Retirement plan

COATUE MANAGEMENT, LLC 401(K) PLAN

Name: COATUE MANAGEMENT, LLC - COATUE MANAGEMENT, LLC 401(K) PLAN (2024) Form 5500
Creator: COATUE MANAGEMENT, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COATUE MANAGEMENT, LLC 401(K) PLAN, COATUE MANAGEMENT, LLC

COATUE MANAGEMENT, LLCEIN 13-4078032Plan #001PY 2024

9 WEST 57TH ST, 25TH FLOOR - NEW YORK, NY 10019212-715-5100coatue.comLinkedIn51-200 employeesinvestment management

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$34.2M

+21.4% from 2023

Total participants

302

+3.8% from 2023

Average account balance

$129,961

+16.3% from 2023

Annual return

15.80%

-8.10 pp from 2023

Benchmarks

See 2,173 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,173 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.18M

Not enough data

1 years with asset history on file

Average account balance

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

$130K

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.

263

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.

79.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+15.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$377

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 4 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY9 years Service code 13 · EIN 42-0127290 711 HIGH STREET DES MOINES · DES MOINES, IA 503922300	Contract Administrator	$96,615
KESTRA INVESTMENT SERVICES LLC8 years Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27	Advisory (Plan)	$51,250
THE BENEFIT PRACTICE9 years Service code 13 · EIN 13-4144565 1055 WASHINGTON BLVD. · STAMFORD, CT 06901	Contract Administrator	$25,200
KESTRA INVESTMENT SERVICES LLC7 years Filed as: KESTRA ADVISORY SERVICES LLC Service code 27 · EIN 35-2552359 1250 S CAPITAL OF TEXAS · W LAKE HILLS, TX 787466446	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2T3B3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$99K

$533 / participant

Contract admin$99K100.0%

% of EOY assets

0.290%

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: WITHUMSMITH & BROWN, PC
Auditor EIN: 222027092
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$129,961

$122,063+6.5%

$184,256-29.5%

$74,478+74.5%

Participation rate

79.0%

85.5%-6.4pp

86.8%-7.8pp

67.2%+11.8pp

Annual return

15.80%

19.92%-4.1pp

28.85%-13.0pp

1370.56%-1354.8pp

Employer contribution / active EE

$4,539-100.0%

$6,427-100.0%

$2,626-100.0%

Participant deferral / active EE

$16,196

$7,144+126.7%

$9,133+77.3%

$4,350+272.3%

Admin fee / account holder

$377

$1,253-69.9%

$13,899-97.3%

$1,946-80.6%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY9 years

Service code 13 · EIN 42-0127290

711 HIGH STREET DES MOINES · DES MOINES, IA 503922300

Contract Administrator

$96,615

KESTRA INVESTMENT SERVICES LLC8 years

Filed as: KESTRA ADVISORY SERVICES, LLC

Service code 27

Advisory (Plan)

$51,250

THE BENEFIT PRACTICE9 years

Service code 13 · EIN 13-4144565

1055 WASHINGTON BLVD. · STAMFORD, CT 06901

Contract Administrator

$25,200

KESTRA INVESTMENT SERVICES LLC7 years

Filed as: KESTRA ADVISORY SERVICES LLC

Service code 27 · EIN 35-2552359

1250 S CAPITAL OF TEXAS · W LAKE HILLS, TX 787466446

Advisory (Plan)

COATUE MANAGEMENT, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COATUE 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