Retirement plan

DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN

Name: DISCOVERY PLACE, INC. - DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN (2015) Form 5500
Creator: DISCOVERY PLACE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN, DISCOVERY PLACE, INC.

DISCOVERY PLACE, INC.EIN 56-0529944Plan #001PY 2015

301 NORTH TRYON STREET - CHARLOTTE, NC 282022138704-372-6261discoveryplacemuseums.orgLinkedIn201-500 employeesmuseums and institutions

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$3.8M

No prior year

Total participants

200

No prior year

Average account balance

$19,772

No prior year

Annual return

-0.73%

No prior year

Benchmarks

See 515 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort515 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.92M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

178

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.

76.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$593K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$251

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
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290	Contract Administrator	$12,103
NFP RETIREMENT INC1+ years Filed as: NFP ADVISOR SERVICES LLC Service code 49 · EIN 74-2794194	Other Services	$11,562

Plan features & details

Pension benefit codes2F2G2L2M2S2T

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.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$12K

$84 / participant

Contract admin$12K100.0%

% of EOY assets

0.322%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: LONG CPA, PLLC
Auditor EIN: 811806291
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,772

$37,134-46.8%

$100,671-80.4%

$52,331-62.2%

Participation rate

93.1%

57.7%+35.4pp

70.7%+22.3pp

68.1%+25.0pp

Annual return

-0.73%

0.10%-0.8pp

20.43%-21.2pp

4.54%-5.3pp

Employer contribution / active EE

$1,416

$1,187+19.2%

$4,012-64.7%

$1,882-24.8%

Participant deferral / active EE

$1,686

$2,163-22.0%

$3,144-46.4%

$3,022-44.2%

Admin fee / account holder

$64

$467-86.4%

$4,850-98.7%

$592-89.2%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$12,103

NFP RETIREMENT INC1+ years

Filed as: NFP ADVISOR SERVICES LLC

Service code 49 · EIN 74-2794194

Other Services

$11,562

DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DISCOVERY PLACE, INC. RETIREMENT 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