Retirement plan

MILLENNIUM PARTNERS MANAGEMENT LLC 401(K) PLAN

Name: MILLENNIUM PARTNERS MANAGEMENT L - MILLENNIUM PARTNERS MANAGEMENT LLC 401(K) PLAN (2017) Form 5500
Creator: MILLENNIUM PARTNERS MANAGEMENT L
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILLENNIUM PARTNERS MANAGEMENT LLC 401(K) PLAN, MILLENNIUM PARTNERS MANAGEMENT L

MILLENNIUM PARTNERS MANAGEMENT LEIN 13-3946388Plan #002PY 2017

1995 BROADWAY 3RD FLOOR - NEW YORK, NY 10023212-875-4983LinkedIn51-200 employeesreal estate

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$18M

+16.5% from 2016

Total participants

179

-6.8% from 2016

Average account balance

$119,960

+18.8% from 2016

Annual return

19.10%

+10.13 pp from 2016

Benchmarks

See 939 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort939 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.68M

Not enough data

1 years with asset history on file

Average account balance

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

$223K

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.

133

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.

74.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+15.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$127

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 3 by compensation

Provider	Service type	Compensation
MESIROW FINANCIAL INVESTMENT MANAGE1 year Service code 15 · EIN 36-3429599	Recordkeeping	$13,440
ADP BROKER-DEALER3+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$3,065
ADP BROKER-DEALER3+ years Service code 49 · EIN 22-3319984	Other Services	$0

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

$17K

$119 / participant

Other / not subdivided$17K100.0%

% of EOY assets

0.092%

all-in expense ratio

Categories reported

0 / 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: G.R. REID ASSOCIATES, LLP
Auditor EIN: 203704273
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$119,960

$52,639+127.9%

$185,117-35.2%

$62,293+92.6%

Participation rate

79.1%

63.9%+15.3pp

77.3%+1.9pp

69.5%+9.6pp

Annual return

19.10%

19.57%-0.5pp

40.50%-21.4pp

28.90%-9.8pp

Employer contribution / active EE

$1,483-100.0%

$4,182-100.0%

$2,042-100.0%

Participant deferral / active EE

$8,727

$3,097+181.8%

$5,045+73.0%

$3,169+175.4%

Admin fee / account holder

$110

$374-70.5%

$8,159-98.7%

$479-77.0%

Provider

Service type

Compensation

MESIROW FINANCIAL INVESTMENT MANAGE1 year

Service code 15 · EIN 36-3429599

Recordkeeping

$13,440

ADP BROKER-DEALER3+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$3,065

ADP BROKER-DEALER3+ years

Service code 49 · EIN 22-3319984

Other Services

MILLENNIUM PARTNERS MANAGEMENT LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILLENNIUM PARTNERS MANAGEMENT LLC 401(K) 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