Retirement plan

FELD ENTERTAINMENT, INC. 401(K) PLAN

Name: FELD ENTERTAINMENT, INC. - FELD ENTERTAINMENT, INC. 401(K) PLAN (2023) Form 5500
Creator: FELD ENTERTAINMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FELD ENTERTAINMENT, INC. 401(K) PLAN, FELD ENTERTAINMENT, INC.

FELD ENTERTAINMENT, INC.EIN 52-0996636Plan #001PY 2023

800 FELD WAY BENEFITS DEPT. - PALMETTO, FL 34221941-721-1337feldentertainment.comLinkedIn1001-5000 employeesentertainment

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$81.8M

+24.5% from 2022

Total participants

1,481

+9.5% from 2022

Average account balance

$89,233

+19.2% from 2022

Annual return

20.11%

+37.07 pp from 2022

Benchmarks

See 145 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants1,000-4,999

Cohort145 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$96.22M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

1,018

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.

58.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.93M

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

+14.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$112

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$67,303
MERRILL LYNCH PIERCE FENNER & SMITH6 years Service code 27 1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534	Advisory (Plan)	$40,367
ACCELL AUDIT & COMPLIANCE PA6 years Service code 10 4806 W GRADY BLVD · TAMPA, FL 33611	Accounting	$14,000
QDRO CONSULTANTS COMPANY, LLC1 year Service code 16 3071 PEARL ROAD · MEDINA, OH 44256	Consulting	$300

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$114K

$102 / participant

Recordkeeping$59K52.0%
Investment mgmt$40K35.4%
Other / not subdivided$14K12.6%

% of EOY assets

0.139%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ACCELL CPA & ASSOCIATES, P.A.
Auditor EIN: 991680488
Audit fees: $14,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$89,233

$57,570+55.0%

$121,204-26.4%

$80,157+11.3%

Participation rate

49.6%

58.8%-9.3pp

69.5%-20.0pp

72.9%-23.4pp

Annual return

20.11%

20.42%-0.3pp

987.18%-967.1pp

40.39%-20.3pp

Employer contribution / active EE

$1,340

$2,119-36.8%

$4,170-67.9%

$2,977-55.0%

Participant deferral / active EE

$3,503

$3,092+13.3%

$4,083-14.2%

$5,015-30.2%

Admin fee / account holder

$124

$121+2.5%

$5,651-97.8%

$145-14.3%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$67,303

MERRILL LYNCH PIERCE FENNER & SMITH6 years

Service code 27

1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534

Advisory (Plan)

$40,367

ACCELL AUDIT & COMPLIANCE PA6 years

Service code 10

4806 W GRADY BLVD · TAMPA, FL 33611

Accounting

$14,000

QDRO CONSULTANTS COMPANY, LLC1 year

Service code 16

3071 PEARL ROAD · MEDINA, OH 44256

Consulting

$300

FELD ENTERTAINMENT, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FELD ENTERTAINMENT, INC. 401(K) 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