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 (2023) 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 2023

685 THIRD AVENUE, 22ND FLOOR - NEW YORK, NY 10017212-332-3790

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$31.1M

+15.8% from 2022

Total participants

278

+4.9% from 2022

Average account balance

$116,818

+9.3% from 2022

Annual return

19.65%

+35.83 pp from 2022

Benchmarks

See 6,231 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,231 peers

Snapshot2023

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 BARNEY3 years Service code 15 · EIN 20-8764829	Recordkeeping	$51,154
ADP BROKER-DEALER4 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$2,380
ADP BROKER-DEALER7+ 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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$54K

$359 / participant

Recordkeeping$2K4.4%
Investment mgmt$51K95.6%

% of EOY assets

0.172%

all-in expense ratio

Categories reported

2 / 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 & COMPANY, LLP
Auditor EIN: 222428965
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$116,818

$91,439+27.8%

$135,974-14.1%

$71,511+63.4%

Participation rate

91.9%

75.7%+16.3pp

81.9%+10.0pp

67.9%+24.0pp

Annual return

19.65%

29.90%-10.2pp

68.30%-48.7pp

28.86%-9.2pp

Employer contribution / active EE

$5,071

$3,705+36.9%

$4,859+4.4%

$2,589+95.9%

Participant deferral / active EE

$13,478

$7,093+90.0%

$7,760+73.7%

$4,291+214.1%

Admin fee / account holder

$201

$1,267-84.1%

$10,767-98.1%

$1,588-87.3%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY3 years

Service code 15 · EIN 20-8764829

Recordkeeping

$51,154

ADP BROKER-DEALER4 years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$2,380

ADP BROKER-DEALER7+ 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