Retirement plan

CCG 401(K) PLAN

Name: CERTIFIED COLLECTIBLES GROUP, LLC - CCG 401(K) PLAN (2020) Form 5500
Creator: CERTIFIED COLLECTIBLES GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CCG 401(K) PLAN, CERTIFIED COLLECTIBLES GROUP, LLC

CERTIFIED COLLECTIBLES GROUP, LLCEIN 22-3716431Plan #001PY 2020

5501 COMMUNICATIONS PKWY - SARASOTA, FL 342408474941-360-3994collectiblesgroup.comLinkedIn501-1000 employeesconsumer services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$19.5M

+23.0% from 2019

Total participants

269

+6.3% from 2019

Average account balance

$91,115

+23.6% from 2019

Annual return

15.73%

-4.51 pp from 2019

Benchmarks

See 435 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort435 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.91M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

392

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.

48.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.97M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+23.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$119

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
MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850	Recordkeeping	$69,094
MERRILL LYNCH PIERCE FENNER & SMITH2 years Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 22 · EIN 13-5674085	Insurance Broker	$38,990
PENSION ASSURANCE LLP1 year Filed as: KB PENSION SERVICES INC. Service code 16 · EIN 65-0721164	Consulting	$3,589

Plan features & details

Pension benefit codes2F2G2J2K3D2E3B3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$112K

$475 / participant

Investment mgmt$39K34.9%
Contract admin$73K65.1%

% of EOY assets

0.573%

all-in expense ratio

Categories reported

2 / 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: NISIVOCCIA LLP
Auditor EIN: 221914888
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$91,115

$55,122+65.3%

$104,614-12.9%

$73,493+24.0%

Participation rate

76.6%

67.7%+8.9pp

74.1%+2.5pp

70.7%+5.9pp

Annual return

15.73%

24.77%-9.0pp

340.56%-324.8pp

28.51%-12.8pp

Employer contribution / active EE

$2,224

$1,464+51.9%

$2,681-17.1%

$2,270-2.0%

Participant deferral / active EE

$4,433

$2,919+51.9%

$3,739+18.5%

$3,740+18.5%

Admin fee / account holder

$522

$423+23.4%

$6,464-91.9%

$513+1.7%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years

Filed as: MASSMUTUAL LIFE INSURANCE CO.

Service code 15 · EIN 04-1590850

Recordkeeping

$69,094

MERRILL LYNCH PIERCE FENNER & SMITH2 years

Filed as: MERRILL LYNCH PIERCE FENNER SMITH

Service code 22 · EIN 13-5674085

Insurance Broker

$38,990

PENSION ASSURANCE LLP1 year

Filed as: KB PENSION SERVICES INC.

Service code 16 · EIN 65-0721164

Consulting

$3,589

CCG 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CCG 401(K) 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