER ST STE 300 - SAINT PAUL, MN 551021123651-602-6802

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$448K

-9.9% from 2021

Total participants

+11.1% from 2021

Average account balance

$26,339

-4.6% from 2021

Annual return

-23.49%

-42.84 pp from 2021

Benchmarks

See 39,322 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort39,322 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$816K

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

115.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$88K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+17.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1698

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 codes2F2G2T3D

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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$3K

$186 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.705%

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

$26,339

$92,684-71.6%

$82,706-68.2%

$134,509-80.4%

Participation rate

82.4%

75.2%+7.2pp

72.6%+9.8pp

81.2%+1.1pp

Annual return

-23.49%

945.84%-969.3pp

701.76%-725.3pp

418.13%-441.6pp

Employer contribution / active EE

$1,151

$3,272-64.8%

$3,007-61.7%

$4,741-75.7%

Participant deferral / active EE

$3,000

$4,800-37.5%

$4,394-31.7%

$6,400-53.1%

Admin fee / account holder

$186

$5,982-96.9%

$5,329-96.5%

$11,427-98.4%

401(K) PROFIT SHARING PLAN OF GREATER TWIN CITIES YOUTH SYMPHONIES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN OF GREATER TWIN CITIES YOUTH SYMPHONIES

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