Retirement plan

SIEBERT WILLIAMS SHANK & CO., LLC 401K SAVINGS PLAN

Name: SIEBERT WILLIAMS SHANK & CO., LLC - SIEBERT WILLIAMS SHANK & CO., LLC 401K SAVINGS PLAN (2021) Form 5500
Creator: SIEBERT WILLIAMS SHANK & CO., LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIEBERT WILLIAMS SHANK & CO., LLC 401K SAVINGS PLAN, SIEBERT WILLIAMS SHANK & CO., LLC

SIEBERT WILLIAMS SHANK & CO., LLCEIN 13-3932653Plan #002PY 2021

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

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$51.5M

+62.6% from 2020

Total participants

191

+42.5% from 2020

Average account balance

$271,050

+7.0% from 2020

Annual return

59.15%

+40.17 pp from 2020

Benchmarks

See 2,179 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,179 peers

Snapshot2021

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

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$305

$2 / participant

Contract admin$305100.0%

% of EOY assets

0.001%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GRASSI & CO., CPAS P.C.
Auditor EIN: 113266576
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$271,050

$121,341+123.4%

$189,537+43.0%

$79,391+241.4%

Participation rate

99.3%

86.1%+13.2pp

87.8%+11.5pp

70.7%+28.6pp

Annual return

59.15%

21.08%+38.1pp

555.34%-496.2pp

116.88%-57.7pp

Employer contribution / active EE

$6,429

$3,915+64.2%

$6,161+4.4%

$2,428+164.8%

Participant deferral / active EE

$14,373

$6,395+124.7%

$8,220+74.9%

$4,046+255.3%

Admin fee / account holder

$651-99.8%

$12,048-100.0%

$627-99.7%

SIEBERT WILLIAMS SHANK & CO., LLC 401K SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIEBERT WILLIAMS SHANK & CO., LLC 401K 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