Retirement plan

DAVID ZWIRNER INC 401(K) PROFIT SHARING PLAN & TRUST

Name: DAVID ZWIRNER INC - DAVID ZWIRNER INC 401(K) PROFIT SHARING PLAN & TRUST (2018) Form 5500
Creator: DAVID ZWIRNER INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVID ZWIRNER INC 401(K) PROFIT SHARING PLAN & TRUST, DAVID ZWIRNER INC

DAVID ZWIRNER INCEIN 13-3686839Plan #002PY 2018

525 W 19TH ST - NEW YORK, NY 100112808212-727-2070davidzwirner.comLinkedIn51-200 employeesfine art

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$11.5M

+5.3% from 2017

Total participants

212

+19.1% from 2017

Average account balance

$62,358

-10.0% from 2017

Annual return

-6.00%

-23.29 pp from 2017

Benchmarks

See 448 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort448 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.23M

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.

325

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.

91.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.65M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+17.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$237

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
COMMONWEALTH FINANCIAL NETWORK1 year Service code 15 29 SAWYER ROAD · WALTHAM, MA 02453	Recordkeeping	$27,772
PAYCHEX, INC.2 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625	Recordkeeping	$24,615

Plan features & details

Pension benefit codes3D3H2E2T2G2J2F

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$55K

$440 / participant

Investment mgmt$28K51.0%
Contract admin$26K47.9%
Other / not subdivided$6181.1%

% of EOY assets

0.472%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: FRANK, RIMERMAN & CO., LLP
Auditor EIN: 941341042
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,358

$45,825+36.1%

$90,657-31.2%

$56,289+10.8%

Participation rate

78.2%

66.7%+11.5pp

74.0%+4.2pp

69.9%+8.4pp

Annual return

-6.00%

38.64%-44.6pp

1.89%-7.9pp

-9.96%+4.0pp

Employer contribution / active EE

$5,948

$1,372+333.5%

$2,532+135.0%

$2,111+181.8%

Participant deferral / active EE

$5,296

$2,562+106.7%

$3,424+54.7%

$3,350+58.1%

Admin fee / account holder

$295

$413-28.6%

$4,994-94.1%

$521-43.4%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK1 year

Service code 15

29 SAWYER ROAD · WALTHAM, MA 02453

Recordkeeping

$27,772

PAYCHEX, INC.2 years

Service code 15 · EIN 16-1124166

911 PANORAMA TRAIL S · ROCHESTER, NY 14625

Recordkeeping

$24,615

DAVID ZWIRNER INC 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAVID ZWIRNER INC 401(K) PROFIT SHARING PLAN & TRUST

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