Retirement plan

CRAIG-HALLUM CAPITAL GROUP LLC 401(K) PLAN

Name: CRAIG-HALLUM CAPITAL GROUP LLC - CRAIG-HALLUM CAPITAL GROUP LLC 401(K) PLAN (2022) Form 5500
Creator: CRAIG-HALLUM CAPITAL GROUP LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CRAIG-HALLUM CAPITAL GROUP LLC 401(K) PLAN, CRAIG-HALLUM CAPITAL GROUP LLC

CRAIG-HALLUM CAPITAL GROUP LLCEIN 04-3672881Plan #001PY 2022

222 SOUTH NINTH STREET SUITE 350 - MINNEAPOLIS, MN 55402612-334-6323

Prospect flagsLow returnsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$37.1M

-19.8% from 2021

Total participants

126

0.0% from 2021

Average account balance

$314,307

-19.8% from 2021

Annual return

-20.08%

-30.77 pp from 2021

Benchmarks

See 7,130 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,130 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$52.16M

Not enough data

1 years with asset history on file

Average account balance

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

$450K

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.

116

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.

89.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.97M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+16.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$30

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
ADVISORNET FINANCIAL2 years Filed as: ADVISORNET WEALTH MANAGEMENT Service code 26 · EIN 41-1378662	Advisory (Participants)	$5,549
CHARLES SCHWAB & CO., INC.7 years Service code 33 · EIN 94-1737782	Direct payment from the plan; Shareho...	$3,153
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2G2J2R3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$9K

$97 / participant

Investment mgmt$6K68.1%
Other / not subdivided$3K31.9%

% of EOY assets

0.024%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$314,307

$110,083+185.5%

$151,645+107.3%

$68,490+358.9%

Participation rate

91.2%

84.0%+7.3pp

87.5%+3.7pp

67.9%+23.3pp

Annual return

-20.08%

-10.12%-10.0pp

3.34%-23.4pp

-7.85%-12.2pp

Employer contribution / active EE

$6,390

$4,470+42.9%

$6,165+3.6%

$2,597+146.1%

Participant deferral / active EE

$14,039

$6,526+115.1%

$8,363+67.9%

$4,028+248.5%

Admin fee / account holder

$75

$7,718-99.0%

$11,614-99.4%

$5,403-98.6%

Provider

Service type

Compensation

ADVISORNET FINANCIAL2 years

Filed as: ADVISORNET WEALTH MANAGEMENT

Service code 26 · EIN 41-1378662

Advisory (Participants)

$5,549

CHARLES SCHWAB & CO., INC.7 years

Service code 33 · EIN 94-1737782

Direct payment from the plan; Shareho...

$3,153

CHARLES SCHWAB & CO., INC.3 years

Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL

Service code 59

Shareholder Servicing

CRAIG-HALLUM CAPITAL GROUP LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CRAIG-HALLUM CAPITAL GROUP LLC 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