Retirement plan

CLARE ROSE, INC. UNION 401(K) PLAN

Name: CLARE ROSE, INC. - CLARE ROSE, INC. UNION 401(K) PLAN (2018) 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 2018

100 ROSE EXECUTIVE BLVD. - EAST YAPHANK, NY 11967631-475-1840clarerose.comLinkedIn1-10 employeesmarketing and advertising

Other plans on this EIN

4 filings

#001Retirement-$17.6M assets #005Retirement-$3.3M assets #007Retirement-$855K assets #006Retirement--

Prospect flagsLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$5.9M

-13.8% from 2017

Total participants

160

-17.1% from 2017

Average account balance

$41,333

+5.6% from 2017

Annual return

-2.45%

-15.90 pp from 2017

Benchmarks

See 2,344 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,344 peers

Snapshot2018

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 10 of 13 by compensation

Provider	Service type	Compensation
RIZZI SCHWARTZ & TARASKAS LLP1 year Filed as: RIZZI SCHWARZ & TARASKAS, LLP Service code 10 · EIN 11-3084306	Accounting	$18,000
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH Service code 27 · EIN 13-5674085	Advisory (Plan)	$10,746
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Service code 15 · EIN 04-1590850	Recordkeeping	$10,436
MESIROW FINANCIAL INVESTMENT MANAGE2 years Filed as: MESIROW FINANCIAL INVEST MGMT, INC Service code 49	Other Services	$22
AMERICAN FUNDS1 year Service code 52 · EIN 95-2817150	Indirect Investment Fees	$0
BLACKROCK1 year Service code 52 · EIN 51-0318674	Indirect Investment Fees	$0
EATON VANCE1 year Service code 52 · EIN 04-2325690	Indirect Investment Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASS MUTUAL LIFE INSURANCE COMPANY Service code 52	Indirect Investment Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 49	Other Services	$0
MESIROW FINANCIAL INVESTMENT MANAGE1 year Filed as: MESIROW FINANCIAL INVEST MGMT Service code 49 · EIN 36-3429599	Other Services	$0

Plan features & details

Pension benefit codes2E2J2F2G3D3H2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$39K

$286 / participant

Investment mgmt$19K48.4%
Contract admin$1K2.8%
Other / not subdivided$19K48.9%

% of EOY assets

0.668%

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: RIZZI, SCHWARZ AND TARASKAS LLP
Auditor EIN: 113084306
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,333

$66,302-37.7%

$110,243-62.5%

$56,289-26.6%

Participation rate

86.9%

74.9%+11.9pp

79.8%+7.0pp

69.9%+17.0pp

Annual return

-2.45%

-1.18%-1.3pp

314.76%-317.2pp

-9.96%+7.5pp

Employer contribution / active EE

$2,047-100.0%

$3,827-100.0%

$2,111-100.0%

Participant deferral / active EE

$1,663

$3,381-50.8%

$4,672-64.4%

$3,350-50.3%

Admin fee / account holder

$276

$698-60.5%

$8,548-96.8%

$521-47.0%

Provider

Service type

Compensation

RIZZI SCHWARTZ & TARASKAS LLP1 year

Filed as: RIZZI SCHWARZ & TARASKAS, LLP

Service code 10 · EIN 11-3084306

Accounting

$18,000

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH

Service code 27 · EIN 13-5674085

Advisory (Plan)

$10,746

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Service code 15 · EIN 04-1590850

Recordkeeping

$10,436

MESIROW FINANCIAL INVESTMENT MANAGE2 years

Filed as: MESIROW FINANCIAL INVEST MGMT, INC

Service code 49

Other Services

$22

AMERICAN FUNDS1 year

Service code 52 · EIN 95-2817150

Indirect Investment Fees

BLACKROCK1 year

Service code 52 · EIN 51-0318674

Indirect Investment Fees

EATON VANCE1 year

Service code 52 · EIN 04-2325690

Indirect Investment Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASS MUTUAL LIFE INSURANCE COMPANY

Service code 52

Indirect Investment Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL LIFE INS CO

Service code 49

Other Services

MESIROW FINANCIAL INVESTMENT MANAGE1 year

Filed as: MESIROW FINANCIAL INVEST MGMT

Service code 49 · EIN 36-3429599

Other Services

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