Retirement plan

ALVAREZ & MARSAL HOLDINGS, LLC 401(K) AND RETIREMENT PLAN

Name: ALVAREZ & MARSAL HOLDINGS, LLC - ALVAREZ & MARSAL HOLDINGS, LLC 401(K) AND RETIREMENT PLAN (2016) Form 5500
Creator: ALVAREZ & MARSAL HOLDINGS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALVAREZ & MARSAL HOLDINGS, LLC 401(K) AND RETIREMENT PLAN, ALVAREZ & MARSAL HOLDINGS, LLC

ALVAREZ & MARSAL HOLDINGS, LLCEIN 56-2409465Plan #001PY 2016

600 MADISON AVE, 8TH FLOOR - NEW YORK, NY 10022212-328-8737alvarezandmarsal.comLinkedIn5001-10000 employeesmanagement consulting

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$334.3M

-19.5% from 2017

Total participants

2,796

-4.3% from 2017

Average account balance

$134,705

-15.9% from 2017

Annual return

5.95%

-12.45 pp from 2017

Benchmarks

See 529 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort529 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.15B

Not enough data

1 years with asset history on file

Average account balance

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

$220K

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.

5,226

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.

85.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$120.08M

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

+28.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$102

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
JOHN HANCOCK LIFE INSURANCE COMPANY1+ years Filed as: JOHN HANCOCK RETIREMENT PLAN SRVCS Service code 15 · EIN 01-0233346	Recordkeeping	$186,059
GRASSI & CO1+ years Filed as: GRASSI & CO., CPAS, P.C. Service code 10 · EIN 11-3266576	Accounting	$38,690
PETROCELLI FINANCIAL SERVICES, LLC1+ years Service code 27 120 BRODWAY · NEW YORK, NY 10271	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2T

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.
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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$227K

$109 / participant

Investment mgmt$100.0%
Contract admin$186K81.9%
Other / not subdivided$41K18.1%

% of EOY assets

0.068%

all-in expense ratio

Categories reported

2 / 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: GRASSI & CO., CPAS, P.C.
Auditor EIN: 113266576
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$134,705

$80,354+67.6%

$133,975+0.5%

$63,975+110.6%

Participation rate

84.9%

87.5%-2.6pp

87.1%-2.1pp

71.1%+13.8pp

Annual return

5.95%

13.11%-7.2pp

29.29%-23.3pp

48.65%-42.7pp

Employer contribution / active EE

$10,416

$3,503+197.3%

$5,211+99.9%

$2,182+377.4%

Participant deferral / active EE

$10,195

$5,239+94.6%

$6,282+62.3%

$3,356+203.8%

Admin fee / account holder

$92

$69+32.1%

$9,324-99.0%

$70+30.0%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY1+ years

Filed as: JOHN HANCOCK RETIREMENT PLAN SRVCS

Service code 15 · EIN 01-0233346

Recordkeeping

$186,059

GRASSI & CO1+ years

Filed as: GRASSI & CO., CPAS, P.C.

Service code 10 · EIN 11-3266576

Accounting

$38,690

PETROCELLI FINANCIAL SERVICES, LLC1+ years

Service code 27

120 BRODWAY · NEW YORK, NY 10271

Advisory (Plan)

ALVAREZ & MARSAL HOLDINGS, LLC 401(K) AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALVAREZ & MARSAL HOLDINGS, LLC 401(K) AND RETIREMENT 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