Retirement plan

GRAY TELEVISION, INC. CAPITAL ACCUMULATION PLAN

Name: GRAY TELEVISION, INC. - GRAY TELEVISION, INC. CAPITAL ACCUMULATION PLAN (2015) Form 5500
Creator: GRAY TELEVISION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GRAY TELEVISION, INC. CAPITAL ACCUMULATION PLAN, GRAY TELEVISION, INC.

GRAY TELEVISION, INC.EIN 58-0285030Plan #003PY 2015

4370 PEACHTREE ROAD, NE - ATLANTA, GA 30319470-225-5408grayfocusmedia.comLinkedIn1-10 employeesmedia production

Other plans on this EIN

1 filing

#001Retirement-$72.0M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$101.9M

-10.5% from 2016

Total participants

2,921

-23.3% from 2016

Average account balance

$38,996

+26.2% from 2016

Annual return

7.19%

+0.30 pp from 2016

Benchmarks

See 171 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants1,000-4,999

Cohort171 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$657.12M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

10,854

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$83.88M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+10.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$118

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
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL LLC Service code 27 PO BOX 509026 · SAN DIEGO, CA 921509026	Advisory (Plan)	$113,024
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: ADVISED ASSET GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$17,734
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$5,120
TD AMERITRADE, INC.1+ years Filed as: TD AMERITRADE Service code 33 200 S. 108TH AVENUE · OMAHA, NE 68154	Securities brokerage	$1,508

Plan features & details

Pension benefit codes2E2F2H2J2K2R3H

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$137K

$60 / participant

Investment mgmt$132K96.3%
Contract admin$5K3.7%

% of EOY assets

0.135%

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

$38,996

$68,092-42.7%

$73,309-46.8%

$59,188-34.1%

Participation rate

86.5%

78.1%+8.5pp

74.9%+11.6pp

69.4%+17.1pp

Annual return

7.19%

5.93%+1.3pp

5.67%+1.5pp

5.51%+1.7pp

Employer contribution / active EE

$803

$2,018-60.2%

$3,237-75.2%

$2,098-61.7%

Participant deferral / active EE

$2,842

$5,041-43.6%

$4,991-43.1%

$3,265-13.0%

Admin fee / account holder

$53

$630-91.7%

$5,635-99.1%

$92-43.0%

Provider

Service type

Compensation

LPL FINANCIAL1+ years

Filed as: LPL FINANCIAL LLC

Service code 27

PO BOX 509026 · SAN DIEGO, CA 921509026

Advisory (Plan)

$113,024

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: ADVISED ASSET GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$17,734

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$5,120

TD AMERITRADE, INC.1+ years

Filed as: TD AMERITRADE

Service code 33

200 S. 108TH AVENUE · OMAHA, NE 68154

Securities brokerage

$1,508

GRAY TELEVISION, INC. CAPITAL ACCUMULATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GRAY TELEVISION, INC. CAPITAL ACCUMULATION 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