Retirement plan

ROBERT A.M. STERN ARCHITECTS 401(K) PROFIT SHARING PLAN

Name: ROBERT A.M. STERN ARCHITECTS, LLP - ROBERT A.M. STERN ARCHITECTS 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: ROBERT A.M. STERN ARCHITECTS, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROBERT A.M. STERN ARCHITECTS 401(K) PROFIT SHARING PLAN, ROBERT A.M. STERN ARCHITECTS, LLP

ROBERT A.M. STERN ARCHITECTS, LLPEIN 13-3471765Plan #001PY 2024

ONE PARK AVENUE, 16TH FLOOR - NEW YORK, NY 10016212-967-5100

Prospect flagsLow returnsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$77.5M

+12.4% from 2023

Total participants

462

-2.9% from 2023

Average account balance

$168,129

+15.3% from 2023

Annual return

12.52%

-4.64 pp from 2023

Benchmarks

See 6,290 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,290 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$77.51M

Not enough data

1 years with asset history on file

Average account balance

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

$168K

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.

461

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.

99.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.65M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+12.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$352

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 5 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVICES INC. Service code 99 · EIN 13-2638166	Other Fees	$62,056
THE VANGUARD GROUP, INC.10+ years Service code 15 · EIN 23-1945930	Recordkeeping	$37,484
ANCHIN, BLOCK & ANCHIN LLP1 year Filed as: ANCHIN, BLOCK & ANCHIN Service code 99 · EIN 13-0436940	Other Fees	$33,225
THE VANGUARD GROUP, INC.4 years Filed as: VANGUARD ADVISERS INC. Service code 26 · EIN 23-2811930	Advisory (Participants)	$24,752
CBIZ RETIREMENT PLAN SERVICES1 year Filed as: CBIZ BENEFITS & INS SVCS Service code 99 · EIN 31-1582098	Other Fees	$6,500

Plan features & details

Pension benefit codes2A2E2F2G2J2K3B3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

3 tripped

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

$162K

$705 / participant

Other / not subdivided$162K100.0%

% of EOY assets

0.209%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ANCHIN, BLOCK & ANCHIN LLP
Auditor EIN: 130436940
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$168,129

$101,539+65.6%

$147,041+14.3%

$74,400+126.0%

Participation rate

99.6%

75.5%+24.0pp

82.2%+17.4pp

67.2%+32.4pp

Annual return

12.52%

8740.84%-8728.3pp

419.21%-406.7pp

1367.51%-1355.0pp

Employer contribution / active EE

$3,811-100.0%

$4,935-100.0%

$2,624-100.0%

Participant deferral / active EE

$11,518

$7,304+57.7%

$8,071+42.7%

$4,348+164.9%

Admin fee / account holder

$352

$1,749-79.9%

$13,006-97.3%

$1,944-81.9%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVICES INC.

Service code 99 · EIN 13-2638166

Other Fees

$62,056

THE VANGUARD GROUP, INC.10+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$37,484

ANCHIN, BLOCK & ANCHIN LLP1 year

Filed as: ANCHIN, BLOCK & ANCHIN

Service code 99 · EIN 13-0436940

Other Fees

$33,225

THE VANGUARD GROUP, INC.4 years

Filed as: VANGUARD ADVISERS INC.

Service code 26 · EIN 23-2811930

Advisory (Participants)

$24,752

CBIZ RETIREMENT PLAN SERVICES1 year

Filed as: CBIZ BENEFITS & INS SVCS

Service code 99 · EIN 31-1582098

Other Fees

$6,500

ROBERT A.M. STERN ARCHITECTS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROBERT A.M. STERN ARCHITECTS 401(K) PROFIT SHARING 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