Retirement plan

MARTIN CLEARWATER & BELL LLP ASSOCIATE 401K PLAN

Name: MARTIN CLEARWATER & BELL LLP - MARTIN CLEARWATER & BELL LLP ASSOCIATE 401K PLAN (2019) 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 2019

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

Other plans on this EIN

1 filing

#003Retirement-$36.6M assets

Prospect flagsLow returnsRecently reached 100 employees

How to read this page

Total assets (EOY)

$9.9M

+20.9% from 2018

Total participants

131

+6.5% from 2018

Average account balance

$83,556

-10.6% from 2018

Annual return

12.37%

+9.21 pp from 2018

Benchmarks

See 25,909 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,909 peers

Snapshot2019

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 returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

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

$83,556

$89,370-6.5%

$141,197-40.8%

$72,976+14.5%

Participation rate

82.9%

75.1%+7.7pp

82.5%+0.4pp

69.5%+13.4pp

Annual return

12.37%

111.88%-99.5pp

71.41%-59.0pp

81.02%-68.6pp

Employer contribution / active EE

$1,966

$3,115-36.9%

$4,736-58.5%

$2,440-19.4%

Participant deferral / active EE

$8,199

$5,419+51.3%

$6,710+22.2%

$3,608+127.3%

Admin fee / account holder

$5,957-100.0%

$10,265-100.0%

$5,124-100.0%

MARTIN CLEARWATER & BELL LLP ASSOCIATE 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MARTIN CLEARWATER & BELL LLP ASSOCIATE 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion