Retirement plan

NEW YORK CITY ACOUSTICS INC 401K PLAN

Name: NEW YORK CITY ACOUSTICS INC 401K PLAN - NEW YORK CITY ACOUSTICS INC 401K PLAN (2017) Form 5500
Creator: NEW YORK CITY ACOUSTICS INC 401K PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEW YORK CITY ACOUSTICS INC 401K PLAN, NEW YORK CITY ACOUSTICS INC 401K PLAN

NEW YORK CITY ACOUSTICS INC 401K PLANEIN 13-3564989Plan #002PY 2017

44 LAFORGE PLACE - STATEN ISLAND, NY 10302718-727-1500LinkedIn1-10 employeesconstruction

Other plans on this EIN

1 filing

#003Retirement-$2.8M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.4M

+30.8% from 2016

Total participants

0.0% from 2016

Average account balance

$140,249

+30.8% from 2016

Annual return

13.48%

+6.51 pp from 2016

Benchmarks

See 37,232 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort37,232 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$750K

Not enough data

1 years with asset history on file

Average account balance

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

$107K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+7.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$66687

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$140,249

$106,001+32.3%

$92,235+52.1%

$147,585-5.0%

Participation rate

100.0%

80.4%+19.6pp

76.5%+23.5pp

82.8%+17.2pp

Annual return

13.48%

50.05%-36.6pp

176.28%-162.8pp

578.56%-565.1pp

Employer contribution / active EE

$22,505

$4,333+419.4%

$3,679+511.6%

$4,876+361.5%

Participant deferral / active EE

$14,585

$4,478+225.7%

$3,897+274.3%

$5,439+168.2%

Admin fee / account holder

$6,332-100.0%

$5,194-100.0%

$10,885-100.0%

NEW YORK CITY ACOUSTICS INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

NEW YORK CITY ACOUSTICS INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion