Retirement plan

ORBA EMPLOYEES' PROFIT SHARING AND SAVINGS PLAN & TRUST

Name: OSTROW REISIN BERK & ABRAMS, LTD. - ORBA EMPLOYEES' PROFIT SHARING AND SAVINGS PLAN & TRUST (2016) Form 5500
Creator: OSTROW REISIN BERK & ABRAMS, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORBA EMPLOYEES' PROFIT SHARING AND SAVINGS PLAN & TRUST, OSTROW REISIN BERK & ABRAMS, LTD.

OSTROW REISIN BERK & ABRAMS, LTD.EIN 36-2938874Plan #002PY 2016

C/O JOSEPH ODZER, 455 N. CITYFRONT PLAZA DR, STE 1500 - CHICAGO, IL 60611312-670-7444

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$36.4M

No prior year

Total participants

151

No prior year

Average account balance

$242,468

No prior year

Annual return

-2.38%

No prior year

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$71.24M

Not enough data

1 years with asset history on file

Average account balance

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

$285K

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.

250

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.

93.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+11.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$31

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 1 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Filed as: FIDELITY INVESTMENTS INST OPER CO. Service code 37 · EIN 04-2647786	Loan Processing	$4,224

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3K

$22 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.007%

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: DUFEK & COMPANY, LLC
Auditor EIN: 271515696
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$242,468

$75,183+222.5%

$123,894+95.7%

$55,167+339.5%

Participation rate

99.2%

72.8%+26.3pp

81.4%+17.7pp

69.0%+30.2pp

Annual return

-2.38%

19.01%-21.4pp

47.52%-49.9pp

169.23%-171.6pp

Employer contribution / active EE

$4,696

$2,823+66.3%

$4,617+1.7%

$1,963+139.3%

Participant deferral / active EE

$8,541

$5,084+68.0%

$5,984+42.7%

$3,054+179.6%

Admin fee / account holder

$17

$663-97.4%

$8,357-99.8%

$504-96.6%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Filed as: FIDELITY INVESTMENTS INST OPER CO.

Service code 37 · EIN 04-2647786

Loan Processing

$4,224

ORBA EMPLOYEES' PROFIT SHARING AND SAVINGS PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORBA EMPLOYEES' PROFIT SHARING AND SAVINGS PLAN & TRUST

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