Retirement plan

ORLANDO MAGIC 401(K) RETIREMENT PLAN

Name: ORLANDO MAGIC, LTD. - ORLANDO MAGIC 401(K) RETIREMENT PLAN (2015) Form 5500
Creator: ORLANDO MAGIC, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORLANDO MAGIC 401(K) RETIREMENT PLAN, ORLANDO MAGIC, LTD.

ORLANDO MAGIC, LTD.EIN 59-3089276Plan #001PY 2015

8701 MAITLAND SUMMIT BLVD - ORLANDO, FL 328105915407-916-2744orlandomagic.comLinkedIn501-1000 employeessports

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed February 15, 2005 (most recent of 2 filings on file)

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.

Open the filing PDF

How to read this page

Total assets (EOY)

$13.5M

No prior year

Total participants

275

No prior year

Average account balance

$57,504

No prior year

Annual return

-0.21%

No prior year

Benchmarks

See 515 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort515 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$39.04M

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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.

408

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.

94.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.33M

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

+14.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$279

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 5 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS1+ years Service code 12 · EIN 13-3689044	Float revenue; Direct payment from th...	$33,846
TRANSAMERICA RETIREMENT SOLUTIONS1+ years Filed as: TRANSAMERICA FINANCIAL ADVISOR Service code 16 570 CARILLON PARKWAY · ST. PETERSBURG, FL 33716	Consulting	$30,370
KPMG LLP1+ years Service code 10 · EIN 13-5565207	Accounting	$13,000
MID ATLANTIC CAPITAL CORPORATION1+ years Service code 33 · EIN 25-1409618	Securities brokerage commissions and ...	$0
NATIONAL FINANCIAL SERVICES1+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2F2G2J2K2T

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.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$47K

$227 / participant

Other / not subdivided$47K100.0%

% of EOY assets

0.347%

all-in expense ratio

Categories reported

0 / 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: KPMG, LLP
Auditor EIN: 135565207
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,504

$37,134+54.9%

$100,671-42.9%

$52,331+9.9%

Participation rate

80.6%

57.7%+22.9pp

70.7%+9.9pp

68.1%+12.5pp

Annual return

-0.21%

0.10%-0.3pp

20.43%-20.6pp

4.54%-4.8pp

Employer contribution / active EE

$1,855

$1,187+56.2%

$4,012-53.8%

$1,882-1.4%

Participant deferral / active EE

$4,794

$2,163+121.6%

$3,144+52.5%

$3,022+58.6%

Admin fee / account holder

$199

$467-57.3%

$4,850-95.9%

$592-66.3%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS1+ years

Service code 12 · EIN 13-3689044

Float revenue; Direct payment from th...

$33,846

TRANSAMERICA RETIREMENT SOLUTIONS1+ years

Filed as: TRANSAMERICA FINANCIAL ADVISOR

Service code 16

570 CARILLON PARKWAY · ST. PETERSBURG, FL 33716

Consulting

$30,370

KPMG LLP1+ years

Service code 10 · EIN 13-5565207

Accounting

$13,000

MID ATLANTIC CAPITAL CORPORATION1+ years

Service code 33 · EIN 25-1409618

Securities brokerage commissions and ...

NATIONAL FINANCIAL SERVICES1+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

ORLANDO MAGIC 401(K) RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORLANDO MAGIC 401(K) 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