Retirement plan

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

Name: SIEBERT WILLIAMS SHANK & CO., LLC - SIEBERT WILLIAMS SHANK & CO., LLC 401K SAVINGS PLAN (2024) 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 2024

100 WALL ST, 18TH FLOOR - NEW YORK CITY, NY 10005510-645-2245siebertwilliams.comLinkedIn51-200 employeesinvestment banking

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$57.5M

+12.3% from 2023

Total participants

201

+1.0% from 2023

Average account balance

$286,193

+11.2% from 2023

Annual return

14.73%

-3.25 pp from 2023

Benchmarks

See 2,174 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,174 peers

Snapshot2024

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

Top 1 by compensation

Provider	Service type	Compensation
STANCORP FINANCIAL GROUP3 years Service code 12 · EIN 93-1253576	Claims processing; Custodial (other t...	$1,355

Plan features & details

Pension benefit codes2E2F2G2J2R2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$1K

$10 / participant

Contract admin$1K100.0%

% of EOY assets

0.002%

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

$286,193

$122,042+134.5%

$184,243+55.3%

$74,429+284.5%

Participation rate

100.0%

85.5%+14.5pp

86.8%+13.2pp

67.2%+32.8pp

Annual return

14.73%

19.91%-5.2pp

28.82%-14.1pp

1368.38%-1353.7pp

Employer contribution / active EE

$8,306

$4,538+83.0%

$6,427+29.2%

$2,625+216.4%

Participant deferral / active EE

$19,356

$7,143+171.0%

$9,132+112.0%

$4,348+345.1%

Admin fee / account holder

$1,252-99.4%

$13,914-99.9%

$1,944-99.6%

Provider

Service type

Compensation

STANCORP FINANCIAL GROUP3 years

Service code 12 · EIN 93-1253576

Claims processing; Custodial (other t...

$1,355

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