Retirement plan

COHEN ASSET MANAGEMENT, INC. 401(K) SALARY REDUCTION PLAN AND TRUST

Name: COHEN ASSET MANAGEMENT, INC. - COHEN ASSET MANAGEMENT, INC. 401(K) SALARY REDUCTION PLAN AND TRUST (2021) Form 5500
Creator: COHEN ASSET MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COHEN ASSET MANAGEMENT, INC. 401(K) SALARY REDUCTION PLAN AND TRUST, COHEN ASSET MANAGEMENT, INC.

COHEN ASSET MANAGEMENT, INC.EIN 95-4371101Plan #001PY 2021

1900 AVENUE OF THE STARS, SUITE 320 - LOS ANGELES, CA 90067310-860-0598cohenasset.comLinkedIn11-50 employeesreal estate

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3M

+20.3% from 2020

Total participants

+3.8% from 2020

Average account balance

$123,967

+25.3% from 2020

Annual return

12.28%

-11.87 pp from 2020

Benchmarks

See 17,102 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort17,102 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.07M

Not enough data

1 years with asset history on file

Average account balance

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

$154K

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.

91.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$488K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+14.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$816

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 codes2E2F2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$87K

$3954 / participant

Other / not subdivided$87K100.0%

% of EOY assets

2.924%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$123,967

$227,566-45.5%

$189,558-34.6%

$167,518-26.0%

Participation rate

86.4%

82.5%+3.9pp

78.5%+7.9pp

82.1%+4.3pp

Annual return

12.28%

78.43%-66.1pp

64.19%-51.9pp

478.71%-466.4pp

Employer contribution / active EE

$1,439

$5,316-72.9%

$4,412-67.4%

$4,838-70.3%

Participant deferral / active EE

$10,566

$7,002+50.9%

$6,174+71.1%

$6,342+66.6%

Admin fee / account holder

$3,624

$11,881-69.5%

$9,809-63.1%

$12,312-70.6%

COHEN ASSET MANAGEMENT, INC. 401(K) SALARY REDUCTION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COHEN ASSET MANAGEMENT, INC. 401(K) SALARY REDUCTION 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