Retirement plan

ASSOCIATION OF EXECUTIVE SEARCH CONSULTANTS, INC. PROFIT SHARING PLAN

Name: ASSOCIATION OF EXECUTIVE SEARCH CONSULTANTS, INC - ASSOCIATION OF EXECUTIVE SEARCH CONSULTANTS, INC. PROFIT SHARING PLAN (2022) Form 5500
Creator: ASSOCIATION OF EXECUTIVE SEARCH CONSULTANTS, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASSOCIATION OF EXECUTIVE SEARCH CONSULTANTS, INC. PROFIT SHARING PLAN, ASSOCIATION OF EXECUTIVE SEARCH CONSULTANTS, INC

ASSOCIATION OF EXECUTIVE SEARCH CONSULTANTS, INCEIN 13-2776149Plan #001PY 2022

425 FIFTH AVENUE, 4TH FLOOR - NEW YORK, NY 10016212-398-9556

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.5M

-20.4% from 2021

Total participants

+16.7% from 2021

Average account balance

$71,793

-31.8% from 2021

Annual return

-16.65%

-37.19 pp from 2021

Benchmarks

See 39,290 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort39,290 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.30M

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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.

184.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$147K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+16.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$25250

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 codes2E2F2G2J2T3D

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$332K

$22111 / participant

Other / not subdivided$332K100.0%

% of EOY assets

21.999%

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

$71,793

$92,743-22.6%

$82,744-13.2%

$134,532-46.6%

Participation rate

100.0%

75.2%+24.8pp

72.6%+27.4pp

81.2%+18.8pp

Annual return

-16.65%

946.63%-963.3pp

702.22%-718.9pp

418.27%-434.9pp

Employer contribution / active EE

$6,333

$3,273+93.5%

$3,008+110.5%

$4,741+33.6%

Participant deferral / active EE

$10,610

$4,802+121.0%

$4,395+141.4%

$6,401+65.8%

Admin fee / account holder

$15,794

$5,977+164.2%

$5,325+196.6%

$11,429+38.2%

ASSOCIATION OF EXECUTIVE SEARCH CONSULTANTS, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASSOCIATION OF EXECUTIVE SEARCH CONSULTANTS, 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