Retirement plan

BOND, SCHOENECK & KING PLLC 401K SAVINGS PLAN

Name: BOND, SCHOENECK & KING PLLC - BOND, SCHOENECK & KING PLLC 401K SAVINGS PLAN (2015) Form 5500
Creator: BOND, SCHOENECK & KING PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOND, SCHOENECK & KING PLLC 401K SAVINGS PLAN, BOND, SCHOENECK & KING PLLC

BOND, SCHOENECK & KING PLLCEIN 27-0015651Plan #003PY 2015

ONE LINCOLN CENTER - SYRACUSE, NY 132021355315-218-8000bsk.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

3 filings

#001Retirement-$69.1M assets #004Retirement-$42.0M assets #002Retirement-$20.6M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$61.7M

-10.7% from 2016

Total participants

491

-2.6% from 2016

Average account balance

$127,289

-9.2% from 2016

Annual return

2.11%

-8.15 pp from 2016

Benchmarks

See 2,331 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,331 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$214.23M

Not enough data

1 years with asset history on file

Average account balance

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

$288K

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.

743

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.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+13.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$129

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
ALESCO ADVISORS1+ years Filed as: ALESCO ADVISORS LLC Service code 27 · EIN 16-1579300	Advisory (Plan)	$40,000
THE VANGUARD GROUP, INC.1+ years Service code 15 · EIN 23-1945930	Recordkeeping	$11,675

Plan features & details

Pension benefit codes2E2G2J3B3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$53K

$129 / participant

Investment mgmt$52K97.8%
Other / not subdivided$1K2.2%

% of EOY assets

0.086%

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: DERMODY, BURKE & BROWN, CPAS, LLC
Auditor EIN: 010723685
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$127,289

$88,324+44.1%

$115,038+10.6%

$55,191+130.6%

Participation rate

98.5%

72.5%+26.0pp

81.4%+17.2pp

69.2%+29.4pp

Annual return

2.11%

6.30%-4.2pp

26.14%-24.0pp

10.78%-8.7pp

Employer contribution / active EE

$2,805-100.0%

$4,608-100.0%

$1,899-100.0%

Participant deferral / active EE

$8,114

$5,042+60.9%

$6,026+34.6%

$3,046+166.3%

Admin fee / account holder

$109

$105+3.4%

$8,175-98.7%

$91+20.0%

Provider

Service type

Compensation

ALESCO ADVISORS1+ years

Filed as: ALESCO ADVISORS LLC

Service code 27 · EIN 16-1579300

Advisory (Plan)

$40,000

THE VANGUARD GROUP, INC.1+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$11,675

BOND, SCHOENECK & KING PLLC 401K SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOND, SCHOENECK & KING PLLC 401K SAVINGS 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