Retirement plan

EPSTEIN AFFILIATED COMPANIES 401(K) PENSION PLAN

Name: ALDEN LEEDS, INC. - EPSTEIN AFFILIATED COMPANIES 401(K) PENSION PLAN (2018) Form 5500
Creator: ALDEN LEEDS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EPSTEIN AFFILIATED COMPANIES 401(K) PENSION PLAN, ALDEN LEEDS, INC.

ALDEN LEEDS, INC.EIN 22-1683651Plan #002PY 2018

55 JACOBUS AVE. - KEARNY, NJ 07032973-589-3544

Other plans on this EIN

1 filing

#003Retirement-$5.5M assets

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$18.5M

-4.0% from 2017

Total participants

288

+2.5% from 2017

Average account balance

$78,835

-7.3% from 2017

Annual return

-6.30%

-18.33 pp from 2017

Benchmarks

See 2,344 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,344 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.12M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

200

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.

95.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$688K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+8.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$534

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 3 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.4+ years Service code 19 · EIN 94-1737782 211 MAIN STREET · SAN FRANCISCO, CA 94105	Securities Custodian	$50,147
EPIC RETIREMENT PLAN SERVICES4+ years Filed as: ABAR RETIREMENT PLAN SERVICES LLC Service code 15 · EIN 46-1281375 25B VREELAND RD. SUITE 103 · FLORHAM PARK, NJ 07932	Recordkeeping	$49,337
ROGOFF & COMPANY PC4+ years Filed as: ROGOFF & CO., P.C. Service code 10 · EIN 13-2688836	Accounting	$28,500

Plan features & details

Pension benefit codes2E2H2J2K2R2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$143K

$665 / participant

Investment mgmt$50K35.1%
Other / not subdivided$93K64.9%

% of EOY assets

0.772%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ROGOFF & CO., P.C.
Auditor EIN: 132688836
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$78,835

$66,302+18.9%

$110,241-28.5%

$56,287+40.1%

Participation rate

75.3%

74.9%+0.4pp

79.8%-4.5pp

69.9%+5.5pp

Annual return

-6.30%

-1.18%-5.1pp

314.75%-321.1pp

-9.96%+3.7pp

Employer contribution / active EE

$1,692

$2,047-17.4%

$3,827-55.8%

$2,111-19.9%

Participant deferral / active EE

$2,436

$3,381-28.0%

$4,672-47.9%

$3,350-27.3%

Admin fee / account holder

$608

$698-12.9%

$8,548-92.9%

$521+16.8%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.4+ years

Service code 19 · EIN 94-1737782

211 MAIN STREET · SAN FRANCISCO, CA 94105

Securities Custodian

$50,147

EPIC RETIREMENT PLAN SERVICES4+ years

Filed as: ABAR RETIREMENT PLAN SERVICES LLC

Service code 15 · EIN 46-1281375

25B VREELAND RD. SUITE 103 · FLORHAM PARK, NJ 07932

Recordkeeping

$49,337

ROGOFF & COMPANY PC4+ years

Filed as: ROGOFF & CO., P.C.

Service code 10 · EIN 13-2688836

Accounting

$28,500

EPSTEIN AFFILIATED COMPANIES 401(K) PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EPSTEIN AFFILIATED COMPANIES 401(K) PENSION 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