Retirement plan

BALTIMORE ORIOLES LIMITED PARTNERSHIP PROFIT SHARING & SAVINGS PLAN

Name: BALTIMORE ORIOLES LIMITED PARTNERSHIP - BALTIMORE ORIOLES LIMITED PARTNERSHIP PROFIT SHARING & SAVINGS PLAN (2022) Form 5500
Creator: BALTIMORE ORIOLES LIMITED PARTNERSHIP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BALTIMORE ORIOLES LIMITED PARTNERSHIP PROFIT SHARING & SAVINGS PLAN, BALTIMORE ORIOLES LIMITED PARTNERSHIP

BALTIMORE ORIOLES LIMITED PARTNERSHIPEIN 52-1837282Plan #001PY 2022

333 WEST CAMDEN STREET - BALTIMORE, MD 21201410-547-6147

Other plans on this EIN

1 filing

#002Retirement-$57.8M assets

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$33.1M

-14.5% from 2021

Total participants

835

+3.5% from 2021

Average account balance

$60,885

-9.0% from 2021

Annual return

-15.07%

-30.55 pp from 2021

Benchmarks

See 426 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants250-999

Cohort426 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$46.93M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

706

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.

32.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.81M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+15.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$152

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 3 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.3 years Service code 13 · EIN 27-2037969	Contract Administrator	$58,615
PNC BANK, N.A.1 year Filed as: PNC BANK Service code 26 300 FIFTH AVENUE · PITTSBURGH, PA 15222	Advisory (Participants)	$24,287
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131	Bank Trustee	$7,333

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.

Opportunity flags

3 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).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$90K

$153 / participant

Investment mgmt$24K26.9%
Contract admin$59K65.0%
Other / not subdivided$7K8.1%

% of EOY assets

0.273%

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: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,885

$47,898+27.1%

$117,533-48.2%

$64,819-6.1%

Participation rate

50.3%

61.9%-11.5pp

70.6%-20.3pp

71.5%-21.1pp

Annual return

-15.07%

-15.54%+0.5pp

29.77%-44.8pp

32.84%-47.9pp

Employer contribution / active EE

$2,027

$1,774+14.3%

$4,179-51.5%

$2,507-19.1%

Participant deferral / active EE

$2,347

$3,151-25.5%

$4,072-42.4%

$4,311-45.6%

Admin fee / account holder

$166

$132+26.1%

$5,647-97.1%

$188-11.5%

Provider

Service type

Compensation

NEWPORT GROUP, INC.3 years

Service code 13 · EIN 27-2037969

Contract Administrator

$58,615

PNC BANK, N.A.1 year

Filed as: PNC BANK

Service code 26

300 FIFTH AVENUE · PITTSBURGH, PA 15222

Advisory (Participants)

$24,287

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT TRUST COMPANY

Service code 21 · EIN 27-4411131

Bank Trustee

$7,333

BALTIMORE ORIOLES LIMITED PARTNERSHIP PROFIT SHARING & SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BALTIMORE ORIOLES LIMITED PARTNERSHIP PROFIT SHARING & SAVINGS 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