Retirement plan

EMPLOYEE BENEFITS PLAN OF THE OSBORNE ASSOCIA TION, INC.

Name: THE OSBORNE ASSOC INC - EMPLOYEE BENEFITS PLAN OF THE OSBORNE ASSOCIA TION, INC. (2015) Form 5500
Creator: THE OSBORNE ASSOC INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFITS PLAN OF THE OSBORNE ASSOCIA TION, INC., THE OSBORNE ASSOC INC

THE OSBORNE ASSOC INCEIN 13-5563028Plan #002PY 2015

809 WESTCHESTER AVE - BRONX, NY 104551704718-707-2600LinkedIn201-500 employeeshospital & health care

Other plans on this EIN

1 filing

#003Retirement-$4.3M assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$3.3M

No prior year

Total participants

159

No prior year

Average account balance

$22,973

No prior year

Annual return

-1.03%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.12M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

239

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.

92.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$550K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$59

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 1 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290	Contract Administrator	$3,112

Plan features & details

Pension benefit codes2C2F2G2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3K

$24 / participant

Contract admin$3K100.0%

% of EOY assets

0.093%

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: MARKS PANETHLLC
Auditor EIN: 113518842
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,973

$46,360-50.4%

$147,617-84.4%

$52,331-56.1%

Participation rate

89.1%

64.9%+24.1pp

84.6%+4.4pp

68.1%+21.0pp

Annual return

-1.03%

1.62%-2.6pp

61.98%-63.0pp

4.54%-5.6pp

Employer contribution / active EE

$2,381

$2,126+12.0%

$5,564-57.2%

$1,882+26.6%

Participant deferral / active EE

$2,258-100.0%

$4,895-100.0%

$3,022-100.0%

Admin fee / account holder

$21

$766-97.2%

$11,612-99.8%

$592-96.4%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$3,112

EMPLOYEE BENEFITS PLAN OF THE OSBORNE ASSOCIA TION, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFITS PLAN OF THE OSBORNE ASSOCIA TION, INC.

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