Retirement plan

EQUITY LEAGUE 401K PLAN

Name: BOARD OF TRUSTEES OF THE EQUITY LEAGUE 401K PLAN - EQUITY LEAGUE 401K PLAN (2025) Form 5500
Creator: BOARD OF TRUSTEES OF THE EQUITY LEAGUE 401K PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EQUITY LEAGUE 401K PLAN, BOARD OF TRUSTEES OF THE EQUITY LEAGUE 401K PLAN

BOARD OF TRUSTEES OF THE EQUITY LEAGUE 401K PLANEIN 13-4155733Plan #001PY 2025

165 WEST 46TH STREET 8TH FLOOR - NEW YORK, NY 100362501212-869-9380equityleague.orgLinkedIn5001-10000 employees

Prospect flagsLow assets / participantLow employer contributionLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$652.8M

+17.2% from 2024

Total participants

24,681

+0.9% from 2024

Average account balance

$26,448

+16.1% from 2024

Annual return

16.86%

+3.54 pp from 2024

Benchmarks

See 65 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants>=10,000

Cohort65 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$652.75M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

24,681

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

$26.05M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+16.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$87

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 8 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY2 years Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS Service code 28 · EIN 01-0233346	Investment Management	$625,695
PROSKAUER ROSE LLP10+ years Service code 29 · EIN 13-1840454	Legal	$71,276
SPIVAK LIPTON LLP10+ years Service code 29 · EIN 13-3494495	Legal	$63,122
THE SEGAL COMPANY9 years Filed as: SEGAL MARCO ADVISORS Service code 27 · EIN 13-2646110	Advisory (Plan)	$62,565
SCHULTHEIS & PANETTIERI, LLP10+ years Filed as: SCHULTHEIS & PANETTIERI LLP Service code 10 · EIN 13-1577780	Accounting	$61,584
TERRY SCHMIDT LLC7 years Service code 16 · EIN 45-3672353	Consulting	$11,682
THE SEGAL COMPANY6 years Filed as: THE SEGAL CO (EASTERN STATES) INC Service code 16 · EIN 13-1835864	Consulting	$8,926
COMPREHENSIVE CONSULTING SOLUTIONS2 years Service code 16 · EIN 52-2099008	Consulting	$8,350

Plan features & details

Pension benefit codes2E2F2G2J2T

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.

Opportunity flags

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$2.1M

$88 / participant

Recordkeeping$7K0.3%
Investment mgmt$688K32.1%
Legal$134K6.3%
Salaries / allowances$1M49.3%
Other trustee fees$6K0.3%
Other / not subdivided$251K11.7%

% of EOY assets

0.328%

all-in expense ratio

Categories reported

5 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SCHULTHEIS & PANETTIERI, LLP
Auditor EIN: 131577780
Audit fees: $55,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,448

$165,320-84.0%

$130,788-79.8%

$165,320-84.0%

Participation rate

100.0%

81.8%+18.2pp

70.1%+29.9pp

81.8%+18.2pp

Annual return

16.86%

12.93%+3.9pp

386.44%-369.6pp

12.93%+3.9pp

Employer contribution / active EE

$483

$4,428-89.1%

$3,558-86.4%

$4,428-89.1%

Participant deferral / active EE

$584

$7,228-91.9%

$4,137-85.9%

$7,228-91.9%

Admin fee / account holder

$87

$137-36.8%

$6,673-98.7%

$137-36.8%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY2 years

Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS

Service code 28 · EIN 01-0233346

Investment Management

$625,695

PROSKAUER ROSE LLP10+ years

Service code 29 · EIN 13-1840454

Legal

$71,276

SPIVAK LIPTON LLP10+ years

Service code 29 · EIN 13-3494495

Legal

$63,122

THE SEGAL COMPANY9 years

Filed as: SEGAL MARCO ADVISORS

Service code 27 · EIN 13-2646110

Advisory (Plan)

$62,565

SCHULTHEIS & PANETTIERI, LLP10+ years

Filed as: SCHULTHEIS & PANETTIERI LLP

Service code 10 · EIN 13-1577780

Accounting

$61,584

TERRY SCHMIDT LLC7 years

Service code 16 · EIN 45-3672353

Consulting

$11,682

THE SEGAL COMPANY6 years

Filed as: THE SEGAL CO (EASTERN STATES) INC

Service code 16 · EIN 13-1835864

Consulting

$8,926

COMPREHENSIVE CONSULTING SOLUTIONS2 years

Service code 16 · EIN 52-2099008

Consulting

$8,350

EQUITY LEAGUE 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EQUITY LEAGUE 401K 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