Retirement plan

LEEDS EQUITY PARTNERS, LLC PROFIT SHARING

Name: LEEDS EQUITY ADVISORS INC. - LEEDS EQUITY PARTNERS, LLC PROFIT SHARING (2024) 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 2024

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

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$17.3M

-0.8% from 2023

Total participants

+2.2% from 2023

Average account balance

$411,715

-3.2% from 2023

Annual return

16.33%

-2.72 pp from 2023

Benchmarks

See 7,155 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,155 peers

Snapshot2024

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

$4.6M

$140679 / participant

Other / not subdivided$5M100.0%

% of EOY assets

26.847%

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

$411,715

$138,385+197.5%

$184,243+123.5%

$80,925+408.8%

Participation rate

84.8%

83.9%+1.0pp

86.8%-2.0pp

67.7%+17.2pp

Annual return

16.33%

20.02%-3.7pp

28.82%-12.5pp

35.65%-19.3pp

Employer contribution / active EE

$49,946

$4,851+929.7%

$6,427+677.2%

$2,756+1712.1%

Participant deferral / active EE

$7,075-100.0%

$9,132-100.0%

$4,299-100.0%

Admin fee / account holder

$110,533

$10,489+953.8%

$13,914+694.4%

$6,940+1492.7%

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