Retirement plan

E. GLUCK CORPORATION 401(K) PLAN

Name: E. GLUCK CORPORATION - E. GLUCK CORPORATION 401(K) PLAN (2017) Form 5500
Creator: E. GLUCK CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, E. GLUCK CORPORATION 401(K) PLAN, E. GLUCK CORPORATION

E. GLUCK CORPORATIONEIN 13-2907195Plan #007PY 2017

6015 LITTLE NECK PARKWAY - LITTLE NNECK, NY 11362718-482-4120egluck.comLinkedIn201-500 employeesluxury goods & jewelry

Other plans on this EIN

2 filings

#005Retirement-$6.2M assets #006Retirement-$3.7M assets

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$13M

+23.5% from 2016

Total participants

353

-6.1% from 2016

Average account balance

$43,789

+30.2% from 2016

Annual return

20.17%

+8.88 pp from 2016

Benchmarks

See 1,232 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,232 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.60M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

180

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.

68.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$633K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+16.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14

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

Top 2 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS2 years Filed as: CAPITAL RESEARCH & MANAGEMENT CO. Service code 25 · EIN 95-1411037	Directed Trustee	$3,675
MORGAN STANLEY SMITH BARNEY2 years Service code 49 · EIN 26-4310632	Other Services	$14

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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$4K

$13 / participant

Contract admin$4K100.0%

% of EOY assets

0.028%

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: BUCHBINDER TUNICK & COMPANY LLP
Auditor EIN: 131578842
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,789

$71,666-38.9%

$117,861-62.8%

$69,631-37.1%

Participation rate

79.8%

77.5%+2.2pp

79.7%+0.1pp

70.7%+9.1pp

Annual return

20.17%

18.86%+1.3pp

335.11%-314.9pp

27571.02%-27550.9pp

Employer contribution / active EE

$1,889-100.0%

$3,786-100.0%

$2,032-100.0%

Participant deferral / active EE

$3,407

$3,340+2.0%

$4,482-24.0%

$3,224+5.7%

Admin fee / account holder

$12

$120-89.7%

$8,021-99.8%

$110-88.8%

Provider

Service type

Compensation

AMERICAN FUNDS2 years

Filed as: CAPITAL RESEARCH & MANAGEMENT CO.

Service code 25 · EIN 95-1411037

Directed Trustee

$3,675

MORGAN STANLEY SMITH BARNEY2 years

Service code 49 · EIN 26-4310632

Other Services

$14

E. GLUCK CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

E. GLUCK CORPORATION 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