Retirement plan

EMERGING MARKETS EMPLOYEES' SAVINGS PLAN

Name: EMERGENT HOLDINGS, INC. - EMERGING MARKETS EMPLOYEES' SAVINGS PLAN (2022) 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 2022

200 NORTH GRAND AVENUE - LANSING, MI 489331228313-225-9000emergentholdingsinc.comLinkedIn1001-5000 employeesinsurance

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$370.4M

-87.3% from 2018

Total participants

3,961

+1.7% from 2018

Average account balance

$95,241

-85.1% from 2018

Annual return

-17.34%

-635.51 pp from 2018

Benchmarks

See 565 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort565 peers

Snapshot2022

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 codes2E2G2J

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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$118K

$38 / participant

Other / not subdivided$118K100.0%

% of EOY assets

0.032%

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: GJC CPA'S & ADVISORS
Auditor EIN: 382029668
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$95,241

$95,918-0.7%

$151,634-37.2%

$77,906+22.3%

Participation rate

97.7%

88.7%+8.9pp

87.5%+10.2pp

73.7%+24.0pp

Annual return

-17.34%

-5.50%-11.8pp

3.32%-20.7pp

12.16%-29.5pp

Employer contribution / active EE

$5,908

$4,330+36.4%

$6,165-4.2%

$2,846+107.6%

Participant deferral / active EE

$10,203

$7,508+35.9%

$8,363+22.0%

$4,805+112.3%

Admin fee / account holder

$30

$93-67.5%

$11,614-99.7%

$133-77.2%

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