Retirement plan

LEEDS EQUITY PARTNERS, LLC PROFIT SHARING

Name: LEEDS EQUITY ADVISORS INC. - LEEDS EQUITY PARTNERS, LLC PROFIT SHARING (2023) Form 5500
Creator: LEEDS EQUITY ADVISORS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEEDS EQUITY PARTNERS, LLC PROFIT SHARING, LEEDS EQUITY ADVISORS INC.

LEEDS EQUITY ADVISORS INC.EIN 52-2190542Plan #002PY 2023

590 MADISON AVENUE, FLOOR 40 - NEW YORK, NY 10022212-835-2000

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$17.4M

+28.1% from 2022

Total participants

+7.0% from 2022

Average account balance

$425,168

-0.0% from 2022

Annual return

19.05%

+35.99 pp from 2022

Benchmarks

See 7,176 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,176 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.08M

Not enough data

1 years with asset history on file

Average account balance

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

$411K

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.

137.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$47K

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

+18.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$89469

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 codes2E3D2G2F2T

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.
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.

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

$55K

$1710 / participant

Other / not subdivided$55K100.0%

% of EOY assets

0.314%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$425,168

$125,797+238.0%

$170,043+150.0%

$75,173+465.6%

Participation rate

84.4%

83.6%+0.8pp

87.0%-2.6pp

67.2%+17.2pp

Annual return

19.05%

27.20%-8.1pp

53.40%-34.4pp

160.72%-141.7pp

Employer contribution / active EE

$40,106

$4,616+768.8%

$6,790+490.7%

$2,671+1401.6%

Participant deferral / active EE

$6,838-100.0%

$10,410-100.0%

$4,126-100.0%

Admin fee / account holder

$1,335

$8,177-83.7%

$12,824-89.6%

$5,651-76.4%

LEEDS EQUITY PARTNERS, LLC PROFIT SHARING

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEEDS EQUITY PARTNERS, LLC PROFIT SHARING

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