Retirement plan

DEFINED BENEFIT RETIREMENT INCOME PLAN FOR CERTAIN EMPLOYEES OF AMERICAN MULTI-CINEMA, INC.

Name: AMERICAN MULTI-CINEMA, INC. - DEFINED BENEFIT RETIREMENT INCOME PLAN FOR CERTAIN EMPLOYEES OF AMERICAN MULTI-CINEMA, INC. (2023) Form 5500
Creator: AMERICAN MULTI-CINEMA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEFINED BENEFIT RETIREMENT INCOME PLAN FOR CERTAIN EMPLOYEES OF AMERICAN MULTI-CINEMA, INC., AMERICAN MULTI-CINEMA, INC.

AMERICAN MULTI-CINEMA, INC.EIN 43-0908577Plan #001PY 2023

11500 ASH STREET - LEAWOOD, KS 66211913-213-2000

Other plans on this EIN

2 filings

#002Retirement-$231.9M assets #003Retirement-$7.2M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$53.7M

-3.5% from 2016

Total participants

1,275

+3.6% from 2016

Average account balance

No prior year

Annual return

6.72%

-9.55 pp from 2016

Benchmarks

See 31 peers

Peer group

Industry51 - Information

Plan typeDefined benefit

Participants250-999

Cohort31 peers

Snapshot2023

Participant deferral / active EE

median $0

Employer contribution / active EE

$9,210

median $3,206

Participation rate

0.0%

median 0.0%

Avg account balance

median $134,777

Admin fee / account holder

median $1,040

Annual return

6.72%

median 10.18%

Overall peer rank

28of 100

28th percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$53.15M

Average account balance

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

$43K

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

982

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Contributions (total)

Employer and participant dollars contributed each year

$1.32M

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+2.26%

Admin fee / account holder

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

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

Service providers

Top 3 by compensation

Provider	Service type	Compensation
ALAN BILLER & ASSOCIATES7 years Filed as: ALAN D BILLER & ASSOCIATES Service code 27 · EIN 94-2854958	Advisory (Plan)	$171,750
TRANSAMERICA RETIREMENT SOLUTIONS7 years Service code 11 · EIN 13-3689044	Actuarial	$159,387
JPMORGAN INVEST HOLDINGS LLC4 years Filed as: JPMORGAN Service code 27 · EIN 13-4043930	Advisory (Plan)	$54,950

Enrolled actuary

1 attachment

MATTHEW C. BURLEY, A.S.A., E.A.

TRANSAMERICA

Enrollment #2305956

PO BOX 428

CEDAR RAPIDS, IA 524060428

(508) 903-6015

Signed 2024-09-23

Plan features & details

Pension benefit codes1A1I3H

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
1I
Frozen plan
As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$1.4M

$4962 / participant

Recordkeeping$148K11.0%
Investment mgmt$227K16.7%
Actuarial$11K0.8%
Other / not subdivided$969K71.5%

% of EOY assets

2.524%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$3,299,877-100.0%

$331,632-100.0%

$3,299,877-100.0%

Participation rate

0.0%

0.0%0pp

50.0%-50.0pp

2.3%-2.3pp

Annual return

6.72%

18.69%-12.0pp

10.60%-3.9pp

37.77%-31.1pp

Employer contribution / active EE

$9,210

$12,263-24.9%

$43,831-79.0%

$15,798-41.7%

Participant deferral / active EE

$0-100.0%

$166-100.0%

$732-100.0%

Admin fee / account holder

$9,287-100.0%

$25,063-100.0%

$9,287-100.0%

Provider

Service type

Compensation

ALAN BILLER & ASSOCIATES7 years

Filed as: ALAN D BILLER & ASSOCIATES

Service code 27 · EIN 94-2854958

Advisory (Plan)

$171,750

TRANSAMERICA RETIREMENT SOLUTIONS7 years

Service code 11 · EIN 13-3689044

Actuarial

$159,387

JPMORGAN INVEST HOLDINGS LLC4 years

Filed as: JPMORGAN

Service code 27 · EIN 13-4043930

Advisory (Plan)

$54,950

DEFINED BENEFIT RETIREMENT INCOME PLAN FOR CERTAIN EMPLOYEES OF AMERICAN MULTI-CINEMA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

MATTHEW C. BURLEY, A.S.A., E.A.

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEFINED BENEFIT RETIREMENT INCOME PLAN FOR CERTAIN EMPLOYEES OF AMERICAN MULTI-CINEMA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

MATTHEW C. BURLEY, A.S.A., E.A.

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