Retirement plan

FIDUCIARY FINANCIAL PARTNERS, LLC PROFIT SHARING 401(K) PLAN

Name: FIDUCIARY FINANCIAL PARTNERS, LLC C/O CARNOW AND ASSOCIATES, LTD. - FIDUCIARY FINANCIAL PARTNERS, LLC PROFIT SHARING 401(K) PLAN (2015) Form 5500
Creator: FIDUCIARY FINANCIAL PARTNERS, LLC C/O CARNOW AND ASSOCIATES, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIDUCIARY FINANCIAL PARTNERS, LLC PROFIT SHARING 401(K) PLAN, FIDUCIARY FINANCIAL PARTNERS, LLC C/O CARNOW AND ASSOCIATES, LTD.

FIDUCIARY FINANCIAL PARTNERS, LLC C/O CARNOW AND ASSOCIATES, LTD.EIN 90-0658332Plan #001PY 2015

778 FRONTAGE ROAD, SUITE 101 - NORTHFIELD, IL 600931209847-501-4622fiduciaryfinancialpartners.comLinkedIn1-10 employeesfinancial services

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$236K

No prior year

Total participants

No prior year

Average account balance

$59,014

No prior year

Annual return

-5.47%

No prior year

Benchmarks

See 27,820 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort27,820 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.52M

Not enough data

1 years with asset history on file

Average account balance

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

$218K

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.

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$157K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+11.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$32

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

0 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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,014

$140,592-58.0%

$123,105-52.1%

$125,389-52.9%

Participation rate

80.0%

88.2%-8.2pp

86.8%-6.8pp

83.2%-3.2pp

Annual return

-5.47%

16.80%-22.3pp

13.22%-18.7pp

282.24%-287.7pp

Employer contribution / active EE

$11,630

$6,041+92.5%

$5,151+125.8%

$4,866+139.0%

Participant deferral / active EE

$7,200

$6,980+3.1%

$6,229+15.6%

$5,352+34.5%

Admin fee / account holder

$11,198-100.0%

$9,014-100.0%

$9,541-100.0%

FIDUCIARY FINANCIAL PARTNERS, LLC PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

FIDUCIARY FINANCIAL PARTNERS, LLC PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion