Retirement plan

DAVID A. STRAZ JR. CENTER FOR THE PERFORMING ARTS RETIREMENT PLAN

Name: TAMPA BAY PERFORMING ARTS CENTER INC., DBA DAVID A. STRAZ JR. CENTER - DAVID A. STRAZ JR. CENTER FOR THE PERFORMING ARTS RETIREMENT PLAN (2020) Form 5500
Creator: TAMPA BAY PERFORMING ARTS CENTER INC., DBA DAVID A. STRAZ JR. CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVID A. STRAZ JR. CENTER FOR THE PERFORMING ARTS RETIREMENT PLAN, TAMPA BAY PERFORMING ARTS CENTER INC., DBA DAVID A. STRAZ JR. CENTER

TAMPA BAY PERFORMING ARTS CENTER INC., DBA DAVID A. STRAZ JR. CENTEREIN 59-2037085Plan #001PY 2020

1010 NORTH W.C. MACINNES PLACE - TAMPA, FL 33602813-222-1043LinkedIn201-500 employeesperforming arts

Prospect flagsLow participation

Top hat statement on fileNQDC

Filed December 31, 2008

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$12.5M

+11.2% from 2019

Total participants

451

+35.0% from 2019

Average account balance

$33,085

-3.8% from 2019

Annual return

13.54%

-3.34 pp from 2019

Benchmarks

See 554 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort554 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.38M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

450

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.

50.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$202

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 10 of 15 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49 · EIN 04-1590850	Other Services	$53,682
RETIREMENT SOLUTIONS SPECIALISTS2 years Service code 13 · EIN 27-0293282	Contract Administrator	$19,203
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVICES, INC. Service code 27 · EIN 13-2638166	Advisory (Plan)	$15,204
AMERICAN CENTURY2 years Service code 52 · EIN 44-6006315	Indirect Investment Fees	$0
AMERICAN FUNDS2 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
BLACKROCK2 years Service code 52 · EIN 51-0318674	Indirect Investment Fees	$0
COLUMBIA2 years Service code 52 · EIN 36-3376651	Indirect Investment Fees	$0
INVESCO2 years Service code 52 · EIN 13-2649093	Indirect Investment Fees	$0
JANUS HENDERSON2 years Service code 52 · EIN 84-0592523	Indirect Investment Fees	$0
LORD ABBETT2 years Service code 52 · EIN 13-2669319	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2F2G2K2L2M2T3D

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.
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.
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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$69K

$378 / participant

Investment mgmt$60K86.5%
Contract admin$9K12.9%
Other / not subdivided$3920.6%

% of EOY assets

0.551%

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: CHERRY BEKAERT LLP
Auditor EIN: 560574444
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,085

$53,901-38.6%

$134,162-75.3%

$73,493-55.0%

Participation rate

59.9%

62.8%-2.9pp

72.2%-12.3pp

70.7%-10.8pp

Annual return

13.54%

15.82%-2.3pp

36.35%-22.8pp

28.51%-15.0pp

Employer contribution / active EE

$2,372

$1,458+62.6%

$3,705-36.0%

$2,270+4.5%

Participant deferral / active EE

$1,879

$2,739-31.4%

$3,500-46.3%

$3,740-49.7%

Admin fee / account holder

$182

$581-68.6%

$6,685-97.3%

$513-64.5%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 49 · EIN 04-1590850

Other Services

$53,682

RETIREMENT SOLUTIONS SPECIALISTS2 years

Service code 13 · EIN 27-0293282

Contract Administrator

$19,203

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVICES, INC.

Service code 27 · EIN 13-2638166

Advisory (Plan)

$15,204

AMERICAN CENTURY2 years

Service code 52 · EIN 44-6006315

Indirect Investment Fees

AMERICAN FUNDS2 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

BLACKROCK2 years

Service code 52 · EIN 51-0318674

Indirect Investment Fees

COLUMBIA2 years

Service code 52 · EIN 36-3376651

Indirect Investment Fees

INVESCO2 years

Service code 52 · EIN 13-2649093

Indirect Investment Fees

JANUS HENDERSON2 years

Service code 52 · EIN 84-0592523

Indirect Investment Fees

LORD ABBETT2 years

Service code 52 · EIN 13-2669319

Indirect Investment Fees

DAVID A. STRAZ JR. CENTER FOR THE PERFORMING ARTS RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAVID A. STRAZ JR. CENTER FOR THE PERFORMING ARTS RETIREMENT PLAN

Top hat statement on fileNQDC

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