Retirement plan

FISHER, HARRIS, SHAPIRO RETIREMENT SAVINGS PLAN

Name: FISHER, HARRIS, SHAPIRO - FISHER, HARRIS, SHAPIRO RETIREMENT SAVINGS PLAN (2022) Form 5500
Creator: FISHER, HARRIS, SHAPIRO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FISHER, HARRIS, SHAPIRO RETIREMENT SAVINGS PLAN, FISHER, HARRIS, SHAPIRO

FISHER, HARRIS, SHAPIROEIN 13-3987615Plan #001PY 2022

880 THIRD AVE, 14TH FLOOR - NEW YORK, NY 100224730212-588-8320LinkedIn1-10 employeesmental health care

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.5M

+2.1% from 2021

Total participants

+11.8% from 2021

Average account balance

$83,902

-3.6% from 2021

Annual return

-23.12%

-38.88 pp from 2021

Benchmarks

See 35,220 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort35,220 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.40M

Not enough data

1 years with asset history on file

Average account balance

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

$129K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$641K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+21.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$795

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 codes2E2F2G2J3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$9K

$504 / participant

Other / not subdivided$9K100.0%

% of EOY assets

0.601%

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

$83,902

$167,504-49.9%

$151,628-44.7%

$134,509-37.6%

Participation rate

94.4%

88.4%+6.1pp

87.5%+7.0pp

81.2%+13.2pp

Annual return

-23.12%

7.81%-30.9pp

3.34%-26.5pp

418.13%-441.3pp

Employer contribution / active EE

$7,718

$6,828+13.0%

$6,165+25.2%

$4,741+62.8%

Participant deferral / active EE

$13,041

$8,985+45.1%

$8,363+55.9%

$6,400+103.8%

Admin fee / account holder

$504

$13,779-96.3%

$11,613-95.7%

$11,427-95.6%

FISHER, HARRIS, SHAPIRO RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FISHER, HARRIS, SHAPIRO RETIREMENT 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