Retirement plan

EXPERT SOLUTIONS INSURANCE BROKERAGE 401(K) PROFIT SHARING PLAN

Name: EXPERT SOLUTIONS INSURANCE BROKERAGE - EXPERT SOLUTIONS INSURANCE BROKERAGE 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: EXPERT SOLUTIONS INSURANCE BROKERAGE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EXPERT SOLUTIONS INSURANCE BROKERAGE 401(K) PROFIT SHARING PLAN, EXPERT SOLUTIONS INSURANCE BROKERAGE

EXPERT SOLUTIONS INSURANCE BROKERAGEEIN 46-1317330Plan #001PY 2019

1663 52ND STREET - BROOKLYN, NY 11204718-436-1289

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$501K

No prior year

Total participants

No prior year

Average account balance

$100,171

No prior year

Annual return

27.38%

No prior year

Benchmarks

See 31,991 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort31,991 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.71M

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.

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.

110.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$175K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+17.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$559

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 codes2A2E2F2R3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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).
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

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

$100,171

$183,988-45.6%

$162,177-38.2%

$152,897-34.5%

Participation rate

83.3%

88.5%-5.2pp

87.6%-4.2pp

82.5%+0.9pp

Annual return

27.38%

150.79%-123.4pp

115.60%-88.2pp

345.43%-318.0pp

Employer contribution / active EE

$11,384

$6,370+78.7%

$5,613+102.8%

$4,764+139.0%

Participant deferral / active EE

$8,032-100.0%

$7,297-100.0%

$5,851-100.0%

Admin fee / account holder

$13,123-100.0%

$10,843-100.0%

$11,599-100.0%

EXPERT SOLUTIONS INSURANCE BROKERAGE 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

EXPERT SOLUTIONS INSURANCE BROKERAGE 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion