Retirement plan

NYK GROUP AMERICAS INC. SAVINGS PLAN

Name: NYK GROUP AMERICAS INC. - NYK GROUP AMERICAS INC. SAVINGS PLAN (2023) Form 5500
Creator: NYK GROUP AMERICAS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NYK GROUP AMERICAS INC. SAVINGS PLAN, NYK GROUP AMERICAS INC.

NYK GROUP AMERICAS INC.EIN 13-3800790Plan #003PY 2023

300 LIGHTING WAY, 5TH FLOOR - SECAUCUS, NJ 07094201-381-7182LinkedIn51-200 employeesmaritime

Other plans on this EIN

1 filing

#004Retirement-$42.7M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$65.1M

+8.8% from 2022

Total participants

398

-11.0% from 2022

Average account balance

$219,999

+9.2% from 2022

Annual return

19.94%

+40.49 pp from 2022

Benchmarks

See 1,237 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,237 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$69.49M

Not enough data

1 years with asset history on file

Average account balance

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

$251K

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.

277

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.

46.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$402

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
CAPFINANCIAL PARTNERS LLC1 year Service code 27 PO BOX 60071 · RALEIGH, NC 27675	Advisory (Plan)	$48,455
BPM LLP3 years Service code 10 400 OCEANGATE · LONG BEACH, CA 90802	Accounting	$19,089
PORTFOLIO EVALUATIONS, INC.4+ years Filed as: PORTFOLIO EVALUATIONS INC Service code 16 15 INDEPENDENCE BLVD · WARREN, NJ 07059	Consulting	$15,835
T ROWE PRICE RPS INC4+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$2,237

Plan features & details

Pension benefit codes2E2F2G2J2K2X3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$87K

$401 / participant

Recordkeeping$2K2.6%
Investment mgmt$49K57.1%
Legal$18K20.8%
Other / not subdivided$17K19.5%

% of EOY assets

0.133%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BPM, LLP
Auditor EIN: 814234542
Audit fees: $1,070
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$219,999

$51,083+330.7%

$70,548+211.8%

$71,495+207.7%

Participation rate

52.8%

59.4%-6.6pp

68.3%-15.6pp

67.9%-15.2pp

Annual return

19.94%

42.64%-22.7pp

32.78%-12.8pp

28.85%-8.9pp

Employer contribution / active EE

$1,573

$1,791-12.2%

$2,975-47.1%

$2,589-39.3%

Participant deferral / active EE

$4,896

$3,028+61.7%

$4,567+7.2%

$4,291+14.1%

Admin fee / account holder

$293

$1,995-85.3%

$6,424-95.4%

$1,588-81.6%

Provider

Service type

Compensation

CAPFINANCIAL PARTNERS LLC1 year

Service code 27

PO BOX 60071 · RALEIGH, NC 27675

Advisory (Plan)

$48,455

BPM LLP3 years

Service code 10

400 OCEANGATE · LONG BEACH, CA 90802

Accounting

$19,089

PORTFOLIO EVALUATIONS, INC.4+ years

Filed as: PORTFOLIO EVALUATIONS INC

Service code 16

15 INDEPENDENCE BLVD · WARREN, NJ 07059

Consulting

$15,835

T ROWE PRICE RPS INC4+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$2,237

NYK GROUP AMERICAS INC. SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NYK GROUP AMERICAS INC. SAVINGS 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