Retirement plan

SELECT EQUITY GROUP, L.P. 401(K) PSP AND TRUST

Name: SELECT EQUITY GROUP, L.P. - SELECT EQUITY GROUP, L.P. 401(K) PSP AND TRUST (2023) Form 5500
Creator: SELECT EQUITY GROUP, L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SELECT EQUITY GROUP, L.P. 401(K) PSP AND TRUST, SELECT EQUITY GROUP, L.P.

SELECT EQUITY GROUP, L.P.EIN 46-3465710Plan #001PY 2023

380 LAFAYETTE STREET - NEW YORK, NY 10003212-475-8335selectequity.comLinkedIn51-200 employeesfinancial services

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$144.3M

+18.2% from 2022

Total participants

262

+3.1% from 2022

Average account balance

$568,145

+14.9% from 2022

Annual return

17.67%

+41.02 pp from 2022

Benchmarks

See 2,154 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,154 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$163.53M

Not enough data

1 years with asset history on file

Average account balance

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

$641K

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.

255

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.

97.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.32M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$38K

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

+12.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$514

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
SENTINEL PENSION ADVISORS8 years Filed as: SENTINEL BENEFITS & FINANCIAL GROUP Service code 15 · EIN 20-5916766	Recordkeeping	$99,251

Plan features & details

Pension benefit codes2E2F2G2J2K

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$99K

$491 / participant

Contract admin$99K100.0%

% of EOY assets

0.069%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: PRICEWATERHOUSECOOPERS
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$568,145

$130,194+336.4%

$169,993+234.2%

$71,457+695.1%

Participation rate

96.0%

86.1%+9.9pp

87.0%+9.0pp

67.9%+28.1pp

Annual return

17.67%

20.37%-2.7pp

53.37%-35.7pp

28.85%-11.2pp

Employer contribution / active EE

$9,578

$4,381+118.6%

$6,785+41.2%

$2,588+270.2%

Participant deferral / active EE

$19,976

$6,923+188.5%

$10,408+91.9%

$4,289+365.8%

Admin fee / account holder

$391

$966-59.5%

$12,815-97.0%

$1,587-75.4%

Provider

Service type

Compensation

SENTINEL PENSION ADVISORS8 years

Filed as: SENTINEL BENEFITS & FINANCIAL GROUP

Service code 15 · EIN 20-5916766

Recordkeeping

$99,251

SELECT EQUITY GROUP, L.P. 401(K) PSP AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SELECT EQUITY GROUP, L.P. 401(K) PSP AND 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