Retirement plan

THE ANSCHUTZ EMPLOYEES' THRIFT SAVINGS PLAN

Name: THE ANSCHUTZ CORPORATION - THE ANSCHUTZ EMPLOYEES' THRIFT SAVINGS PLAN (2022) Form 5500
Creator: THE ANSCHUTZ CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ANSCHUTZ EMPLOYEES' THRIFT SAVINGS PLAN, THE ANSCHUTZ CORPORATION

THE ANSCHUTZ CORPORATIONEIN 84-1179412Plan #001PY 2022

555 17TH STREET SUITE 2400 - DENVER, CO 80202303-299-1391

Prospect flagsHigh retiree %High feesHigh assets / participant

How to read this page

Total assets (EOY)

$89.4M

-18.6% from 2021

Total participants

310

+16.1% from 2021

Average account balance

$288,403

-29.9% from 2021

Annual return

-13.52%

-28.02 pp from 2021

Benchmarks

See 278 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants100-249

Cohort278 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$99.45M

Not enough data

1 years with asset history on file

Average account balance

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

$301K

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.

330

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

$4.42M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+14.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$260

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 2 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$85,839
HALBERT HARGROVE GLOBAL ADVISORS1 year Filed as: HALBERT HARGROVE GLOBAL ADVISORS LL Service code 27 P O BOX 1070 · LONG BEACH, CA 908019931	Advisory (Plan)	$22,676

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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).
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.
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.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$109K

$545 / participant

Investment mgmt$23K20.9%
Contract admin$86K79.1%

% of EOY assets

0.121%

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: EIDE BAILLY
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$288,403

$69,848+312.9%

$115,756+149.1%

$66,938+330.8%

Participation rate

100.0%

70.6%+29.4pp

77.1%+22.9pp

69.8%+30.2pp

Annual return

-13.52%

969.66%-983.2pp

143.14%-156.7pp

1.58%-15.1pp

Employer contribution / active EE

$4,524

$2,613+73.2%

$3,793+19.3%

$2,545+77.8%

Participant deferral / active EE

$12,669

$4,274+196.4%

$6,254+102.6%

$4,238+198.9%

Admin fee / account holder

$350

$337+3.8%

$8,124-95.7%

$594-41.0%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$85,839

HALBERT HARGROVE GLOBAL ADVISORS1 year

Filed as: HALBERT HARGROVE GLOBAL ADVISORS LL

Service code 27

P O BOX 1070 · LONG BEACH, CA 908019931

Advisory (Plan)

$22,676

THE ANSCHUTZ EMPLOYEES' THRIFT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ANSCHUTZ EMPLOYEES' THRIFT SAVINGS 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