Retirement plan

COHEN HOLDINGS, INC. PROFIT SHARING 401(K) PLAN AND TRUST

Name: COHEN HOLDINGS, INC. - COHEN HOLDINGS, INC. PROFIT SHARING 401(K) PLAN AND TRUST (2020) Form 5500
Creator: COHEN HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COHEN HOLDINGS, INC. PROFIT SHARING 401(K) PLAN AND TRUST, COHEN HOLDINGS, INC.

COHEN HOLDINGS, INC.EIN 61-1649510Plan #002PY 2020

1520 14TH AVENUE - MIDDLETOWN, OH 45044513-422-3696

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$22M

+9.4% from 2019

Total participants

437

-8.0% from 2019

Average account balance

$60,024

+22.0% from 2019

Annual return

13.68%

-9.57 pp from 2019

Benchmarks

See 1,285 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,285 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.63M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

270

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.

70.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$977K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$297

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
PENSION CORPORATION OF AMERICA5+ years Service code 13 · EIN 31-1360674	Contract Administrator	$49,077
PCA INVESTMENT ADVISORY SERVICES1 year Service code 27 · EIN 59-3766965	Advisory (Plan)	$35,770
CLARK, SCHAEFER, HACKETT & CO.5+ years Filed as: CLARK SCHAEFER HACKETT Service code 10 · EIN 31-0800053	Accounting	$3,253

Plan features & details

Pension benefit codes2E2H2J2K2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$85K

$225 / participant

Investment mgmt$36K42.2%
Contract admin$46K54.0%
Other / not subdivided$3K3.8%

% of EOY assets

0.385%

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: CLARK SCHAEFER HACKETT
Auditor EIN: 310800053
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,024

$64,286-6.6%

$90,970-34.0%

$73,412-18.2%

Participation rate

81.4%

63.6%+17.8pp

69.0%+12.4pp

72.2%+9.2pp

Annual return

13.68%

21.46%-7.8pp

134.58%-120.9pp

59.30%-45.6pp

Employer contribution / active EE

$285

$895-68.2%

$2,122-86.6%

$2,234-87.3%

Participant deferral / active EE

$1,934

$2,453-21.2%

$3,373-42.7%

$3,806-49.2%

Admin fee / account holder

$231

$287-19.5%

$5,960-96.1%

$158+46.3%

Provider

Service type

Compensation

PENSION CORPORATION OF AMERICA5+ years

Service code 13 · EIN 31-1360674

Contract Administrator

$49,077

PCA INVESTMENT ADVISORY SERVICES1 year

Service code 27 · EIN 59-3766965

Advisory (Plan)

$35,770

CLARK, SCHAEFER, HACKETT & CO.5+ years

Filed as: CLARK SCHAEFER HACKETT

Service code 10 · EIN 31-0800053

Accounting

$3,253

COHEN HOLDINGS, INC. PROFIT SHARING 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COHEN HOLDINGS, INC. PROFIT SHARING 401(K) PLAN 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