Retirement plan

FLORIDA THEATRE PERFORMING ARTS CENTER, INC TAX DEFERRED ANNUITY PLAN

Name: FLORIDA THEATRE PERFORMING ARTS CENTER, INC. - FLORIDA THEATRE PERFORMING ARTS CENTER, INC TAX DEFERRED ANNUITY PLAN (2023) Form 5500
Creator: FLORIDA THEATRE PERFORMING ARTS CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLORIDA THEATRE PERFORMING ARTS CENTER, INC TAX DEFERRED ANNUITY PLAN, FLORIDA THEATRE PERFORMING ARTS CENTER, INC.

FLORIDA THEATRE PERFORMING ARTS CENTER, INC.EIN 59-2850579Plan #002PY 2023

128 EAST FORSYTH STREET, SUITE 300 - JACKSONVILLE, FL 32202904-562-5976LinkedIn1-10 employeeshealth, wellness and fitness

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$623K

+39.0% from 2022

Total participants

-37.5% from 2022

Average account balance

$28,323

+89.5% from 2022

Annual return

13.35%

+27.37 pp from 2022

Benchmarks

See 9,751 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort9,751 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.16M

Not enough data

1 years with asset history on file

Average account balance

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

$78K

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.

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.

71.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$184K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$383

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2L2T

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$26K

$1086 / participant

Other / not subdivided$26K100.0%

% of EOY assets

4.182%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,323

$156,963-82.0%

$121,204-76.6%

$139,466-79.7%

Participation rate

87.5%

76.5%+11.0pp

69.5%+18.0pp

80.3%+7.2pp

Annual return

13.35%

1476.75%-1463.4pp

987.18%-973.8pp

373.66%-360.3pp

Employer contribution / active EE

$2,432

$5,544-56.1%

$4,170-41.7%

$4,754-48.8%

Participant deferral / active EE

$3,227

$4,848-33.4%

$4,083-21.0%

$6,712-51.9%

Admin fee / account holder

$1,185

$6,953-83.0%

$5,651-79.0%

$11,409-89.6%

FLORIDA THEATRE PERFORMING ARTS CENTER, INC TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FLORIDA THEATRE PERFORMING ARTS CENTER, INC TAX DEFERRED ANNUITY 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