Retirement plan

MORGENS, WATERFALL, VINTIADIS AND COMPANY, INC. PROFIT SHARING & 401(K) PLAN

Name: MORGENS, WATERFALL, VINTIADIS AND COMPANY, INC. - MORGENS, WATERFALL, VINTIADIS AND COMPANY, INC. PROFIT SHARING & 401(K) PLAN (2024) Form 5500
Creator: MORGENS, WATERFALL, VINTIADIS AND COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MORGENS, WATERFALL, VINTIADIS AND COMPANY, INC. PROFIT SHARING & 401(K) PLAN, MORGENS, WATERFALL, VINTIADIS AND COMPANY, INC.

MORGENS, WATERFALL, VINTIADIS AND COMPANY, INC.EIN 13-2674766Plan #002PY 2024

1270 AVENUE OF THE AMERICAS, SUITE 214 - NEW YORK, NY 10020212-218-4100

Other plans on this EIN

1 filing

#001Retirement-$20.2M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$6.5M

+31.4% from 2023

Total participants

-10.0% from 2023

Average account balance

$815,199

+47.8% from 2023

Annual return

31.83%

-3.43 pp from 2023

Benchmarks

See 37,126 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort37,126 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.52M

Not enough data

1 years with asset history on file

Average account balance

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

$815K

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.

88.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$288K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$32K

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

+31.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$38575

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 codes2E2F2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

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

$309K

$34289 / participant

Other / not subdivided$309K100.0%

% of EOY assets

4.732%

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

$815,199

$201,344+304.9%

$184,243+342.5%

$145,877+458.8%

Participation rate

88.9%

87.5%+1.4pp

86.8%+2.1pp

80.3%+8.6pp

Annual return

31.83%

29.01%+2.8pp

28.82%+3.0pp

551.28%-519.5pp

Employer contribution / active EE

$7,022-100.0%

$6,427-100.0%

$4,663-100.0%

Participant deferral / active EE

$32,004

$9,807+226.3%

$9,132+250.4%

$6,691+378.3%

Admin fee / account holder

$38,575

$16,382+135.5%

$13,914+177.2%

$13,402+187.8%

MORGENS, WATERFALL, VINTIADIS AND COMPANY, INC. PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MORGENS, WATERFALL, VINTIADIS AND COMPANY, INC. PROFIT SHARING & 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