Retirement plan

PRYOR CASHMAN LLP 401(K) PLAN B

Name: PRYOR CASHMAN LLP - PRYOR CASHMAN LLP 401(K) PLAN B (2020) Form 5500
Creator: PRYOR CASHMAN LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRYOR CASHMAN LLP 401(K) PLAN B, PRYOR CASHMAN LLP

PRYOR CASHMAN LLPEIN 13-1859294Plan #006PY 2020

7 TIMES SQUARE - NEW YORK, NY 10036212-421-4100pryorcashman.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

2 filings

#003Retirement-$62.9M assets #002Retirement-$59.0M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$12.2M

+26.2% from 2019

Total participants

147

+2.8% from 2019

Average account balance

$87,289

+25.3% from 2019

Annual return

21.16%

+3.92 pp from 2019

Benchmarks

See 26,418 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,418 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.82M

Not enough data

1 years with asset history on file

Average account balance

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

$160K

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.

105

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.

92.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.82M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+9.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$162

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 2 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 64 · EIN 71-0294708	Recordkeeping Fees	$14,609
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY Service code 99 1300 THAMES STREET WARF, 4TH FLOOR · BALTIMORE, MD 21231	Other Fees	$11,447

Plan features & details

Pension benefit codes2E2F2G2J2S3B

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$26K

$326 / participant

Other / not subdivided$26K100.0%

% of EOY assets

0.213%

all-in expense ratio

Categories reported

0 / 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: MARKS PANETH LLP
Auditor EIN: 113518842
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$87,289

$98,776-11.6%

$149,745-41.7%

$79,856+9.3%

Participation rate

91.3%

75.8%+15.5pp

82.5%+8.8pp

69.6%+21.6pp

Annual return

21.16%

27.38%-6.2pp

276.72%-255.6pp

31.71%-10.5pp

Employer contribution / active EE

$3,217-100.0%

$4,646-100.0%

$2,471-100.0%

Participant deferral / active EE

$12,757

$5,681+124.5%

$6,843+86.4%

$3,741+241.1%

Admin fee / account holder

$186

$6,053-96.9%

$9,312-98.0%

$5,306-96.5%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 64 · EIN 71-0294708

Recordkeeping Fees

$14,609

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY

Service code 99

1300 THAMES STREET WARF, 4TH FLOOR · BALTIMORE, MD 21231

Other Fees

$11,447

PRYOR CASHMAN LLP 401(K) PLAN B

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRYOR CASHMAN LLP 401(K) PLAN B

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