Retirement plan

CLARE ROSE INC. UNION 401(K) PLAN

Name: CLARE ROSE, INC. - CLARE ROSE INC. UNION 401(K) PLAN (2016) Form 5500
Creator: CLARE ROSE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLARE ROSE INC. UNION 401(K) PLAN, CLARE ROSE, INC.

CLARE ROSE, INC.EIN 11-2036262Plan #004PY 2016

100 ROSE EXECUTIVE BLVD. - EAST YAPHANK, NY 11967631-775-1037clarerose.comLinkedIn1-10 employeesmarketing and advertising

Other plans on this EIN

4 filings

#001Retirement-$16.2M assets #005Retirement-$4.9M assets #007Retirement-$1.0M assets #006Retirement-$312K assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$6.8M

-1.0% from 2015

Total participants

209

+10.6% from 2015

Average account balance

$34,200

-12.0% from 2015

Annual return

4.46%

+3.09 pp from 2015

Benchmarks

See 2,366 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,366 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$171K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+2.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Top 3 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850	Recordkeeping	$24,935
MESIROW FINANCIAL INVESTMENT MANAGE2+ years Filed as: MESIROW FINANCIAL INV MGMT INC Service code 27 · EIN 36-3429599	Advisory (Plan)	$22
ENVESTNET RETIREMENT SOLUTIONS, LLC1 year Filed as: ENVESTNET RETIREMENT SOLUTIONS Service code 27 · EIN 61-1732930	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2G2J2T3D

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.
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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$25K

$189 / participant

Contract admin$25K100.0%

% of EOY assets

0.368%

all-in expense ratio

Categories reported

1 / 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: JUDELSON, GIORDANO & SIEGEL CPA PC
Auditor EIN: 141619319
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,200

$63,924-46.5%

$108,582-68.5%

$55,167-38.0%

Participation rate

91.7%

74.3%+17.3pp

79.6%+12.1pp

69.0%+22.7pp

Annual return

4.46%

15.31%-10.8pp

-51.70%+56.2pp

169.23%-164.8pp

Employer contribution / active EE

$1,879-100.0%

$3,758-100.0%

$1,963-100.0%

Participant deferral / active EE

$3,421

$3,067+11.6%

$4,311-20.6%

$3,054+12.0%

Admin fee / account holder

$126

$618-79.6%

$7,645-98.4%

$504-75.0%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSMUTUAL LIFE INSURANCE CO.

Service code 15 · EIN 04-1590850

Recordkeeping

$24,935

MESIROW FINANCIAL INVESTMENT MANAGE2+ years

Filed as: MESIROW FINANCIAL INV MGMT INC

Service code 27 · EIN 36-3429599

Advisory (Plan)

$22

ENVESTNET RETIREMENT SOLUTIONS, LLC1 year

Filed as: ENVESTNET RETIREMENT SOLUTIONS

Service code 27 · EIN 61-1732930

Advisory (Plan)

CLARE ROSE INC. UNION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLARE ROSE INC. UNION 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