Retirement plan

HANCOCK ESTABROOK, LLP RETIREMENT PLAN

Name: HANCOCK ESTABROOK, LLP - HANCOCK ESTABROOK, LLP RETIREMENT PLAN (2015) Form 5500
Creator: HANCOCK ESTABROOK, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HANCOCK ESTABROOK, LLP RETIREMENT PLAN, HANCOCK ESTABROOK, LLP

HANCOCK ESTABROOK, LLPEIN 15-0502175Plan #002PY 2015

1500 AXA TOWER I, 100 MADISON ST - SYRACUSE, NY 13202315-565-4500hancocklaw.comLinkedIn51-200 employeeslaw practice

Prospect flagsHigh assets / participantLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$33.9M

No prior year

Total participants

111

No prior year

Average account balance

$322,727

No prior year

Annual return

-1.06%

No prior year

Benchmarks

See 692 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Cohort692 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$50.00M

Not enough data

1 years with asset history on file

Average account balance

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

$370K

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.

135

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.

84.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.35M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+15.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$500

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 2 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND1+ years Service code 13 · EIN 06-1050034	Contract Administrator	$710
SECURITIES AMERICA INC1+ years Filed as: M&T SECURITIES INC Service code 33 · EIN 16-1263079	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2J2E2T2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1K

$11 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.003%

all-in expense ratio

Categories reported

0 / 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: BONADIO & CO. LLP
Auditor EIN: 161131146
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$322,727

$227,989+41.6%

$115,038+180.5%

Participation rate

93.9%

70.4%+23.6pp

81.4%+12.6pp

Annual return

-1.06%

-2.26%+1.2pp

26.14%-27.2pp

Employer contribution / active EE

$9,214

$2,554+260.7%

$4,608+100.0%

Participant deferral / active EE

$4,927

$4,560+8.1%

$6,026-18.2%

Admin fee / account holder

$11

$24,406-100.0%

$8,175-99.9%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND1+ years

Service code 13 · EIN 06-1050034

Contract Administrator

$710

SECURITIES AMERICA INC1+ years

Filed as: M&T SECURITIES INC

Service code 33 · EIN 16-1263079

Securities brokerage commissions and ...

HANCOCK ESTABROOK, LLP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HANCOCK ESTABROOK, LLP RETIREMENT 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