Retirement plan

E.S. ORIGINALS 401K SAVINGS PLAN

Name: E.S. ORIGINALS INC. - E.S. ORIGINALS 401K SAVINGS PLAN (2016) Form 5500
Creator: E.S. ORIGINALS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, E.S. ORIGINALS 401K SAVINGS PLAN, E.S. ORIGINALS INC.

E.S. ORIGINALS INC.EIN 13-1993602Plan #001PY 2016

440 9TH AVENUE, 7TH FLOOR - NEW YORK, NY 10001212-736-8124

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$13.9M

+4.2% from 2015

Total participants

247

+14.9% from 2015

Average account balance

$92,928

+3.5% from 2015

Annual return

6.52%

+5.39 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

$22.49M

Not enough data

1 years with asset history on file

Average account balance

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

$181K

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.

124

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.

49.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$962K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$340

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

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
MSI FINANCIAL SERVICES INC.1 year Filed as: MSI FINANCIAL SERVICES Service code 55	Other Commissions	$27,518
RAICH ENDE MALTER & CO. LLP1 year Filed as: RAICH ENDE MALTER & CO LLP Service code 10 90 MERRICK AVE · EAST MEADOW, NY 11554	Accounting	$23,000
ASSOCIATED PENSION CONSULTANTS2+ years Filed as: ASSOCIATED PENSION CONSULTANTS, INC Service code 13	Contract Administrator	$10,000
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$4,941
ASSOCIATED PENSION CONSULTANTS2+ years Filed as: ASSOCIATED PENSION CONSULTANTS INC Service code 13 · EIN 11-3271022 6800 JERICHO TURNPIKE · SYOSSET, NY 11791	Contract Administrator	$2,165
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: FIRST GREAT-WEST LIFE & ANNUITY Service code 64 · EIN 93-1225432 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$969
MSI FINANCIAL SERVICES INC.1 year Filed as: MSI FINANICAL SERVICES Service code 55 1295 STATE ST · SPRINGFIELD, MA 01111	Other Commissions	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$10K

$49 / participant

Other / not subdivided$10K100.0%

% of EOY assets

0.071%

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: RAICH ENDE MALTER & CO., LLP
Auditor EIN: 112336434
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,928

$63,924+45.4%

$108,582-14.4%

$55,167+68.4%

Participation rate

52.0%

74.3%-22.4pp

79.6%-27.6pp

69.0%-17.0pp

Annual return

6.52%

15.31%-8.8pp

-51.70%+58.2pp

169.23%-162.7pp

Employer contribution / active EE

$580

$1,879-69.2%

$3,758-84.6%

$1,963-70.5%

Participant deferral / active EE

$4,817

$3,067+57.1%

$4,311+11.7%

$3,054+57.7%

Admin fee / account holder

$66

$618-89.3%

$7,645-99.1%

$504-86.9%

Provider

Service type

Compensation

MSI FINANCIAL SERVICES INC.1 year

Filed as: MSI FINANCIAL SERVICES

Service code 55

Other Commissions

$27,518

RAICH ENDE MALTER & CO. LLP1 year

Filed as: RAICH ENDE MALTER & CO LLP

Service code 10

90 MERRICK AVE · EAST MEADOW, NY 11554

Accounting

$23,000

ASSOCIATED PENSION CONSULTANTS2+ years

Filed as: ASSOCIATED PENSION CONSULTANTS, INC

Service code 13

Contract Administrator

$10,000

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$4,941

ASSOCIATED PENSION CONSULTANTS2+ years

Filed as: ASSOCIATED PENSION CONSULTANTS INC

Service code 13 · EIN 11-3271022

6800 JERICHO TURNPIKE · SYOSSET, NY 11791

Contract Administrator

$2,165

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: FIRST GREAT-WEST LIFE & ANNUITY

Service code 64 · EIN 93-1225432

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$969

MSI FINANCIAL SERVICES INC.1 year

Filed as: MSI FINANICAL SERVICES

Service code 55

1295 STATE ST · SPRINGFIELD, MA 01111

Other Commissions

E.S. ORIGINALS 401K SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

E.S. ORIGINALS 401K SAVINGS 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