Retirement plan

YORK CAPITAL MANAGEMENT 401(K) PLAN

Name: YORK CAPITAL MANAGEMENT (US) ADVISORS, L.P. - YORK CAPITAL MANAGEMENT 401(K) PLAN (2020) 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 2020

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

Other plans on this EIN

1 filing

#003Retirement-$10.3M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$72.4M

+14.3% from 2019

Total participants

227

-7.0% from 2019

Average account balance

$321,865

+23.0% from 2019

Annual return

15.75%

-10.79 pp from 2019

Benchmarks

See 2,211 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,211 peers

Snapshot2020

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 2 by compensation

Provider	Service type	Compensation
CETERA ADVISOR NETWORKS LLC2 years Service code 26 · EIN 95-3845382 200 N. SEPULVEDA BLVD. SUITE 130 · EL SEGUNDO, CA 90245	Advisory (Participants)	$49,999
JOHN HANCOCK LIFE INSURANCE COMPANY6+ years Service code 15 · EIN 13-3646501 P.O. BOX 600 · BUFFALO, NY 142010600	Recordkeeping	$1,060

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$156K

$1261 / participant

Investment mgmt$50K32.0%
Contract admin$106K68.0%

% of EOY assets

0.216%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$321,865

$136,307+136.1%

$177,827+81.0%

$73,493+338.0%

Participation rate

98.4%

86.1%+12.3pp

87.7%+10.7pp

70.7%+27.7pp

Annual return

15.75%

18.68%-2.9pp

48.32%-32.6pp

28.51%-12.8pp

Employer contribution / active EE

$22,097

$3,712+495.3%

$5,918+273.4%

$2,270+873.4%

Participant deferral / active EE

$19,643

$5,829+237.0%

$7,713+154.7%

$3,740+425.2%

Admin fee / account holder

$695

$596+16.7%

$12,429-94.4%

$513+35.4%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC2 years

Service code 26 · EIN 95-3845382

200 N. SEPULVEDA BLVD. SUITE 130 · EL SEGUNDO, CA 90245

Advisory (Participants)

$49,999

JOHN HANCOCK LIFE INSURANCE COMPANY6+ years

Service code 15 · EIN 13-3646501

P.O. BOX 600 · BUFFALO, NY 142010600

Recordkeeping

$1,060

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