Retirement plan

STONY BROOK BUSINESS VENTURES, LLC 401(K) PLAN

Name: STONY BROOK BUSINESS VENTURES, LLC - STONY BROOK BUSINESS VENTURES, LLC 401(K) PLAN (2015) Form 5500
Creator: STONY BROOK BUSINESS VENTURES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STONY BROOK BUSINESS VENTURES, LLC 401(K) PLAN, STONY BROOK BUSINESS VENTURES, LLC

STONY BROOK BUSINESS VENTURES, LLCEIN 27-3466435Plan #001PY 2015

45 RESEARCH WAY, SUITE 204 - EAST SETAUKET, NY 11733631-615-8264sbbusinessventures.orgLinkedIn201-500 employees

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$20.1M

No prior year

Total participants

361

No prior year

Average account balance

$68,727

No prior year

Annual return

2.23%

No prior year

Benchmarks

See 3,168 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,168 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$83.38M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

2,184

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.

79.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.81M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$71

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
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Service code 37 · EIN 04-2647786	Loan Processing	$2,125
UBS FINANCIAL SERVICES INC1+ years Service code 61 · EIN 13-2638166	Finders' fees / placement fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$2K

$6 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.011%

all-in expense ratio

Categories reported

0 / 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: GETTRY MARCUS, CPA, P.C.
Auditor EIN: 133418879
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,727

$37,117+85.2%

$147,617-53.4%

$55,191+24.5%

Participation rate

80.3%

63.6%+16.7pp

84.6%-4.3pp

69.2%+11.2pp

Annual return

2.23%

3.44%-1.2pp

61.98%-59.8pp

10.78%-8.6pp

Employer contribution / active EE

$4,091

$1,620+152.5%

$5,564-26.5%

$1,899+115.5%

Participant deferral / active EE

$3,873

$1,985+95.1%

$4,895-20.9%

$3,046+27.1%

Admin fee / account holder

$86-91.5%

$11,612-99.9%

$91-92.0%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Service code 37 · EIN 04-2647786

Loan Processing

$2,125

UBS FINANCIAL SERVICES INC1+ years

Service code 61 · EIN 13-2638166

Finders' fees / placement fees

STONY BROOK BUSINESS VENTURES, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STONY BROOK BUSINESS VENTURES, LLC 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