Retirement plan

EQUITY LEAGUE 401K PLAN

Name: BOARD OF TRUSTEES OF THE EQUITY LEAGUE 401K PLAN - EQUITY LEAGUE 401K PLAN (2015) 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 2015

165 WEST 46TH STREET 14TH FLOOR - NEW YORK, NY 100362501212-869-9380equityleague.orgLinkedIn5001-10000 employees

Prospect flagsLow assets / participantLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$221.7M

-11.3% from 2016

Total participants

19,581

-7.2% from 2016

Average account balance

$11,597

-4.6% from 2016

Annual return

-0.62%

-8.76 pp from 2016

Benchmarks

See 908 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants>=10,000

Cohort908 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$557.10M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

24,451

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

$25.12M

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

+13.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$71

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 10 by compensation

Provider	Service type	Compensation
EQUITY SERVICES INC1+ years Filed as: EQUITY LEAGUE 401K TRUST FUND Service code 14	Plan Administrator	$118,290
PROSKAUER ROSE LLP1+ years Filed as: PROSKAUER ROSE Service code 29 · EIN 13-1840454	Legal	$55,478
SCHULTHEIS & PANETTIERI, LLP1+ years Service code 10 · EIN 13-1577780	Accounting	$47,600
SPIVAK LIPTON LLP1+ years Filed as: SPIVAK LIPTON Service code 29 · EIN 13-3494495	Legal	$41,835
THE SEGAL COMPANY1+ years Filed as: SEGAL ROGERSCASEY Service code 27 · EIN 13-2646110	Advisory (Plan)	$36,000
FIVE STAR PRINTING & MAILING1+ years Filed as: FIVE STAR DISPATCH BUS. SVC., INC. Service code 38 · EIN 46-3110430	Participant Communication	$25,138
TERRY SCHMIDT LLC1+ years Filed as: TERRY SCHMIDT Service code 16 · EIN 45-3672353	Consulting	$6,811
THE SEGAL COMPANY1+ years Filed as: SEGAL SELECT INSURANCE SERVICES INC Service code 53	Insurance Commissions	$3,967
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$395
THE SEGAL COMPANY1+ years Filed as: SEGAL SELECT INSURANCE SERVICES Service code 53 · EIN 46-0619194	Insurance Commissions	$0

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

3 tripped

OpportunityLow participant contribution
Participant 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

$889K

$46 / participant

Investment mgmt$36K4.0%
Other / not subdivided$853K96.0%

% of EOY assets

0.401%

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: SCHULTHEIS & PANETTIERI, LLP
Auditor EIN: 131577780
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,597

$69,651-83.3%

$100,671-88.5%

$69,651-83.3%

Participation rate

97.6%

66.6%+31.1pp

70.7%+26.9pp

66.6%+31.1pp

Annual return

-0.62%

53.77%-54.4pp

20.43%-21.0pp

53.77%-54.4pp

Employer contribution / active EE

$336

$2,241-85.0%

$4,012-91.6%

$2,241-85.0%

Participant deferral / active EE

$509

$3,635-86.0%

$3,144-83.8%

$3,635-86.0%

Admin fee / account holder

$46

$63-26.5%

$4,850-99.0%

$63-26.5%

Provider

Service type

Compensation

EQUITY SERVICES INC1+ years

Filed as: EQUITY LEAGUE 401K TRUST FUND

Service code 14

Plan Administrator

$118,290

PROSKAUER ROSE LLP1+ years

Filed as: PROSKAUER ROSE

Service code 29 · EIN 13-1840454

Legal

$55,478

SCHULTHEIS & PANETTIERI, LLP1+ years

Service code 10 · EIN 13-1577780

Accounting

$47,600

SPIVAK LIPTON LLP1+ years

Filed as: SPIVAK LIPTON

Service code 29 · EIN 13-3494495

Legal

$41,835

THE SEGAL COMPANY1+ years

Filed as: SEGAL ROGERSCASEY

Service code 27 · EIN 13-2646110

Advisory (Plan)

$36,000

FIVE STAR PRINTING & MAILING1+ years

Filed as: FIVE STAR DISPATCH BUS. SVC., INC.

Service code 38 · EIN 46-3110430

Participant Communication

$25,138

TERRY SCHMIDT LLC1+ years

Filed as: TERRY SCHMIDT

Service code 16 · EIN 45-3672353

Consulting

$6,811

THE SEGAL COMPANY1+ years

Filed as: SEGAL SELECT INSURANCE SERVICES INC

Service code 53

Insurance Commissions

$3,967

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$395

THE SEGAL COMPANY1+ years

Filed as: SEGAL SELECT INSURANCE SERVICES

Service code 53 · EIN 46-0619194

Insurance Commissions

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