Retirement plan

PASADENA SYMPHONY ASSOCIATION 401(K) PROFIT SHARING PLAN AND TRUST

Name: PASADENA SYMPHONY ASSOCIATION - PASADENA SYMPHONY ASSOCIATION 401(K) PROFIT SHARING PLAN AND TRUST (2021) Form 5500
Creator: PASADENA SYMPHONY ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PASADENA SYMPHONY ASSOCIATION 401(K) PROFIT SHARING PLAN AND TRUST, PASADENA SYMPHONY ASSOCIATION

PASADENA SYMPHONY ASSOCIATIONEIN 95-6002375Plan #001PY 2021

150 S. LOS ROBLES AVENUE, SUITE 460 - PASADENA, CA 91101626-793-7172

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$433K

+25.4% from 2020

Total participants

+25.0% from 2020

Average account balance

$48,078

+11.4% from 2020

Annual return

16.04%

+0.25 pp from 2020

Benchmarks

See 44,693 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort44,693 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$583K

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

118.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$28K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+16.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$484

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 codes2F2G2J2T3D

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.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$5K

$460 / participant

Other / not subdivided$5K100.0%

% of EOY assets

1.064%

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

$48,078

$124,351-61.3%

$109,188-56.0%

$167,553-71.3%

Participation rate

90.0%

79.4%+10.6pp

75.9%+14.1pp

82.1%+7.9pp

Annual return

16.04%

26.04%-10.0pp

25.76%-9.7pp

478.89%-462.8pp

Employer contribution / active EE

$4,210-100.0%

$3,723-100.0%

$4,840-100.0%

Participant deferral / active EE

$3,218

$5,257-38.8%

$4,654-30.9%

$6,343-49.3%

Admin fee / account holder

$511

$7,975-93.6%

$6,755-92.4%

$12,316-95.8%

PASADENA SYMPHONY ASSOCIATION 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PASADENA SYMPHONY ASSOCIATION 401(K) PROFIT SHARING PLAN AND TRUST

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