Retirement plan

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

Name: DAVID ZWIRNER INC - DAVID ZWIRNER INC 401(K) PROFIT SHARING PLAN & TRUST (2019) 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 2019

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)

$15.3M

+32.9% from 2018

Total participants

257

+21.2% from 2018

Average account balance

$66,955

+7.4% from 2018

Annual return

23.60%

+29.60 pp from 2018

Benchmarks

See 449 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort449 peers

Snapshot2019

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 4 by compensation

Provider	Service type	Compensation
PAYCHEX, INC.3 years Service code 13 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625	Contract Administrator	$24,233
CALTON & ASSOCIATES, INC.1 year Filed as: CALTON & ASSOCIATES INC Service code 13 2701 N ROCKY POINT DR STE 1000 · TAMPA, FL 33607	Contract Administrator	$23,443
COMMONWEALTH FINANCIAL NETWORK2 years Service code 13 29 SAWYER ROAD · WALTHAM, MA 02453	Contract Administrator	$14,692
ERISA FIDUCIARY SERVICES, INC.1 year Filed as: ERISA FIDUCIARY SERVICES INC. Service code 13 · EIN 47-1637791 1800 WALT WHITMAN ROAD · MELVILLE, NY 117473237	Contract Administrator	$5,080

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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

$69K

$473 / participant

Investment mgmt$44K64.4%
Contract admin$24K35.6%

% of EOY assets

0.447%

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

$66,955

$50,175+33.4%

$99,479-32.7%

$65,186+2.7%

Participation rate

80.7%

68.4%+12.3pp

73.8%+6.9pp

70.2%+10.5pp

Annual return

23.60%

25.36%-1.8pp

30.72%-7.1pp

29.39%-5.8pp

Employer contribution / active EE

$6,003

$1,496+301.3%

$2,540+136.3%

$2,177+175.8%

Participant deferral / active EE

$4,794

$2,748+74.5%

$3,619+32.5%

$3,514+36.4%

Admin fee / account holder

$299

$398-24.7%

$6,253-95.2%

$847-64.7%

Provider

Service type

Compensation

PAYCHEX, INC.3 years

Service code 13 · EIN 16-1124166

911 PANORAMA TRAIL S · ROCHESTER, NY 14625

Contract Administrator

$24,233

CALTON & ASSOCIATES, INC.1 year

Filed as: CALTON & ASSOCIATES INC

Service code 13

2701 N ROCKY POINT DR STE 1000 · TAMPA, FL 33607

Contract Administrator

$23,443

COMMONWEALTH FINANCIAL NETWORK2 years

Service code 13

29 SAWYER ROAD · WALTHAM, MA 02453

Contract Administrator

$14,692

ERISA FIDUCIARY SERVICES, INC.1 year

Filed as: ERISA FIDUCIARY SERVICES INC.

Service code 13 · EIN 47-1637791

1800 WALT WHITMAN ROAD · MELVILLE, NY 117473237

Contract Administrator

$5,080

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