Retirement plan

THE 401(K) PROFIT SHARING PLAN OF CASTLE HARLAN, INC.

Name: CASTLE HARLAN, INC - THE 401(K) PROFIT SHARING PLAN OF CASTLE HARLAN, INC. (2015) Form 5500
Creator: CASTLE HARLAN, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE 401(K) PROFIT SHARING PLAN OF CASTLE HARLAN, INC., CASTLE HARLAN, INC

CASTLE HARLAN, INCEIN 13-3389752Plan #001PY 2015

150 EAST 58TH STREET - NEW YORK, NY 10155212-644-8600castleharlan.comLinkedIn11-50 employeesventure capital & private equity

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$12.1M

No prior year

Total participants

No prior year

Average account balance

$149,399

No prior year

Annual return

-3.48%

No prior year

Benchmarks

See 489 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants25-99

Cohort489 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.62M

Not enough data

1 years with asset history on file

Average account balance

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

$195K

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.

185.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$144K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$172168

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 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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2.5M

$65715 / participant

Other / not subdivided$2M100.0%

% of EOY assets

20.635%

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

$149,399

$81,258+83.9%

$105,218+42.0%

$59,633+150.5%

Participation rate

86.8%

75.4%+11.4pp

77.2%+9.6pp

68.7%+18.2pp

Annual return

-3.48%

1.96%-5.4pp

5.33%-8.8pp

2041.45%-2044.9pp

Employer contribution / active EE

$2,562-100.0%

$3,255-100.0%

$2,203-100.0%

Participant deferral / active EE

$13,002

$3,881+235.0%

$4,867+167.2%

$3,192+307.4%

Admin fee / account holder

$30,829

$5,841+427.8%

$6,992+340.9%

$4,297+617.5%

THE 401(K) PROFIT SHARING PLAN OF CASTLE HARLAN, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE 401(K) PROFIT SHARING PLAN OF CASTLE HARLAN, INC.

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