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. (2016) 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 2016

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.5M

-13.2% from 2015

Total participants

-15.1% from 2015

Average account balance

$156,760

+4.9% from 2015

Annual return

7.40%

+10.88 pp from 2015

Benchmarks

See 511 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants25-99

Cohort511 peers

Snapshot2016

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

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

$2.9M

$80842 / participant

Other / not subdivided$3M100.0%

% of EOY assets

27.710%

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

$156,760

$72,114+117.4%

$108,745+44.2%

$62,881+149.3%

Participation rate

83.3%

74.6%+8.7pp

77.7%+5.7pp

69.3%+14.0pp

Annual return

7.40%

13.41%-6.0pp

46.22%-38.8pp

20.14%-12.7pp

Employer contribution / active EE

$2,694-100.0%

$3,323-100.0%

$2,281-100.0%

Participant deferral / active EE

$9,193

$4,044+127.3%

$5,121+79.5%

$3,203+187.0%

Admin fee / account holder

$43,437

$4,608+842.7%

$6,144+607.0%

$4,296+911.2%

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