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. (2016) 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 2016

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

Other plans on this EIN

1 filing

#003Retirement-$4.7M assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$3.6M

+9.5% from 2015

Total participants

187

+17.6% from 2015

Average account balance

$20,148

-12.3% from 2015

Annual return

5.64%

+6.67 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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 COMPANY2+ years Service code 13 · EIN 42-0127290	Contract Administrator	$3,214

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

$21 / participant

Contract admin$3K100.0%

% of EOY assets

0.088%

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 PANETH LLP
Auditor EIN: 113518842
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,148

$46,732-56.9%

$156,551-87.1%

$55,167-63.5%

Participation rate

96.0%

65.8%+30.2pp

84.0%+12.0pp

69.0%+27.0pp

Annual return

5.64%

17.72%-12.1pp

32.23%-26.6pp

169.23%-163.6pp

Employer contribution / active EE

$2,838

$2,105+34.8%

$5,501-48.4%

$1,963+44.6%

Participant deferral / active EE

$2,204-100.0%

$4,871-100.0%

$3,054-100.0%

Admin fee / account holder

$18

$418-95.8%

$13,028-99.9%

$504-96.5%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$3,214

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