Retirement plan

COMMENTARY, INC. 401(K) PROFIT SHARING PLAN

Name: COMMENTARY, INC. - COMMENTARY, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: COMMENTARY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMENTARY, INC. 401(K) PROFIT SHARING PLAN, COMMENTARY, INC.

COMMENTARY, INC.EIN 13-3610041Plan #001PY 2019

561 SEVENTH AVENUE, FLOOR 16 - NEW YORK, NY 10018212-891-6729commentary.orgLinkedIn1-10 employeespublishing

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

+23.7% from 2018

Total participants

-6.3% from 2018

Average account balance

$101,838

+32.5% from 2018

Annual return

20.30%

+24.75 pp from 2018

Benchmarks

See 8,832 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort8,832 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.62M

Not enough data

1 years with asset history on file

Average account balance

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

$238K

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.

220.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$67K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+19.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2699

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 codes2E2F2J2T3D

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).
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

$30K

$4347 / participant

Other / not subdivided$30K100.0%

% of EOY assets

2.134%

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

$101,838

$107,944-5.7%

$91,994+10.7%

$152,885-33.4%

Participation rate

85.7%

81.2%+4.5pp

78.6%+7.1pp

82.5%+3.3pp

Annual return

20.30%

89.26%-69.0pp

69.03%-48.7pp

345.39%-325.1pp

Employer contribution / active EE

$4,198

$4,210-0.3%

$3,452+21.6%

$4,763-11.9%

Participant deferral / active EE

$5,683

$6,365-10.7%

$5,923-4.1%

$5,851-2.9%

Admin fee / account holder

$2,173

$10,521-79.3%

$7,743-71.9%

$11,598-81.3%

COMMENTARY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMENTARY, INC. 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