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 (2020) 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 2020

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)

$587.3M

-19.5% from 2017

Total participants

3,600

-4.3% from 2017

Average account balance

$183,032

-15.9% from 2017

Annual return

7.23%

-12.45 pp from 2017

Benchmarks

See 526 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort526 peers

Snapshot2020

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 5 by compensation

Provider	Service type	Compensation
GROOM LAW GROUP1 year Filed as: GROOM LAW GROUP, CHARTERED Service code 29 PO BOX 2598 · RINCON, GA 31326	Legal	$201,852
T ROWE PRICE RPS INC1 year Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$111,384
COOK STREET CONSULTING1 year Service code 16 5299 DTC BLVD · GREENWOOD VILLAGE, CO 80111	Consulting	$82,351
GRASSI & CO1 year Filed as: GRASSI & CO. Service code 10 50 JERICHO QUADRANGLE · JERICHO, NY 11753	Accounting	$38,088
JOHN HANCOCK LIFE INSURANCE COMPANY2 years Filed as: JOHN HANCOCK Service code 14 690 CANTON STREET · WESTWOOD, MA 02090	Plan Administrator	$6,703

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

$482K

$170 / participant

Investment mgmt$2K0.4%
Other / not subdivided$480K99.6%

% of EOY assets

0.082%

all-in expense ratio

Categories reported

1 / 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

$183,032

$110,699+65.3%

$177,839+2.9%

$90,274+102.8%

Participation rate

86.2%

88.3%-2.1pp

87.7%-1.5pp

73.4%+12.9pp

Annual return

7.23%

22.79%-15.6pp

48.33%-41.1pp

53.97%-46.7pp

Employer contribution / active EE

$10,998

$4,118+167.0%

$5,919+85.8%

$2,523+335.8%

Participant deferral / active EE

$11,121

$6,731+65.2%

$7,714+44.2%

$4,231+162.9%

Admin fee / account holder

$150

$90+67.0%

$12,432-98.8%

$114+31.8%

Provider

Service type

Compensation

GROOM LAW GROUP1 year

Filed as: GROOM LAW GROUP, CHARTERED

Service code 29

PO BOX 2598 · RINCON, GA 31326

Legal

$201,852

T ROWE PRICE RPS INC1 year

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$111,384

COOK STREET CONSULTING1 year

Service code 16

5299 DTC BLVD · GREENWOOD VILLAGE, CO 80111

Consulting

$82,351

GRASSI & CO1 year

Filed as: GRASSI & CO.

Service code 10

50 JERICHO QUADRANGLE · JERICHO, NY 11753

Accounting

$38,088

JOHN HANCOCK LIFE INSURANCE COMPANY2 years

Filed as: JOHN HANCOCK

Service code 14

690 CANTON STREET · WESTWOOD, MA 02090

Plan Administrator

$6,703

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