Retirement plan

FIFTH RESTATED RETIREMENT PLAN OF OTTERBOURG P. C.

Name: OTTERBOURG P.C. - FIFTH RESTATED RETIREMENT PLAN OF OTTERBOURG P. C. (2017) Form 5500
Creator: OTTERBOURG P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIFTH RESTATED RETIREMENT PLAN OF OTTERBOURG P. C., OTTERBOURG P.C.

OTTERBOURG P.C.EIN 13-2660310Plan #002PY 2017

230 PARK AVENUE - NEW YORK, NY 10169212-661-9100otterbourg.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

1 filing

#003Retirement-$15.8M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$25.7M

+18.9% from 2016

Total participants

0.0% from 2016

Average account balance

$558,266

+18.9% from 2016

Annual return

18.80%

+10.39 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$53.47M

Not enough data

1 years with asset history on file

Average account balance

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

$1.2M

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.

115.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$35K

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

+19.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$33344

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2T

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$824K

$18720 / participant

Other / not subdivided$824K100.0%

% of EOY assets

3.207%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$558,266

$85,766+550.9%

$136,298+309.6%

$70,126+696.1%

Participation rate

95.5%

74.2%+21.3pp

81.9%+13.5pp

69.5%+25.9pp

Annual return

18.80%

31.46%-12.7pp

5156.27%-5137.5pp

73.15%-54.3pp

Employer contribution / active EE

$19,069

$2,966+542.9%

$4,696+306.1%

$2,343+714.0%

Participant deferral / active EE

$5,051-100.0%

$6,247-100.0%

$3,332-100.0%

Admin fee / account holder

$17,906

$5,421+230.3%

$9,244+93.7%

$4,645+285.5%

FIFTH RESTATED RETIREMENT PLAN OF OTTERBOURG P. C.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIFTH RESTATED RETIREMENT PLAN OF OTTERBOURG P. C.

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