Retirement plan

EMERGING MARKETS EMPLOYEES' SAVINGS PLAN

Name: EMERGENT HOLDINGS, INC. - EMERGING MARKETS EMPLOYEES' SAVINGS PLAN (2021) Form 5500
Creator: EMERGENT HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMERGING MARKETS EMPLOYEES' SAVINGS PLAN, EMERGENT HOLDINGS, INC.

EMERGENT HOLDINGS, INC.EIN 81-3438452Plan #001PY 2021

200 N GRAND AVE - LANSING, MI 48933313-225-9000emergentholdingsinc.comLinkedIn1001-5000 employeesinsurance

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$427.4M

-87.3% from 2018

Total participants

3,778

+1.7% from 2018

Average account balance

$115,378

-85.1% from 2018

Annual return

16.66%

-635.51 pp from 2018

Benchmarks

See 543 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort543 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$591.60M

Not enough data

1 years with asset history on file

Average account balance

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

$134K

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.

4,424

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.

98.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$48.91M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+40.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$52

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

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 codes2G2J2E

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$153K

$50 / participant

Other / not subdivided$153K100.0%

% of EOY assets

0.036%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GEORGE JOHNSON & COMPANY
Auditor EIN: 382029668
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$115,378

$118,337-2.5%

$189,534-39.1%

$93,010+24.0%

Participation rate

97.6%

89.1%+8.5pp

87.8%+9.8pp

73.9%+23.7pp

Annual return

16.66%

21.77%-5.1pp

555.39%-538.7pp

158.70%-142.0pp

Employer contribution / active EE

$5,755

$4,204+36.9%

$6,162-6.6%

$2,705+112.7%

Participant deferral / active EE

$9,574

$7,123+34.4%

$8,220+16.5%

$4,561+109.9%

Admin fee / account holder

$41

$100-58.6%

$12,049-99.7%

$152-72.8%

EMERGING MARKETS EMPLOYEES' SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMERGING MARKETS EMPLOYEES' SAVINGS 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