Retirement plan

ELLINGTON MANAGEMENT GROUP 401(K) & PROFIT SHARING PLAN

Name: ELLINGTON MANAGEMENT GROUP, LLC. - ELLINGTON MANAGEMENT GROUP 401(K) & PROFIT SHARING PLAN (2017) Form 5500
Creator: ELLINGTON MANAGEMENT GROUP, LLC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELLINGTON MANAGEMENT GROUP 401(K) & PROFIT SHARING PLAN, ELLINGTON MANAGEMENT GROUP, LLC.

ELLINGTON MANAGEMENT GROUP, LLC.EIN 06-1441140Plan #001PY 2017

53 FOREST AVE. - OLD GREENWICH, CT 06870203-698-1200ellington.comLinkedIn51-200 employeesinvestment management

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$34.8M

+20.0% from 2016

Total participants

236

+0.4% from 2016

Average account balance

$168,730

+18.2% from 2016

Annual return

17.90%

+8.73 pp from 2016

Benchmarks

See 2,201 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,201 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$63.95M

Not enough data

1 years with asset history on file

Average account balance

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

$257K

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.

249

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.

84.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.86M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+16.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$251

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 4 by compensation

Provider	Service type	Compensation
BASS & LEMER LLP3+ years Filed as: BASS & LEMER Service code 10 · EIN 13-1938264	Accounting	$19,549
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVICES INC. Service code 70 · EIN 13-2638166	Consulting Fees	$18,000
THE VANGUARD GROUP, INC.3+ years Service code 15 · EIN 23-1945930	Recordkeeping	$17,571
UBS FINANCIAL SERVICES INC3+ years Filed as: UBS FINANCIAL SERVICES Service code 27 · EIN 13-2638166	Advisory (Plan)	$15,000

Plan features & details

Pension benefit codes2E3D2G2J2K2F2T3H

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.
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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$52K

$310 / participant

Investment mgmt$15K28.8%
Contract admin$18K33.7%
Other / not subdivided$20K37.5%

% of EOY assets

0.150%

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: BASS & LEMER LLP
Auditor EIN: 131938264
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$168,730

$89,739+88.0%

$149,716+12.7%

$62,293+170.9%

Participation rate

82.1%

85.1%-3.0pp

87.1%-4.9pp

69.5%+12.6pp

Annual return

17.90%

21.01%-3.1pp

1501.67%-1483.8pp

28.90%-11.0pp

Employer contribution / active EE

$3,233-100.0%

$5,444-100.0%

$2,042-100.0%

Participant deferral / active EE

$11,514

$4,797+140.0%

$6,568+75.3%

$3,169+263.3%

Admin fee / account holder

$253

$551-54.1%

$11,282-97.8%

$479-47.2%

Provider

Service type

Compensation

BASS & LEMER LLP3+ years

Filed as: BASS & LEMER

Service code 10 · EIN 13-1938264

Accounting

$19,549

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVICES INC.

Service code 70 · EIN 13-2638166

Consulting Fees

$18,000

THE VANGUARD GROUP, INC.3+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$17,571

UBS FINANCIAL SERVICES INC3+ years

Filed as: UBS FINANCIAL SERVICES

Service code 27 · EIN 13-2638166

Advisory (Plan)

$15,000

ELLINGTON MANAGEMENT GROUP 401(K) & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELLINGTON MANAGEMENT GROUP 401(K) & PROFIT SHARING 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