Retirement plan

EDGEWOOD MANAGEMENT COMPANY RETIREMENT PLAN

Name: EDGEWOOD MANAGEMENT LLC - EDGEWOOD MANAGEMENT COMPANY RETIREMENT PLAN (2017) Form 5500
Creator: EDGEWOOD MANAGEMENT LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EDGEWOOD MANAGEMENT COMPANY RETIREMENT PLAN, EDGEWOOD MANAGEMENT LLC

EDGEWOOD MANAGEMENT LLCEIN 20-4044179Plan #001PY 2017

535 MADISON AVE 15TH FLOOR - NEW YORK, NY 10022212-652-9100edgewood.comLinkedIn11-50 employeesinvestment management

Other plans on this EIN

1 filing

#003Retirement-$9.2M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$34.6M

+21.0% from 2016

Total participants

0.0% from 2016

Average account balance

$666,345

+21.0% from 2016

Annual return

17.00%

+9.37 pp from 2016

Benchmarks

See 7,573 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,573 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$87.79M

Not enough data

1 years with asset history on file

Average account balance

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

$1.7M

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.

118.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.80M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$65K

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

+13.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21991

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 codes2E2G2J3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$520K

$14442 / participant

Other / not subdivided$520K100.0%

% of EOY assets

1.500%

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

$666,345

$100,041+566.1%

$149,718+345.1%

$70,131+850.1%

Participation rate

100.0%

83.6%+16.4pp

87.1%+12.9pp

69.5%+30.5pp

Annual return

17.00%

27.43%-10.4pp

1501.70%-1484.7pp

73.14%-56.1pp

Employer contribution / active EE

$31,757

$3,662+767.3%

$5,444+483.3%

$2,342+1255.7%

Participant deferral / active EE

$14,787

$4,983+196.8%

$6,568+125.1%

$3,332+343.8%

Admin fee / account holder

$9,998

$8,286+20.7%

$11,283-11.4%

$4,645+115.2%

EDGEWOOD MANAGEMENT COMPANY RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EDGEWOOD MANAGEMENT COMPANY 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