Retirement plan

SILVERCREST ASSET MANAGEMENT GROUP LLC 401(K) PLAN

Name: SILVERCREST ASSET MANAGEMENT GROUP LLC - SILVERCREST ASSET MANAGEMENT GROUP LLC 401(K) PLAN (2017) Form 5500
Creator: SILVERCREST ASSET MANAGEMENT GROUP LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SILVERCREST ASSET MANAGEMENT GROUP LLC 401(K) PLAN, SILVERCREST ASSET MANAGEMENT GROUP LLC

SILVERCREST ASSET MANAGEMENT GROUP LLCEIN 13-4194623Plan #001PY 2017

1330 AVENUE OF THE AMERICAS 38TH FL - NEW YORK, NY 10019212-649-0615silvercrestgroup.comLinkedIn51-200 employeesinvestment management

Prospect flagsHigh assets / participantLow employer contributionRecently reached 100 employees

How to read this page

Total assets (EOY)

$27.3M

+29.1% from 2016

Total participants

138

+3.8% from 2016

Average account balance

$255,368

+18.2% from 2016

Annual return

24.39%

+7.36 pp from 2016

Benchmarks

See 2,201 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,201 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$60.56M

Not enough data

1 years with asset history on file

Average account balance

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

$455K

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.

133

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.

71.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.27M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+14.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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
CHARLES SCHWAB & CO., INC.2 years Service code 19	Securities Custodian	$10,161
CHERNOFF DIAMOND & CO., LLC2 years Service code 11 · EIN 11-2836994	Actuarial	$1,750
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$2K

$14 / participant

Contract admin$2K100.0%

% of EOY assets

0.006%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BERDON LLP
Auditor EIN: 130485070
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$255,368

$89,739+184.6%

$149,721+70.6%

$62,293+309.9%

Participation rate

74.8%

85.1%-10.3pp

87.1%-12.3pp

69.5%+5.3pp

Annual return

24.39%

21.01%+3.4pp

1501.67%-1477.3pp

28.90%-4.5pp

Employer contribution / active EE

$603

$3,233-81.3%

$5,444-88.9%

$2,042-70.5%

Participant deferral / active EE

$9,599

$4,797+100.1%

$6,568+46.1%

$3,169+202.9%

Admin fee / account holder

$16

$551-97.0%

$11,282-99.9%

$479-96.6%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.2 years

Service code 19

Securities Custodian

$10,161

CHERNOFF DIAMOND & CO., LLC2 years

Service code 11 · EIN 11-2836994

Actuarial

$1,750

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

Securities Custodian

SILVERCREST ASSET MANAGEMENT GROUP LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SILVERCREST ASSET MANAGEMENT GROUP 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