Retirement plan

HENRY DONEGER ASSOCIATES, INC. 401K SAVINGS PLAN

Name: HENRY DONEGER ASSOCIATES, INC. - HENRY DONEGER ASSOCIATES, INC. 401K SAVINGS PLAN (2017) Form 5500
Creator: HENRY DONEGER ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HENRY DONEGER ASSOCIATES, INC. 401K SAVINGS PLAN, HENRY DONEGER ASSOCIATES, INC.

HENRY DONEGER ASSOCIATES, INC.EIN 13-2500234Plan #001PY 2017

463 7TH AVENUE - NEW YORK, NY 100180000212-560-3760LinkedIn51-200 employeesindividual & family services

Other plans on this EIN

1 filing

#002Retirement-$6.2M assets

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$11.9M

+4.8% from 2016

Total participants

139

+0.7% from 2016

Average account balance

$119,393

+6.9% from 2016

Annual return

18.26%

+9.36 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.85M

Not enough data

1 years with asset history on file

Average account balance

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

$207K

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.

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.

213.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$279K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+15.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15670

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 2 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS3+ years Filed as: NEWPORT CAPITAL GROUP Service code 99 · EIN 86-1109193	Other Fees	$45,133
VOYA RETIREMENT INSURANCE & ANNUITY3+ years Service code 64 · EIN 71-0294708	Recordkeeping Fees	$1,650

Plan features & details

Pension benefit codes2E2F2G2J3D3H2T

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$2K

$15 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.014%

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: BERDON LLP
Auditor EIN: 130485070
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$119,393

$80,753+47.8%

$136,298-12.4%

$62,293+91.7%

Participation rate

64.9%

73.5%-8.7pp

81.9%-17.1pp

69.5%-4.7pp

Annual return

18.26%

35.83%-17.6pp

5156.27%-5138.0pp

28.90%-10.6pp

Employer contribution / active EE

$2,884-100.0%

$4,696-100.0%

$2,042-100.0%

Participant deferral / active EE

$6,120

$5,164+18.5%

$6,247-2.0%

$3,169+93.1%

Admin fee / account holder

$17

$525-96.9%

$9,244-99.8%

$479-96.6%

Provider

Service type

Compensation

AMERICAN FUNDS3+ years

Filed as: NEWPORT CAPITAL GROUP

Service code 99 · EIN 86-1109193

Other Fees

$45,133

VOYA RETIREMENT INSURANCE & ANNUITY3+ years

Service code 64 · EIN 71-0294708

Recordkeeping Fees

$1,650

HENRY DONEGER ASSOCIATES, INC. 401K SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HENRY DONEGER ASSOCIATES, INC. 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