Retirement plan

DS HOPKINS HOLDINGS LLC DBA COUNCIL ADVISORS 401(K) PLAN

Name: DS HOPKINS HOLDINGS LLC - DS HOPKINS HOLDINGS LLC DBA COUNCIL ADVISORS 401(K) PLAN (2022) Form 5500
Creator: DS HOPKINS HOLDINGS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DS HOPKINS HOLDINGS LLC DBA COUNCIL ADVISORS 401(K) PLAN, DS HOPKINS HOLDINGS LLC

DS HOPKINS HOLDINGS LLCEIN 27-5417529Plan #002PY 2022

685 THIRD AVENUE, 22ND FLOOR - NEW YORK, NY 10017212-332-6369

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$26.8M

-17.2% from 2021

Total participants

265

+8.6% from 2021

Average account balance

$106,893

-23.2% from 2021

Annual return

-16.18%

-31.24 pp from 2021

Benchmarks

See 5,987 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,987 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$37.38M

Not enough data

1 years with asset history on file

Average account balance

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

$141K

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.

265

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.

92.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.16M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+16.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$247

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 3 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY2 years Service code 15 · EIN 20-8764829	Recordkeeping	$52,066
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$2,050
ADP BROKER-DEALER6+ years Service code 49 · EIN 22-3319984	Other Services	$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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$54K

$392 / participant

Other / not subdivided$54K100.0%

% of EOY assets

0.202%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CITRIN COOPERMAN
Auditor EIN: 222428965
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$106,893

$84,493+26.5%

$125,381-14.7%

$66,938+59.7%

Participation rate

89.9%

76.4%+13.4pp

82.4%+7.5pp

69.8%+20.0pp

Annual return

-16.18%

-8.49%-7.7pp

572.31%-588.5pp

1.58%-17.8pp

Employer contribution / active EE

$4,853

$3,554+36.6%

$4,815+0.8%

$2,545+90.7%

Participant deferral / active EE

$12,224

$6,783+80.2%

$7,448+64.1%

$4,238+188.4%

Admin fee / account holder

$216

$685-68.5%

$10,007-97.8%

$594-63.7%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY2 years

Service code 15 · EIN 20-8764829

Recordkeeping

$52,066

ADP BROKER-DEALER3 years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$2,050

ADP BROKER-DEALER6+ years

Service code 49 · EIN 22-3319984

Other Services

DS HOPKINS HOLDINGS LLC DBA COUNCIL ADVISORS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DS HOPKINS HOLDINGS LLC DBA COUNCIL ADVISORS 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