Retirement plan

COHEN CLAIR LANS GREIFER THORPE AND ROTTENSTREICH LLP 401(K) PROFIT SHARING PLAN

Name: COHEN CLAIR LANS GREIFER THORPE AND - COHEN CLAIR LANS GREIFER THORPE AND ROTTENSTREICH LLP 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: COHEN CLAIR LANS GREIFER THORPE AND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COHEN CLAIR LANS GREIFER THORPE AND ROTTENSTREICH LLP 401(K) PROFIT SHARING PLAN, COHEN CLAIR LANS GREIFER THORPE AND

COHEN CLAIR LANS GREIFER THORPE ANDEIN 27-5320312Plan #001PY 2017

885 THIRD AVENUE - NEW YORK, NY 10022212-300-1100cohenclairlans.comLinkedIn11-50 employeeslegal services

Prospect flagsLow returnsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$3.3M

+23.2% from 2016

Total participants

0.0% from 2016

Average account balance

$109,888

+23.2% from 2016

Annual return

11.83%

-0.58 pp from 2016

Benchmarks

See 25,068 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,068 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.31M

Not enough data

1 years with asset history on file

Average account balance

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

$194K

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.

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$844K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+12.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12623

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D

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.
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.

Opportunity flags

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$57K

$1586 / participant

Other / not subdivided$57K100.0%

% of EOY assets

1.732%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$109,888

$85,766+28.1%

$136,297-19.4%

$70,124+56.7%

Participation rate

83.3%

74.2%+9.2pp

81.9%+1.4pp

69.5%+13.8pp

Annual return

11.83%

31.45%-19.6pp

5156.19%-5144.4pp

73.14%-61.3pp

Employer contribution / active EE

$2,966-100.0%

$4,696-100.0%

$2,342-100.0%

Participant deferral / active EE

$9,963

$5,051+97.2%

$6,247+59.5%

$3,332+199.0%

Admin fee / account holder

$1,903

$5,420-64.9%

$9,244-79.4%

$4,645-59.0%

COHEN CLAIR LANS GREIFER THORPE AND ROTTENSTREICH LLP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COHEN CLAIR LANS GREIFER THORPE AND ROTTENSTREICH LLP 401(K) PROFIT SHARING 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