Retirement plan

BALYASNY ASSET MANAGEMENT 401(K) PLAN

Name: BALYASNY ASSET MANAGEMENT, L.P. - BALYASNY ASSET MANAGEMENT 401(K) PLAN (2016) Form 5500
Creator: BALYASNY ASSET MANAGEMENT, L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BALYASNY ASSET MANAGEMENT 401(K) PLAN, BALYASNY ASSET MANAGEMENT, L.P.

BALYASNY ASSET MANAGEMENT, L.P.EIN 36-4486492Plan #001PY 2016

181 W. MADISON STREET STE 3600 - CHICAGO, IL 60602312-499-2976bamfunds.comLinkedIn1001-5000 employeesfinancial services

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$34.3M

+23.3% from 2015

Total participants

550

+45.5% from 2015

Average account balance

$76,476

-18.2% from 2015

Annual return

12.20%

+5.66 pp from 2015

Benchmarks

See 1,433 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,433 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$262.95M

Not enough data

1 years with asset history on file

Average account balance

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

$155K

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.

1,695

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$34.36M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+23.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$49

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
CHARLES SCHWAB & CO., INC.2+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES Service code 15 · EIN 34-1479833	Recordkeeping	$45,190
CHARLES SCHWAB & CO., INC.2+ years Service code 50 · EIN 94-1737782	Direct Payment	$2,625
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO AND AFFILIATES Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2G2J2K2R2T3B3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$45K

$97 / participant

Other / not subdivided$45K100.0%

% of EOY assets

0.132%

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: MILLER COOPER & COMPANY, LTD.
Auditor EIN: 362897372
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$76,476

$71,802+6.5%

$133,975-42.9%

$57,658+32.6%

Participation rate

78.1%

85.5%-7.4pp

87.1%-9.0pp

70.2%+7.9pp

Annual return

12.20%

13.51%-1.3pp

29.29%-17.1pp

5.13%+7.1pp

Employer contribution / active EE

$1,158

$3,161-63.4%

$5,211-77.8%

$1,974-41.3%

Participant deferral / active EE

$10,208

$4,606+121.6%

$6,282+62.5%

$3,061+233.5%

Admin fee / account holder

$101

$88+15.1%

$9,324-98.9%

$95+6.7%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.2+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES

Service code 15 · EIN 34-1479833

Recordkeeping

$45,190

CHARLES SCHWAB & CO., INC.2+ years

Service code 50 · EIN 94-1737782

Direct Payment

$2,625

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB & CO AND AFFILIATES

Service code 59

Shareholder Servicing

BALYASNY ASSET MANAGEMENT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BALYASNY ASSET MANAGEMENT 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