Retirement plan

THE WILLIAM CASPAR GRAUSTEIN MEMORIAL FUND TAX DEFERRED ANNUITY PLAN

Name: WILLIAM CASPAR GRAUSTEIN MEMORIAL FUND - THE WILLIAM CASPAR GRAUSTEIN MEMORIAL FUND TAX DEFERRED ANNUITY PLAN (2017) Form 5500
Creator: WILLIAM CASPAR GRAUSTEIN MEMORIAL FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE WILLIAM CASPAR GRAUSTEIN MEMORIAL FUND TAX DEFERRED ANNUITY PLAN, WILLIAM CASPAR GRAUSTEIN MEMORIAL FUND

WILLIAM CASPAR GRAUSTEIN MEMORIAL FUNDEIN 04-6037391Plan #001PY 2017

ONE HAMDEN CENTER, 2319 WHITNEY AVE SUITE 2B - HAMDEN, CT 06518203-230-3330

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.8M

+15.2% from 2016

Total participants

+6.3% from 2016

Average account balance

$103,767

+8.4% from 2016

Annual return

12.34%

+9.20 pp from 2016

Benchmarks

See 32,061 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,061 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.62M

Not enough data

1 years with asset history on file

Average account balance

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

$301K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$241K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+12.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$97380

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 codes2G2L2T

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$166K

$11870 / participant

Other / not subdivided$166K100.0%

% of EOY assets

9.420%

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

$103,767

$99,031+4.8%

$86,597+19.8%

$147,585-29.7%

Participation rate

100.0%

76.3%+23.7pp

73.5%+26.5pp

82.8%+17.2pp

Annual return

12.34%

1312.56%-1300.2pp

964.96%-952.6pp

578.57%-566.2pp

Employer contribution / active EE

$7,894

$3,132+152.0%

$2,840+178.0%

$4,876+61.9%

Participant deferral / active EE

$7,110

$3,972+79.0%

$3,609+97.0%

$5,439+30.7%

Admin fee / account holder

$9,775

$5,711+71.2%

$4,906+99.3%

$10,885-10.2%

THE WILLIAM CASPAR GRAUSTEIN MEMORIAL FUND TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE WILLIAM CASPAR GRAUSTEIN MEMORIAL FUND TAX DEFERRED ANNUITY 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