Retirement plan

TACONIC CAPITAL ADVISORS L.P. 401(K) PROFIT SHARING PLAN

Name: TACONIC CAPITAL ADVISORS L.P. - TACONIC CAPITAL ADVISORS L.P. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: TACONIC CAPITAL ADVISORS L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TACONIC CAPITAL ADVISORS L.P. 401(K) PROFIT SHARING PLAN, TACONIC CAPITAL ADVISORS L.P.

TACONIC CAPITAL ADVISORS L.P.EIN 20-5826144Plan #001PY 2024

280 PARK AVENUE, 5TH FLOOR - NEW YORK, NY 10017212-209-3100taconiccap.comLinkedIn51-200 employeesfinancial services

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$70.9M

+18.2% from 2023

Total participants

144

-2.0% from 2023

Average account balance

$499,254

+21.5% from 2023

Annual return

17.90%

-3.10 pp from 2023

Benchmarks

See 7,161 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,161 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$70.89M

Not enough data

1 years with asset history on file

Average account balance

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

$499K

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.

142

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.

97.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$41K

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

+17.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$217

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$30,831
MERRILL LYNCH PIERCE FENNER & SMITH9 years Filed as: MERRILL LYNCH Service code 16 · EIN 13-5674085	Consulting	$13,431

Plan features & details

Pension benefit codes2G2E2J2K2S2T3B3D2R2F

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$31K

$417 / participant

Recordkeeping$31K100.0%

% of EOY assets

0.043%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: COHNREZNICK LLP
Auditor EIN: 334144829
Audit fees: $0
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$499,254

$138,385+260.8%

$184,200+171.0%

$80,874+517.3%

Participation rate

97.3%

83.9%+13.4pp

86.8%+10.5pp

67.6%+29.7pp

Annual return

17.90%

20.02%-2.1pp

28.80%-10.9pp

35.62%-17.7pp

Employer contribution / active EE

$16,136

$4,849+232.7%

$6,424+151.2%

$2,756+485.5%

Participant deferral / active EE

$24,615

$7,073+248.0%

$9,132+169.5%

$4,297+472.8%

Admin fee / account holder

$217

$10,483-97.9%

$13,907-98.4%

$6,935-96.9%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$30,831

MERRILL LYNCH PIERCE FENNER & SMITH9 years

Filed as: MERRILL LYNCH

Service code 16 · EIN 13-5674085

Consulting

$13,431

TACONIC CAPITAL ADVISORS L.P. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TACONIC CAPITAL ADVISORS L.P. 401(K) PROFIT SHARING 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