Retirement plan

AMERICAN ART D/B/A RICCO/MARESCA GALLERY 401 (K) PROFIT SHARING PLAN

Name: AMERICAN ARTD/B/A RICCO/MARESCA GALLERY - AMERICAN ART D/B/A RICCO/MARESCA GALLERY 401 (K) PROFIT SHARING PLAN (2016) Form 5500
Creator: AMERICAN ARTD/B/A RICCO/MARESCA GALLERY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN ART D/B/A RICCO/MARESCA GALLERY 401 (K) PROFIT SHARING PLAN, AMERICAN ARTD/B/A RICCO/MARESCA GALLERY

AMERICAN ARTD/B/A RICCO/MARESCA GALLERYEIN 13-3521969Plan #002PY 2016

529 WEST 20TH STREET - NEW YORK, NY 11011212-627-4819

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$574K

+12.2% from 2015

Total participants

+25.0% from 2015

Average account balance

$114,757

-32.7% from 2015

Annual return

9.50%

+2.03 pp from 2015

Benchmarks

See 7,097 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort7,097 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$891K

Not enough data

1 years with asset history on file

Average account balance

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

$297K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+29.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15851

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 codes2E2H2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.

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

$6K

$1600 / participant

Other / not subdivided$6K100.0%

% of EOY assets

1.115%

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

$114,757

$105,623+8.6%

$87,502+31.1%

$273,972-58.1%

Participation rate

100.0%

78.2%+21.8pp

73.8%+26.2pp

83.0%+17.0pp

Annual return

9.50%

12.26%-2.8pp

12.21%-2.7pp

41.46%-32.0pp

Employer contribution / active EE

$1,553

$3,141-50.6%

$2,550-39.1%

$4,869-68.1%

Participant deferral / active EE

$3,544

$3,601-1.6%

$3,149+12.5%

$5,287-33.0%

Admin fee / account holder

$1,280

$4,781-73.2%

$4,221-69.7%

$10,133-87.4%

AMERICAN ART D/B/A RICCO/MARESCA GALLERY 401 (K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN ART D/B/A RICCO/MARESCA GALLERY 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