Retirement plan

THE ALCOTT GROUP 401(K) PLAN

Name: ALCOTT HR GROUP, LLC - THE ALCOTT GROUP 401(K) PLAN (2017) Form 5500
Creator: ALCOTT HR GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ALCOTT GROUP 401(K) PLAN, ALCOTT HR GROUP, LLC

ALCOTT HR GROUP, LLCEIN 26-1638437Plan #001PY 2017

71 EXECUTIVE BLVD P.O. BOX 160 - FARMINGDALE, NY 11735631-420-0100alcotthrgroup.comLinkedIn5001-10000 employeeshuman resources

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$94.1M

+13.1% from 2016

Total participants

2,557

-18.5% from 2016

Average account balance

$59,872

+12.8% from 2016

Annual return

13.74%

+5.69 pp from 2016

Benchmarks

See 299 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort299 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$228.16M

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

2,882

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.

66.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$22.54M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$322

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 9 by compensation

Provider	Service type	Compensation
ALCOTT HR GROUP LLC2 years Service code 99 71 EXECUTIVE BLVD · FARMINGDALE, NY 11735	Other Fees	$120,547
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Filed as: FIRST GREAT-WEST LIFE & ANNUITY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$116,015
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$42,432
HIRSHFIELD AND KANTOR LLP1 year Service code 10 534 BROADHOLLOW RD STE 302 · MELVILLE, NY 11747	Accounting	$28,250
FIDUCIARY INVESTMENT ADVISORS3+ years Filed as: FIDUCIARY PARTNERS INVESTMENT CONSU Service code 27 2729 STATE RD 580 STE C · CLEARWATER, FL 33761	Advisory (Plan)	$15,000
FIDUCIARY PARTNERS RETIREMENT GROUP3+ years Service code 27 2729 SR 580 STE C · CLEARWATER, FL 33761	Advisory (Plan)	$15,000
WOLFF WIESE MAGANA LLC3+ years Filed as: WOLFF & WARD P.A. Service code 29 900 S SHACKLEFORD RD SUITE 615 · LITTLE ROCK, AR 72211	Legal	$1,591
CARLISLE BENEFIT PLANS LLC2 years Service code 13 92710 ALT 19 N STE 401C · PALM HARBOR, FL 34683	Contract Administrator	$1,200
TD AMERITRADE, INC.3+ years Service code 33 200 S. 108TH AVENUE · OMAHA, NE 68154	Securities brokerage	$443

Plan features & details

Pension benefit codes2E2F2G2J2K2R

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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$340K

$178 / participant

Investment mgmt$59K17.2%
Contract admin$116K34.1%
Other / not subdivided$166K48.7%

% of EOY assets

0.362%

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: SKLAR HEYMAN HIRSHFIELD AND KANTOR
Auditor EIN: 112690003
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,872

$43,717+37.0%

$81,473-26.5%

$77,958-23.2%

Participation rate

48.6%

42.5%+6.1pp

68.0%-19.3pp

71.6%-23.0pp

Annual return

13.74%

23.83%-10.1pp

38.78%-25.0pp

20.87%-7.1pp

Employer contribution / active EE

$1,069

$919+16.4%

$2,568-58.4%

$2,310-53.7%

Participant deferral / active EE

$2,976

$1,783+66.9%

$3,537-15.9%

Admin fee / account holder

$217

$108+100.7%

$4,561-95.3%

$97+122.4%

Provider

Service type

Compensation

ALCOTT HR GROUP LLC2 years

Service code 99

71 EXECUTIVE BLVD · FARMINGDALE, NY 11735

Other Fees

$120,547

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Filed as: FIRST GREAT-WEST LIFE & ANNUITY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$116,015

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$42,432

HIRSHFIELD AND KANTOR LLP1 year

Service code 10

534 BROADHOLLOW RD STE 302 · MELVILLE, NY 11747

Accounting

$28,250

FIDUCIARY INVESTMENT ADVISORS3+ years

Filed as: FIDUCIARY PARTNERS INVESTMENT CONSU

Service code 27

2729 STATE RD 580 STE C · CLEARWATER, FL 33761

Advisory (Plan)

$15,000

FIDUCIARY PARTNERS RETIREMENT GROUP3+ years

Service code 27

2729 SR 580 STE C · CLEARWATER, FL 33761

Advisory (Plan)

$15,000

WOLFF WIESE MAGANA LLC3+ years

Filed as: WOLFF & WARD P.A.

Service code 29

900 S SHACKLEFORD RD SUITE 615 · LITTLE ROCK, AR 72211

Legal

$1,591

CARLISLE BENEFIT PLANS LLC2 years

Service code 13

92710 ALT 19 N STE 401C · PALM HARBOR, FL 34683

Contract Administrator

$1,200

TD AMERITRADE, INC.3+ years

Service code 33

200 S. 108TH AVENUE · OMAHA, NE 68154

Securities brokerage

$443

THE ALCOTT GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ALCOTT GROUP 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