Retirement plan

MARTIN CLEARWATER & BELL LLP ASSOCIATE 401K PLAN

Name: MARTIN CLEARWATER & BELL LLP - MARTIN CLEARWATER & BELL LLP ASSOCIATE 401K PLAN (2017) Form 5500
Creator: MARTIN CLEARWATER & BELL LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARTIN CLEARWATER & BELL LLP ASSOCIATE 401K PLAN, MARTIN CLEARWATER & BELL LLP

MARTIN CLEARWATER & BELL LLPEIN 13-2811394Plan #004PY 2017

220 E 42ND ST - NEW YORK, NY 100175806212-916-0999mcblaw.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

1 filing

#003Retirement-$30.6M assets

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$9.4M

+20.8% from 2016

Total participants

120

+8.1% from 2016

Average account balance

$111,701

+7.8% from 2016

Annual return

20.22%

+11.08 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

$12.21M

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.

127

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.

83.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$811K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+3.49%

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

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 codes2E2F2G2J3D2T

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$25

$0 / participant

Investment mgmt$25100.0%

% of EOY assets

0.000%

all-in expense ratio

Categories reported

1 / 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: RAICH ENDE MALTER & CO.
Auditor EIN: 112336434
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$111,701

$85,766+30.2%

$136,298-18.0%

$70,126+59.3%

Participation rate

47.1%

74.2%-27.1pp

81.9%-34.9pp

69.5%-22.5pp

Annual return

20.22%

31.46%-11.2pp

5156.27%-5136.0pp

73.15%-52.9pp

Employer contribution / active EE

$43

$2,966-98.6%

$4,696-99.1%

$2,343-98.2%

Participant deferral / active EE

$6,486

$5,051+28.4%

$6,247+3.8%

$3,332+94.7%

Admin fee / account holder

$5,421-100.0%

$9,244-100.0%

$4,645-100.0%

MARTIN CLEARWATER & BELL LLP ASSOCIATE 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARTIN CLEARWATER & BELL LLP ASSOCIATE 401K 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