Retirement plan

GREYLOCK MANAGEMENT CORPORATION PENSION PLAN

Name: GREYLOCK MANAGEMENT CORPORATION - GREYLOCK MANAGEMENT CORPORATION PENSION PLAN (2023) Form 5500
Creator: GREYLOCK MANAGEMENT CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREYLOCK MANAGEMENT CORPORATION PENSION PLAN, GREYLOCK MANAGEMENT CORPORATION

GREYLOCK MANAGEMENT CORPORATIONEIN 04-2382473Plan #002PY 2023

2400 DISTRICT AVENUE, STE.105 - BURLINGTON, MA 01803781-622-2227LinkedIn51-200 employeesmanagement consulting

Other plans on this EIN

1 filing

#003Retirement-$3.7M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$62.3M

+28.6% from 2022

Total participants

+37.5% from 2022

Average account balance

$930,162

+7.5% from 2022

Annual return

24.34%

+42.89 pp from 2022

Benchmarks

See 28,708 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,708 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$70.13M

Not enough data

1 years with asset history on file

Average account balance

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

$1.0M

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.91M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$56K

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

+16.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$81908

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 codes2C2F2G2R3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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.

Opportunity flags

2 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.

Expense breakdown

Schedule H Part II

Admin total

$611K

$9119 / participant

Other / not subdivided$611K100.0%

% of EOY assets

0.980%

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

$930,162

$93,598+893.8%

$135,974+584.1%

$75,173+1137.4%

Participation rate

85.1%

75.2%+9.9pp

81.9%+3.2pp

67.2%+17.9pp

Annual return

24.34%

30.89%-6.5pp

68.30%-44.0pp

160.72%-136.4pp

Employer contribution / active EE

$38,861

$3,538+998.4%

$4,859+699.8%

$2,671+1354.9%

Participant deferral / active EE

$6,405-100.0%

$7,760-100.0%

$4,126-100.0%

Admin fee / account holder

$9,119

$6,978+30.7%

$10,767-15.3%

$5,651+61.4%

GREYLOCK MANAGEMENT CORPORATION PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREYLOCK MANAGEMENT CORPORATION PENSION 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