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 (2020) 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 2020

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)

$2.7M

+21.5% from 2019

Total participants

0.0% from 2019

Average account balance

$178,156

+21.5% from 2019

Annual return

11.21%

-0.93 pp from 2019

Benchmarks

See 36,228 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,228 peers

Snapshot2020

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

$16K

$1192 / participant

Other / not subdivided$16K100.0%

% of EOY assets

0.580%

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

$178,156

$100,895+76.6%

$90,430+97.0%

$158,950+12.1%

Participation rate

100.0%

75.0%+25.0pp

72.7%+27.3pp

82.0%+18.0pp

Annual return

11.21%

1725.54%-1714.3pp

1293.73%-1282.5pp

302.91%-291.7pp

Employer contribution / active EE

$10,953

$3,689+196.9%

$3,262+235.8%

$4,762+130.0%

Participant deferral / active EE

$7,704

$4,347+77.2%

$3,963+94.4%

$5,983+28.8%

Admin fee / account holder

$1,033

$6,505-84.1%

$5,613-81.6%

$11,248-90.8%

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