Retirement plan

GRAY TELEVISION, INC. CAPITAL ACCUMULATION PLAN

Name: GRAY TELEVISION, INC. - GRAY TELEVISION, INC. CAPITAL ACCUMULATION PLAN (2019) 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 2019

4370 PEACHTREE ROAD, NE - ATLANTA, GA 30319470-225-5412grayfocusmedia.comLinkedIn1-10 employeesmedia production

Other plans on this EIN

1 filing

#001Retirement-$100.0M assets

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$327.8M

-10.5% from 2016

Total participants

8,072

-23.3% from 2016

Average account balance

$43,976

+26.2% from 2016

Annual return

114.17%

+0.30 pp from 2016

Benchmarks

See 32 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants5,000-9,999

Cohort32 peers

Snapshot2019

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 7 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: ADVISED ASSETS GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$154,392
LPL FINANCIAL4 years Service code 27 PO BOX 502533 · SAN DIEGO, CA 921502533	Advisory (Plan)	$117,164
RSM US LLP1 year Filed as: MCGLADREY LLP Service code 99 5155 PAYSPHERE CIRCLE · CHICAGO, IL 60674	Other Fees	$51,805
HOWARD SIMON & ASSOCIATES, INC.1 year Filed as: THE HOWARD E NYHART CO INC Service code 99 8415 ALLISON POINTE BLVD · INDIANAPOLIS, IN 46250	Other Fees	$32,059
GREAT-WEST LIFE & ANNUITY INSURANCE5+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$0
MERIDIAN WEALTH MANAGEMENT LLC2 years Service code 71	Brokerage Fees	$0
TD AMERITRADE, INC.5+ years Filed as: TD AMERITRADE Service code 33	Securities brokerage	$0

Plan features & details

Pension benefit codes2E2F2H2J2K2R

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.

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$355K

$50 / participant

Investment mgmt$355K100.0%

% of EOY assets

0.108%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,976

$90,629-51.5%

$91,994-52.2%

$82,204-46.5%

Participation rate

91.2%

84.5%+6.7pp

78.6%+12.6pp

73.4%+17.8pp

Annual return

114.17%

31.50%+82.7pp

69.04%+45.1pp

26.31%+87.9pp

Employer contribution / active EE

$2,208

$3,242-31.9%

$3,453-36.1%

$2,707-18.4%

Participant deferral / active EE

$3,643

$5,951-38.8%

$5,924-38.5%

$4,246-14.2%

Admin fee / account holder

$48

$81-41.1%

$7,744-99.4%

$76-36.9%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: ADVISED ASSETS GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$154,392

LPL FINANCIAL4 years

Service code 27

PO BOX 502533 · SAN DIEGO, CA 921502533

Advisory (Plan)

$117,164

RSM US LLP1 year

Filed as: MCGLADREY LLP

Service code 99

5155 PAYSPHERE CIRCLE · CHICAGO, IL 60674

Other Fees

$51,805

HOWARD SIMON & ASSOCIATES, INC.1 year

Filed as: THE HOWARD E NYHART CO INC

Service code 99

8415 ALLISON POINTE BLVD · INDIANAPOLIS, IN 46250

Other Fees

$32,059

GREAT-WEST LIFE & ANNUITY INSURANCE5+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

MERIDIAN WEALTH MANAGEMENT LLC2 years

Service code 71

Brokerage Fees

TD AMERITRADE, INC.5+ years

Filed as: TD AMERITRADE

Service code 33

Securities brokerage

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