Retirement plan

YORK CAPITAL MANAGEMENT 401(K) PLAN

Name: YORK CAPITAL MANAGEMENT (US) ADVISORS, L.P. - YORK CAPITAL MANAGEMENT 401(K) PLAN (2017) Form 5500
Creator: YORK CAPITAL MANAGEMENT (US) ADVISORS, L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, YORK CAPITAL MANAGEMENT 401(K) PLAN, YORK CAPITAL MANAGEMENT (US) ADVISORS, L.P.

YORK CAPITAL MANAGEMENT (US) ADVISORS, L.P.EIN 26-3971819Plan #001PY 2017

767 FIFTH AVE., 17TH FLOOR - NEW YORK, NY 10153212-300-1307yorkcapital.comLinkedIn51-200 employeesinvestment management

Other plans on this EIN

1 filing

#002Retirement-$20.9M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$43.6M

+28.6% from 2016

Total participants

231

+0.9% from 2016

Average account balance

$190,420

+28.6% from 2016

Annual return

17.97%

+7.30 pp from 2016

Benchmarks

See 2,201 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,201 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$45.68M

Not enough data

1 years with asset history on file

Average account balance

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

$439K

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.

104

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

$2.14M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$51K

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

+12.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$603

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 1 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY3+ years Service code 15 · EIN 13-3646501 P.O. BOX 600 · BUFFALO, NY 142010600	Recordkeeping	$773

Plan features & details

Pension benefit codes2E2J2F2G2R2S3D3H

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.
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.
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

$174K

$1216 / participant

Contract admin$174K100.0%

% of EOY assets

0.399%

all-in expense ratio

Categories reported

1 / 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: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$190,420

$89,739+112.2%

$149,721+27.2%

$62,293+205.7%

Participation rate

98.6%

85.1%+13.5pp

87.1%+11.5pp

69.5%+29.1pp

Annual return

17.97%

21.01%-3.0pp

1501.67%-1483.7pp

28.90%-10.9pp

Employer contribution / active EE

$20,160

$3,233+523.6%

$5,444+270.3%

$2,042+887.1%

Participant deferral / active EE

$16,603

$4,797+246.1%

$6,568+152.8%

$3,169+423.9%

Admin fee / account holder

$759

$551+37.7%

$11,282-93.3%

$479+58.4%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY3+ years

Service code 15 · EIN 13-3646501

P.O. BOX 600 · BUFFALO, NY 142010600

Recordkeeping

$773

YORK CAPITAL MANAGEMENT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

YORK CAPITAL MANAGEMENT 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