Retirement plan

INGALLS & SNYDER, LLC PROFIT SHARING RETIREMENT PLAN FOR EMPLOYEES

Name: INGALLS & SNYDER, LLC - INGALLS & SNYDER, LLC PROFIT SHARING RETIREMENT PLAN FOR EMPLOYEES (2015) Form 5500
Creator: INGALLS & SNYDER, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INGALLS & SNYDER, LLC PROFIT SHARING RETIREMENT PLAN FOR EMPLOYEES, INGALLS & SNYDER, LLC

INGALLS & SNYDER, LLCEIN 13-5156620Plan #001PY 2015

1325 AVENUE OF THE AMERICAS, 18TH FLOOR - NEW YORK, NY 10019212-269-7812ingalls.netLinkedIn51-200 employeesinvestment management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.1M

No prior year

Total participants

No prior year

Average account balance

$213,423

No prior year

Annual return

1.95%

No prior year

Benchmarks

See 7,498 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,498 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.84M

Not enough data

1 years with asset history on file

Average account balance

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

$478K

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.

93.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.05M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

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

+24.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12535

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 codes2E2F2G2J2T3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$641K

$9426 / participant

Other / not subdivided$641K100.0%

% of EOY assets

4.550%

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

$213,423

$82,032+160.2%

$123,106+73.4%

$59,632+257.9%

Participation rate

91.2%

83.2%+8.0pp

86.8%+4.4pp

68.7%+22.5pp

Annual return

1.95%

5.12%-3.2pp

13.22%-11.3pp

2041.32%-2039.4pp

Employer contribution / active EE

$4,930

$3,297+49.5%

$5,151-4.3%

$2,203+123.8%

Participant deferral / active EE

$10,872

$4,667+133.0%

$6,229+74.5%

$3,192+240.7%

Admin fee / account holder

$9,712

$5,881+65.1%

$9,015+7.7%

$4,297+126.0%

INGALLS & SNYDER, LLC PROFIT SHARING RETIREMENT PLAN FOR EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INGALLS & SNYDER, LLC PROFIT SHARING RETIREMENT PLAN FOR EMPLOYEES

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