Retirement plan

EDGEWOOD CAPITAL ADVISORS 401(K) PLAN

Name: EDGEWOOD CAPITAL ADVISORS, LLC - EDGEWOOD CAPITAL ADVISORS 401(K) PLAN (2016) Form 5500
Creator: EDGEWOOD CAPITAL ADVISORS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EDGEWOOD CAPITAL ADVISORS 401(K) PLAN, EDGEWOOD CAPITAL ADVISORS, LLC

EDGEWOOD CAPITAL ADVISORS, LLCEIN 01-0653951Plan #001PY 2016

250 PEQUOT AVENUE - SOUTHPORT, CT 06890203-255-1700edgewoodcapital.comLinkedIn11-50 employeesreal estate

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$965K

-6.5% from 2015

Total participants

+23.1% from 2015

Average account balance

$137,916

-6.5% from 2015

Annual return

8.09%

+12.05 pp from 2015

Benchmarks

See 13,988 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort13,988 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.15M

Not enough data

1 years with asset history on file

Average account balance

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

$286K

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.

112.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$372K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+21.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1438

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 codes2E2G2J2F3D

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

$237K

$16940 / participant

Other / not subdivided$237K100.0%

% of EOY assets

24.566%

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

$137,916

$215,361-36.0%

$171,082-19.4%

$273,972-49.7%

Participation rate

35.7%

82.0%-46.3pp

76.7%-41.0pp

83.0%-47.3pp

Annual return

8.09%

25.14%-17.0pp

32.56%-24.5pp

41.46%-33.4pp

Employer contribution / active EE

$1,703

$4,967-65.7%

$4,002-57.4%

$4,869-65.0%

Participant deferral / active EE

$4,429

$5,543-20.1%

$4,797-7.7%

$5,287-16.2%

Admin fee / account holder

$33,880

$10,846+212.4%

$8,520+297.7%

$10,133+234.4%

EDGEWOOD CAPITAL ADVISORS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EDGEWOOD CAPITAL ADVISORS 401(K) 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