Retirement plan

WINTERTHUR EMPLOYEE RETIREMENT PLAN

Name: THE HENRY FRANCIS DUPONT WINTERTHUR MUSEUM - WINTERTHUR EMPLOYEE RETIREMENT PLAN (2023) Form 5500
Creator: THE HENRY FRANCIS DUPONT WINTERTHUR MUSEUM
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WINTERTHUR EMPLOYEE RETIREMENT PLAN, THE HENRY FRANCIS DUPONT WINTERTHUR MUSEUM

THE HENRY FRANCIS DUPONT WINTERTHUR MUSEUMEIN 51-0066038Plan #002PY 2023

5105 KENNETT PIKE - WINTERTHUR, DE 197351819302-888-4600LinkedIn201-500 employeesmuseums and institutions

Other plans on this EIN

1 filing

#001Retirement-$42.3M assets

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$17.2M

+16.4% from 2022

Total participants

369

+7.6% from 2022

Average account balance

$62,259

+8.5% from 2022

Annual return

17.02%

+32.69 pp from 2022

Benchmarks

See 451 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants250-999

Cohort451 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.68M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

285

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.

73.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.45M

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

+18.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
GLOBAL RETIREMENT PARTNERS LLC8 years Service code 27 · EIN 47-1411118	Advisory (Plan)	$16,000
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290	Contract Administrator	$3,506

Plan features & details

Pension benefit codes2F2G2L2M2S2T3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$4K

$12 / participant

Contract admin$4K100.0%

% of EOY assets

0.020%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BELFINT, LYONS & SHUMAN, P.A.
Auditor EIN: 510232399
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,259

$53,344+16.7%

$121,210-48.6%

$74,473-16.4%

Participation rate

69.7%

60.0%+9.7pp

69.5%+0.2pp

70.7%-1.0pp

Annual return

17.02%

35.15%-18.1pp

987.41%-970.4pp

34.36%-17.3pp

Employer contribution / active EE

$1,753

$1,898-7.6%

$4,171-58.0%

$2,638-33.6%

Participant deferral / active EE

$2,613

$3,220-18.8%

$4,084-36.0%

$4,530-42.3%

Admin fee / account holder

$13

$382-96.7%

$5,647-99.8%

$347-96.4%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC8 years

Service code 27 · EIN 47-1411118

Advisory (Plan)

$16,000

PRINCIPAL LIFE INSURANCE COMPANY9+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$3,506

WINTERTHUR EMPLOYEE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WINTERTHUR EMPLOYEE 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