Retirement plan

YANCEY RICHARDSON GALLERY 401(K) PROFIT SHARING PLAN

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

YANCEY RICHARDSON GALLERYEIN 13-3675286Plan #002PY 2019

535 WEST 22ND ST. - NEW YORK, NY 10011646-230-9610yanceyrichardson.comLinkedIn1-10 employeesfine art

Other plans on this EIN

1 filing

#001Retirement-$3.7M assets

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$780K

+31.9% from 2018

Total participants

+116.7% from 2018

Average account balance

$97,440

-1.0% from 2018

Annual return

18.78%

+28.50 pp from 2018

Benchmarks

See 7,787 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort7,787 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.56M

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

233.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$93K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+9.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$156

$39 / participant

Other / not subdivided$156100.0%

% of EOY assets

0.020%

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

$97,440

$117,444-17.0%

$99,479-2.0%

$152,909-36.3%

Participation rate

0.0%

77.5%-77.5pp

73.8%-73.8pp

82.5%-82.5pp

Annual return

18.78%

31.87%-13.1pp

30.72%-11.9pp

345.46%-326.7pp

Employer contribution / active EE

$12,568

$3,014+317.0%

$2,540+394.8%

$4,764+163.8%

Participant deferral / active EE

$6,875

$4,086+68.2%

$3,619+90.0%

$5,851+17.5%

Admin fee / account holder

$20

$7,635-99.7%

$6,253-99.7%

$11,601-99.8%

YANCEY RICHARDSON GALLERY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

YANCEY RICHARDSON 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