Retirement plan

KLINGENSTEIN, FIELDS & CO., L.L.C. SAVINGS AND INVESTMENT PLAN

Name: KLINGENSTEIN, FIELDS & CO., L.L.C. - KLINGENSTEIN, FIELDS & CO., L.L.C. SAVINGS AND INVESTMENT PLAN (2020) Form 5500
Creator: KLINGENSTEIN, FIELDS & CO., L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KLINGENSTEIN, FIELDS & CO., L.L.C. SAVINGS AND INVESTMENT PLAN, KLINGENSTEIN, FIELDS & CO., L.L.C.

KLINGENSTEIN, FIELDS & CO., L.L.C.EIN 13-3479093Plan #001PY 2020

125 PARK AVENUE, SUITE 1700 - NEW YORK, NY 100175529212-492-6178klingenstein.comLinkedIn11-50 employeesinvestment management

Prospect flagsHigh feesHigh assets / participant

Top hat statement on fileNQDC

Filed November 18, 2024

Plan administrator

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125 Park Avenue, Suite 1700

New York, NY 10017

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Plans declared (1)

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Total assets (EOY)

$44.3M

+15.4% from 2019

Total participants

+1.9% from 2019

Average account balance

$819,581

+9.0% from 2019

Annual return

15.19%

-9.04 pp from 2019

Benchmarks

See 7,209 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,209 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$60.97M

Not enough data

1 years with asset history on file

Average account balance

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

$1.2M

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.05M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$50K

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

+18.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$52831

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

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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.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.5M

$34704 / participant

Other / not subdivided$1M100.0%

% of EOY assets

3.293%

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

$819,581

$123,793+562.1%

$177,848+360.8%

$79,856+926.3%

Participation rate

100.0%

84.7%+15.3pp

87.7%+12.3pp

69.6%+30.4pp

Annual return

15.19%

22.82%-7.6pp

48.33%-33.1pp

31.71%-16.5pp

Employer contribution / active EE

$21,203

$4,095+417.7%

$5,919+258.2%

$2,471+758.0%

Participant deferral / active EE

$13,327

$5,956+123.8%

$7,714+72.8%

$3,741+256.3%

Admin fee / account holder

$26,992

$7,243+272.7%

$12,431+117.1%

$5,306+408.7%

KLINGENSTEIN, FIELDS & CO., L.L.C. SAVINGS AND INVESTMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KLINGENSTEIN, FIELDS & CO., L.L.C. SAVINGS AND INVESTMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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