Retirement plan

THE OLD MOUNTAIN PRIVATE FAMILY TRUST 401(K) PLAN

Name: OLD MOUNTAIN PRIVATE FAMILY TRUST, INC. - THE OLD MOUNTAIN PRIVATE FAMILY TRUST 401(K) PLAN (2020) Form 5500
Creator: OLD MOUNTAIN PRIVATE FAMILY TRUST, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE OLD MOUNTAIN PRIVATE FAMILY TRUST 401(K) PLAN, OLD MOUNTAIN PRIVATE FAMILY TRUST, INC.

OLD MOUNTAIN PRIVATE FAMILY TRUST, INC.EIN 26-1998085Plan #001PY 2020

551 5TH AVENUE, SUITE 2800 - NEW YORK, NY 10176212-370-0237

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3M

+20.7% from 2019

Total participants

+15.0% from 2019

Average account balance

$143,518

+15.0% from 2019

Annual return

19.39%

-4.59 pp from 2019

Benchmarks

See 14,134 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort14,134 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.46M

Not enough data

1 years with asset history on file

Average account balance

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

$273K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$367K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+18.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$621

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 codes2E2F2G2J

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.

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

$244K

$12850 / participant

Other / not subdivided$244K100.0%

% of EOY assets

8.101%

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

$143,518

$109,372+31.2%

$89,414+60.5%

$158,966-9.7%

Participation rate

89.5%

74.3%+15.2pp

68.0%+21.5pp

82.0%+7.5pp

Annual return

19.39%

345.55%-326.2pp

245.50%-226.1pp

302.95%-283.6pp

Employer contribution / active EE

$7,852

$3,171+147.6%

$2,586+203.6%

$4,762+64.9%

Participant deferral / active EE

$6,728

$4,598+46.3%

$3,890+73.0%

$5,983+12.4%

Admin fee / account holder

$11,626

$6,156+88.8%

$4,883+138.1%

$11,250+3.3%

THE OLD MOUNTAIN PRIVATE FAMILY TRUST 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE OLD MOUNTAIN PRIVATE FAMILY TRUST 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