Retirement plan

PAPAMARKOU WELLNER ASSET MANAG 401 K PROFIT SHARING PLAN TRUST

Name: PAPAMARKOU WELLNER ASSET MANAG - PAPAMARKOU WELLNER ASSET MANAG 401 K PROFIT SHARING PLAN TRUST (2017) Form 5500
Creator: PAPAMARKOU WELLNER ASSET MANAG
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PAPAMARKOU WELLNER ASSET MANAG 401 K PROFIT SHARING PLAN TRUST, PAPAMARKOU WELLNER ASSET MANAG

PAPAMARKOU WELLNER ASSET MANAGEIN 13-3327429Plan #001PY 2017

430 PARK AVE FL 17 - NEW YORK, NY 100223528212-223-2020LinkedIn11-50 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.3M

+31.3% from 2016

Total participants

0.0% from 2016

Average account balance

$162,761

+21.9% from 2016

Annual return

25.77%

+22.08 pp from 2016

Benchmarks

See 30,802 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,802 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.05M

Not enough data

1 years with asset history on file

Average account balance

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

$503K

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.

81.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$307K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+21.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$997

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 codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$7K

$700 / participant

Other / not subdivided$7K100.0%

% of EOY assets

0.307%

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

$162,761

$171,867-5.3%

$149,721+8.7%

$147,586+10.3%

Participation rate

90.0%

88.2%+1.8pp

87.1%+2.9pp

82.8%+7.2pp

Annual return

25.77%

2113.36%-2087.6pp

1501.67%-1475.9pp

578.59%-552.8pp

Employer contribution / active EE

$4,857

$6,275-22.6%

$5,444-10.8%

$4,876-0.4%

Participant deferral / active EE

$5,468

$7,270-24.8%

$6,568-16.8%

$5,439+0.5%

Admin fee / account holder

$500

$13,799-96.4%

$11,282-95.6%

$10,886-95.4%

PAPAMARKOU WELLNER ASSET MANAG 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PAPAMARKOU WELLNER ASSET MANAG 401 K PROFIT SHARING PLAN TRUST

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