Retirement plan

HANCOCK ESTABROOK, LLP RETIREMENT PLAN

Name: HANCOCK ESTABROOK, LLP - HANCOCK ESTABROOK, LLP RETIREMENT PLAN (2017) 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 2017

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

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$44M

+15.7% from 2016

Total participants

105

-7.9% from 2016

Average account balance

$426,840

+22.4% from 2016

Annual return

15.50%

+6.60 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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
SECURITIES AMERICA INC1 year Filed as: M&T SECURITIES Service code 27 · EIN 16-1263079	Advisory (Plan)	$51,170
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 37 · EIN 04-2647786	Loan Processing	-$27,610

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$4K

$47 / participant

Investment mgmt$1K26.1%
Other / not subdivided$3K73.9%

% of EOY assets

0.009%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$426,840

$85,766+397.7%

$136,298+213.2%

$70,126+508.7%

Participation rate

97.7%

74.2%+23.5pp

81.9%+15.8pp

69.5%+28.2pp

Annual return

15.50%

31.46%-16.0pp

5156.27%-5140.8pp

73.15%-57.7pp

Employer contribution / active EE

$9,051

$2,966+205.2%

$4,696+92.8%

$2,343+286.4%

Participant deferral / active EE

$5,707

$5,051+13.0%

$6,247-8.6%

$3,332+71.3%

Admin fee / account holder

$40

$5,421-99.3%

$9,244-99.6%

$4,645-99.1%

Provider

Service type

Compensation

SECURITIES AMERICA INC1 year

Filed as: M&T SECURITIES

Service code 27 · EIN 16-1263079

Advisory (Plan)

$51,170

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 37 · EIN 04-2647786

Loan Processing

-$27,610

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