Retirement plan

E. GLUCK CORPORATION 401(K) PLAN

Name: E. GLUCK CORPORATION - E. GLUCK CORPORATION 401(K) PLAN (2019) 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 2019

6015 LITTLENECK PARKWAY - LITTLENECK, NY 11362718-482-2708egluck.comLinkedIn201-500 employeesluxury goods & jewelry

Other plans on this EIN

2 filings

#006Retirement-$6.9M assets #005Retirement--

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$13.5M

+8.0% from 2018

Total participants

341

-3.4% from 2018

Average account balance

$50,219

+16.0% from 2018

Annual return

20.65%

+23.31 pp from 2018

Benchmarks

See 1,313 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,313 peers

Snapshot2019

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 FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS. Service code 25 · EIN 82-4555287	Directed Trustee	$3,648
MORGAN STANLEY SMITH BARNEY4 years Service code 49 · EIN 26-4310632	Other Services	$3

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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$4K

$14 / participant

Contract admin$4K100.0%

% of EOY assets

0.027%

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

$50,219

$69,159-27.4%

$125,195-59.9%

$67,582-25.7%

Participation rate

72.5%

78.2%-5.7pp

79.8%-7.3pp

71.3%+1.2pp

Annual return

20.65%

27.12%-6.5pp

43.79%-23.1pp

378.57%-357.9pp

Employer contribution / active EE

$2,023-100.0%

$3,866-100.0%

$2,148-100.0%

Participant deferral / active EE

$3,170

$3,700-14.3%

$4,937-35.8%

$3,539-10.4%

Admin fee / account holder

$14

$142-90.4%

$9,704-99.9%

$142-90.5%

Provider

Service type

Compensation

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS.

Service code 25 · EIN 82-4555287

Directed Trustee

$3,648

MORGAN STANLEY SMITH BARNEY4 years

Service code 49 · EIN 26-4310632

Other Services

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