Retirement plan

BLACK ENTERPRISE GREENWICH STREET CORPORATE GROWTH MGMT LLC

Name: BLACK ENTERPRISE GREENWICH STREET GROWTH MGMT LLC - BLACK ENTERPRISE GREENWICH STREET CORPORATE GROWTH MGMT LLC (2022) Form 5500
Creator: BLACK ENTERPRISE GREENWICH STREET GROWTH MGMT LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLACK ENTERPRISE GREENWICH STREET CORPORATE GROWTH MGMT LLC, BLACK ENTERPRISE GREENWICH STREET GROWTH MGMT LLC

BLACK ENTERPRISE GREENWICH STREET GROWTH MGMT LLCEIN 13-3961841Plan #001PY 2022

500 7TH AVE, FLOOR 8A - NEW YORK, NY 10018212-886-9535

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$173K

-83.8% from 2021

Total participants

-40.0% from 2021

Average account balance

$57,590

-73.0% from 2021

Annual return

-9.02%

-23.77 pp from 2021

Benchmarks

See 35,209 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort35,209 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$293K

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+28.56%

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

0 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 codes2F2G2J2T3D2E

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.

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

$795K

Other / not subdivided$795K100.0%

% of EOY assets

460.274%

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

$57,590

$167,522-65.6%

$151,639-62.0%

$134,532-57.2%

Participation rate

0.0%

88.4%-88.4pp

87.5%-87.5pp

81.2%-81.2pp

Annual return

-9.02%

7.81%-16.8pp

3.34%-12.4pp

418.27%-427.3pp

Employer contribution / active EE

$6,828-100.0%

$6,165-100.0%

$4,741-100.0%

Participant deferral / active EE

$8,986-100.0%

$8,363-100.0%

$6,401-100.0%

Admin fee / account holder

$265,070

$13,780+1823.6%

$11,613+2182.5%

$11,429+2219.4%

BLACK ENTERPRISE GREENWICH STREET CORPORATE GROWTH MGMT LLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLACK ENTERPRISE GREENWICH STREET CORPORATE GROWTH MGMT LLC

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