Retirement plan

JUNO INVESTMENTS & ESQUARED HOSPITALITY 401(K) PLAN

Name: JUNO INVESTMENTS LLC - JUNO INVESTMENTS & ESQUARED HOSPITALITY 401(K) PLAN (2017) Form 5500
Creator: JUNO INVESTMENTS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JUNO INVESTMENTS & ESQUARED HOSPITALITY 401(K) PLAN, JUNO INVESTMENTS LLC

JUNO INVESTMENTS LLCEIN 03-0527526Plan #001PY 2017

950 3RD AVENUE, 22ND FLOOR - NEW YORK, NY 10022212-688-2700

Prospect flagsHigh feesLow participationLow assets / participantLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$15M

+15.0% from 2016

Total participants

1,524

-42.5% from 2016

Average account balance

$31,454

-5.0% from 2016

Annual return

13.44%

+5.14 pp from 2016

Benchmarks

See 531 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort531 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.64M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

413

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.

36.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.26M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+10.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$261

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 3 by compensation

Provider	Service type	Compensation
WITHUMSMITH+BROWN, PC1 year Filed as: WITHUMSMITH&BROWN PC Service code 10 · EIN 22-2027092	Accounting	$130,250
ASCENSUS LLC1 year Filed as: FORUS ADVISORS LLC Service code 13 · EIN 46-1803145 350 TOWNSEND STREET #422A · SAN FRANCISCO, CA 94107	Contract Administrator	$52,972
LT TRUST COMPANY1 year Service code 15 · EIN 61-1607607 1675 BROADWAY, SUITE 500 · DENVER, CO 80202	Recordkeeping	$33,079

Plan features & details

Pension benefit codes2E2J2K2F2G2R3D3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$216K

$160 / participant

Investment mgmt$53K24.5%
Contract admin$33K15.3%
Other / not subdivided$130K60.2%

% of EOY assets

1.443%

all-in expense ratio

Categories reported

2 / 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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,454

$89,274-64.8%

$149,718-79.0%

$77,958-59.7%

Participation rate

22.7%

87.6%-64.9pp

87.1%-64.4pp

71.6%-49.0pp

Annual return

13.44%

20.36%-6.9pp

1501.70%-1488.3pp

20.87%-7.4pp

Employer contribution / active EE

$449

$3,727-88.0%

$5,444-91.8%

$2,310-80.6%

Participant deferral / active EE

$809

$5,382-85.0%

$6,568-87.7%

$3,537-77.1%

Admin fee / account holder

$454

$240+89.2%

$11,283-96.0%

$97+365.9%

Provider

Service type

Compensation

WITHUMSMITH+BROWN, PC1 year

Filed as: WITHUMSMITH&BROWN PC

Service code 10 · EIN 22-2027092

Accounting

$130,250

ASCENSUS LLC1 year

Filed as: FORUS ADVISORS LLC

Service code 13 · EIN 46-1803145

350 TOWNSEND STREET #422A · SAN FRANCISCO, CA 94107

Contract Administrator

$52,972

LT TRUST COMPANY1 year

Service code 15 · EIN 61-1607607

1675 BROADWAY, SUITE 500 · DENVER, CO 80202

Recordkeeping

$33,079

JUNO INVESTMENTS & ESQUARED HOSPITALITY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JUNO INVESTMENTS & ESQUARED HOSPITALITY 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