Retirement plan

AMERICAN RADIO AND TELEVISION 401(K) PLAN AND TRUST

Name: AMERICAN RADIO TELEVISION CABLE, INC. - AMERICAN RADIO AND TELEVISION 401(K) PLAN AND TRUST (2016) Form 5500
Creator: AMERICAN RADIO TELEVISION CABLE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN RADIO AND TELEVISION 401(K) PLAN AND TRUST, AMERICAN RADIO TELEVISION CABLE, INC.

AMERICAN RADIO TELEVISION CABLE, INC.EIN 56-2043596Plan #001PY 2016

PO BOX 32488, ONE TELEVISION PLACE - CHARLOTTE, NC 282322488704-632-7246

Prospect flagsHigh feesLow participationLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$16.3M

+9.1% from 2015

Total participants

558

+1.6% from 2015

Average account balance

$69,487

+11.9% from 2015

Annual return

9.33%

+11.79 pp from 2015

Benchmarks

See 503 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort503 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.02M

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

223

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.

49.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$950K

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

+14.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$402

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
TD AMERITRADE, INC.2+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 21 717 17TH STREET · DENVER, CO 802023331	Bank Trustee	$45,821
PROFESSIONAL CAPITAL SERVICES, LLC2+ years Service code 13 1801 MARKET STREET · PHILADELPHIA, PA 19103	Contract Administrator	$39,367
DAVIDSON CAPITAL CORPORATION2+ years Service code 27 705 PENINSULA DRIVE · DAVIDSON, NC 28036	Advisory (Plan)	$15,949

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

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$111K

$218 / participant

Investment mgmt$62K55.9%
Contract admin$39K35.6%
Other / not subdivided$9K8.5%

% of EOY assets

0.677%

all-in expense ratio

Categories reported

2 / 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: GRANT THORNTON
Auditor EIN: 366055558
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,487

$56,640+22.7%

$80,977-14.2%

$57,658+20.5%

Participation rate

36.4%

75.9%-39.4pp

75.8%-39.4pp

70.2%-33.8pp

Annual return

9.33%

19.97%-10.6pp

17.11%-7.8pp

5.13%+4.2pp

Employer contribution / active EE

$2,085-100.0%

$3,715-100.0%

$1,974-100.0%

Participant deferral / active EE

$1,786

$4,944-63.9%

$5,696-68.6%

$3,061-41.6%

Admin fee / account holder

$471

$87+440.3%

$5,517-91.5%

$95+397.8%

Provider

Service type

Compensation

TD AMERITRADE, INC.2+ years

Filed as: TD AMERITRADE TRUST COMPANY

Service code 21

717 17TH STREET · DENVER, CO 802023331

Bank Trustee

$45,821

PROFESSIONAL CAPITAL SERVICES, LLC2+ years

Service code 13

1801 MARKET STREET · PHILADELPHIA, PA 19103

Contract Administrator

$39,367

DAVIDSON CAPITAL CORPORATION2+ years

Service code 27

705 PENINSULA DRIVE · DAVIDSON, NC 28036

Advisory (Plan)

$15,949

AMERICAN RADIO AND TELEVISION 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN RADIO AND TELEVISION 401(K) PLAN AND TRUST

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