Retirement plan

TARTER KRINSKY & DROGIN LLP INCENTIVE SAVINGS PLAN AND TRUST

Name: TARTER KRINSKY & DROGIN LLP - TARTER KRINSKY & DROGIN LLP INCENTIVE SAVINGS PLAN AND TRUST (2017) Form 5500
Creator: TARTER KRINSKY & DROGIN LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TARTER KRINSKY & DROGIN LLP INCENTIVE SAVINGS PLAN AND TRUST, TARTER KRINSKY & DROGIN LLP

TARTER KRINSKY & DROGIN LLPEIN 13-4160916Plan #002PY 2017

1350 BROADWAY - NEW YORK, NY 10018212-216-8000tarterkrinsky.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

1 filing

#001Retirement-$4.6M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4M

+31.9% from 2016

Total participants

+12.1% from 2016

Average account balance

$60,727

+17.9% from 2016

Annual return

13.95%

-9.28 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.30M

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

74.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$681K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+8.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5476

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 codes2J3D2F2G

Plan features

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

$120K

$1910 / participant

Other / not subdivided$120K100.0%

% of EOY assets

3.002%

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

$60,727

$85,766-29.2%

$136,298-55.4%

$70,126-13.4%

Participation rate

87.3%

74.2%+13.1pp

81.9%+5.4pp

69.5%+17.8pp

Annual return

13.95%

31.46%-17.5pp

5156.27%-5142.3pp

73.15%-59.2pp

Employer contribution / active EE

$737

$2,966-75.1%

$4,696-84.3%

$2,343-68.5%

Participant deferral / active EE

$9,800

$5,051+94.0%

$6,247+56.9%

$3,332+194.1%

Admin fee / account holder

$1,823

$5,421-66.4%

$9,244-80.3%

$4,645-60.8%

TARTER KRINSKY & DROGIN LLP INCENTIVE SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TARTER KRINSKY & DROGIN LLP INCENTIVE SAVINGS PLAN AND TRUST

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