Retirement plan

SIEBERT CISNEROS SHANK & CO. L.L.C. 401(K) SAVINGS PLAN

Name: SIEBERT CISNEROS SHANK & CO. L.L.C. - SIEBERT CISNEROS SHANK & CO. L.L.C. 401(K) SAVINGS PLAN (2017) Form 5500
Creator: SIEBERT CISNEROS SHANK & CO. L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIEBERT CISNEROS SHANK & CO. L.L.C. 401(K) SAVINGS PLAN, SIEBERT CISNEROS SHANK & CO. L.L.C.

SIEBERT CISNEROS SHANK & CO. L.L.C.EIN 13-3932653Plan #002PY 2017

1999 HARRISON ST., SUITE 2720 - OAKLAND, CA 946123500510-645-2245siebertwilliams.comLinkedIn51-200 employeesinvestment banking

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$20.7M

+19.6% from 2016

Total participants

111

+5.7% from 2016

Average account balance

$188,511

+14.2% from 2016

Annual return

13.97%

+9.30 pp from 2016

Benchmarks

See 7,574 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,574 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$57.52M

Not enough data

1 years with asset history on file

Average account balance

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

$286K

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.

201

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

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

+14.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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 codes2E2F2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$1.1M

$13899 / participant

Other / not subdivided$1M100.0%

% of EOY assets

5.161%

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

$188,511

$100,060+88.4%

$149,721+25.9%

$70,126+168.8%

Participation rate

98.7%

83.6%+15.1pp

87.1%+11.6pp

69.5%+29.2pp

Annual return

13.97%

27.46%-13.5pp

1501.67%-1487.7pp

73.15%-59.2pp

Employer contribution / active EE

$19,411

$3,661+430.2%

$5,444+256.5%

$2,343+728.6%

Participant deferral / active EE

$7,154

$4,982+43.6%

$6,568+8.9%

$3,332+114.7%

Admin fee / account holder

$9,729

$8,285+17.4%

$11,282-13.8%

$4,645+109.4%

SIEBERT CISNEROS SHANK & CO. L.L.C. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIEBERT CISNEROS SHANK & CO. L.L.C. 401(K) 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