Retirement plan

E. D. & F. MAN HOLDINGS, INC. SAVINGS & INVESTMENT PLAN

Name: E.D. & F. MAN HOLDINGS, INC. - E. D. & F. MAN HOLDINGS, INC. SAVINGS & INVESTMENT PLAN (2023) Form 5500
Creator: E.D. & F. MAN HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, E. D. & F. MAN HOLDINGS, INC. SAVINGS & INVESTMENT PLAN, E.D. & F. MAN HOLDINGS, INC.

E.D. & F. MAN HOLDINGS, INC.EIN 13-4101062Plan #002PY 2023

365 CANAL ST, SUITE 2929 - NEW ORLEANS, LA 70130773-844-1858

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$109.6M

-2.7% from 2022

Total participants

843

-16.6% from 2022

Average account balance

$177,560

+22.9% from 2022

Annual return

15.29%

+31.16 pp from 2022

Benchmarks

See 258 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants250-999

Cohort258 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$117.03M

Not enough data

1 years with asset history on file

Average account balance

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

$208K

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.

563

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.

55.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.14M

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

+13.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$77

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
POSTLETHWAITE & NETTERVILLE2 years Service code 70 · EIN 72-1202445	Consulting Fees	$10,900
MERRILL LYNCH PIERCE FENNER & SMITH9+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085	Recordkeeping	$9,750
POLSINELLI8 years Service code 50 · EIN 43-1064260	Direct Payment	$9,663

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$30K

$59 / participant

Recordkeeping$10K32.2%
Investment mgmt$10K31.9%
Other / not subdivided$11K36.0%

% of EOY assets

0.028%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: EISNERAMPER
Auditor EIN: 871363769
Audit fees: $10,900
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$177,560

$82,978+114.0%

$130,270+36.3%

$74,473+138.4%

Participation rate

55.9%

73.7%-17.8pp

76.3%-20.4pp

70.7%-14.9pp

Annual return

15.29%

123.05%-107.8pp

38.89%-23.6pp

34.36%-19.1pp

Employer contribution / active EE

$5,059

$3,391+49.2%

$4,128+22.6%

$2,638+91.8%

Participant deferral / active EE

$4,619

$5,370-14.0%

$6,797-32.1%

$4,530+2.0%

Admin fee / account holder

$49

$354-86.1%

$6,022-99.2%

$347-85.8%

Provider

Service type

Compensation

POSTLETHWAITE & NETTERVILLE2 years

Service code 70 · EIN 72-1202445

Consulting Fees

$10,900

MERRILL LYNCH PIERCE FENNER & SMITH9+ years

Filed as: MERRILL LYNCH, PIERCE, FENNER AND S

Service code 15 · EIN 13-5674085

Recordkeeping

$9,750

POLSINELLI8 years

Service code 50 · EIN 43-1064260

Direct Payment

$9,663

E. D. & F. MAN HOLDINGS, INC. SAVINGS & INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

E. D. & F. MAN HOLDINGS, INC. SAVINGS & INVESTMENT 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