Retirement plan

BOND, SCHOENECK & KING PLLC 401K SAVINGS PLAN

Name: BOND, SCHOENECK & KING PLLC - BOND, SCHOENECK & KING PLLC 401K SAVINGS PLAN (2018) 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 2018

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

Other plans on this EIN

2 filings

#001Retirement-$88.0M assets #002Retirement-$19.4M assets

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$110.3M

-10.7% from 2016

Total participants

582

-2.6% from 2016

Average account balance

$192,544

-9.2% from 2016

Annual return

-4.38%

-8.15 pp from 2016

Benchmarks

See 2,763 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,763 peers

Snapshot2018

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
THE VANGUARD GROUP, INC.4+ years Service code 15 · EIN 23-1945930	Recordkeeping	$63,727
ALESCO ADVISORS4+ years Filed as: ALESCO ADVISORS LLC Service code 27 · EIN 16-1579300	Advisory (Plan)	$37,500

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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$102K

$227 / participant

Investment mgmt$101K99.6%
Other / not subdivided$3680.4%

% of EOY assets

0.092%

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: DANNIBLE & MCKEE, LLP
Auditor EIN: 330996661
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$192,544

$75,388+155.4%

$123,553+55.8%

$55,727+245.5%

Participation rate

98.0%

75.7%+22.3pp

82.3%+15.7pp

70.9%+27.1pp

Annual return

-4.38%

4.48%-8.9pp

119.21%-123.6pp

244.94%-249.3pp

Employer contribution / active EE

$182

$3,063-94.1%

$4,628-96.1%

$2,078-91.3%

Participant deferral / active EE

$8,473

$5,651+49.9%

$6,426+31.9%

$3,356+152.5%

Admin fee / account holder

$177

$120+48.1%

$9,284-98.1%

$115+53.9%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.4+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$63,727

ALESCO ADVISORS4+ years

Filed as: ALESCO ADVISORS LLC

Service code 27 · EIN 16-1579300

Advisory (Plan)

$37,500

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