Retirement plan

E.C.C.O. III ENTERPRISES, INC. PROFIT SHARING PLAN

Name: E.C.C.O. III ENTERPRISES, INC. - E.C.C.O. III ENTERPRISES, INC. PROFIT SHARING PLAN (2023) Form 5500
Creator: E.C.C.O. III ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, E.C.C.O. III ENTERPRISES, INC. PROFIT SHARING PLAN, E.C.C.O. III ENTERPRISES, INC.

E.C.C.O. III ENTERPRISES, INC.EIN 13-2754124Plan #002PY 2023

201 SAW MILL RIVER ROAD - YONKERS, NY 10701914-963-3600

Prospect flagsHigh cashHigh assets / participant

How to read this page

Total assets (EOY)

$34.4M

+19.1% from 2022

Total participants

140

-2.1% from 2022

Average account balance

$253,167

+19.9% from 2022

Annual return

17.29%

+34.06 pp from 2022

Benchmarks

See 18,037 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,037 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$38.40M

Not enough data

1 years with asset history on file

Average account balance

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

$210K

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.

183

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.

93.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.48M

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

+14.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 4 by compensation

Provider	Service type	Compensation
APICELLA, TESTA & COMPANY, P.C.3 years Service code 10 · EIN 06-0876812	Accounting	$23,900
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH PIERCE FENNER & Service code 55 · EIN 13-5674085	Other Commissions	$20,413
UBS FINANCIAL SERVICES INC6 years Service code 55 · EIN 13-2638166	Other Commissions	$19,526
FIDELITY INVESTMENTS INSTITUTIONAL6 years Service code 60 · EIN 04-2647786	Sub-TA Fees	-$29,675

Plan features & details

Pension benefit codes2E2F2G2J2T3H3D2R2U

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.
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

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$515

$6 / participant

Other / not subdivided$515100.0%

% of EOY assets

0.001%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: APICELLA, TESTA & COMPANY, P.C.
Auditor EIN: 060876812
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$253,167

$73,978+242.2%

$96,515+162.3%

$75,173+236.8%

Participation rate

95.6%

66.4%+29.2pp

74.3%+21.3pp

67.2%+28.4pp

Annual return

17.29%

26.72%-9.4pp

35.73%-18.4pp

160.72%-143.4pp

Employer contribution / active EE

$4,675

$2,931+59.5%

$3,740+25.0%

$2,671+75.0%

Participant deferral / active EE

$11,460

$3,660+213.1%

$4,880+134.9%

$4,126+177.7%

Admin fee / account holder

$5,219-99.9%

$6,735-99.9%

$5,651-99.9%

Provider

Service type

Compensation

APICELLA, TESTA & COMPANY, P.C.3 years

Service code 10 · EIN 06-0876812

Accounting

$23,900

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH PIERCE FENNER &

Service code 55 · EIN 13-5674085

Other Commissions

$20,413

UBS FINANCIAL SERVICES INC6 years

Service code 55 · EIN 13-2638166

Other Commissions

$19,526

FIDELITY INVESTMENTS INSTITUTIONAL6 years

Service code 60 · EIN 04-2647786

Sub-TA Fees

-$29,675

E.C.C.O. III ENTERPRISES, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

E.C.C.O. III ENTERPRISES, INC. PROFIT SHARING 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