Retirement plan

HARBORFRONT FINANCIAL GROUP, LLC

Name: HARBORFRONT FINANCIAL GROUP, LLC - HARBORFRONT FINANCIAL GROUP, LLC (2016) Form 5500
Creator: HARBORFRONT FINANCIAL GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HARBORFRONT FINANCIAL GROUP, LLC, HARBORFRONT FINANCIAL GROUP, LLC

HARBORFRONT FINANCIAL GROUP, LLCEIN 13-4278160Plan #001PY 2016

401 W LUDINGTON AVE STE 103 - LUDINGTON, MI 494312129231-843-1516

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$270K

+13.8% from 2015

Total participants

+33.3% from 2015

Average account balance

$89,965

No prior year

Annual return

-0.13%

-0.00 pp from 2015

Benchmarks

See 30,341 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,341 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$793K

Not enough data

1 years with asset history on file

Average account balance

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

$132K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$84K

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

+0.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2J3E3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3E
One-participant plan combining with another plan
A one-participant plan that satisfies minimum coverage requirements of section 410(b) only when combined with another plan of the employer.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$300

$75 / participant

Other / not subdivided$300100.0%

% of EOY assets

0.111%

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

$89,965

$153,774-41.5%

$133,979-32.9%

$273,970-67.2%

Participation rate

75.0%

88.4%-13.4pp

87.1%-12.1pp

83.0%-8.0pp

Annual return

-0.13%

36.51%-36.6pp

29.30%-29.4pp

41.46%-41.6pp

Employer contribution / active EE

$1,644

$6,029-72.7%

$5,211-68.5%

$4,869-66.2%

Participant deferral / active EE

$6,612

$6,958-5.0%

$6,282+5.3%

$5,287+25.1%

Admin fee / account holder

$100

$11,765-99.1%

$9,324-98.9%

$10,132-99.0%

HARBORFRONT FINANCIAL GROUP, LLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HARBORFRONT FINANCIAL GROUP, LLC

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