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Benchmarking Excelsior Integrated Management Corp. 401(K) Plan in New York, NY against
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Excelsior Integrated Management Corp. 401(K) Plan in New York, NY paid the 9th-highest investment advisory and management fees ($35,161) of the 449 plans in New York, NY. Those $35,161 compare to an average of $3,877 across the 449 plans.
- in city. Values were kept only if they occurred at least 20 times. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- investment advisory and management fees. Lower values are better. From Line 2i(3), Schedule H. The total fees paid (or in the case of accrual basis plans, costs incurred during the plan year but not paid as of the end of the plan year) to an individual, partnership or corporation (or other person) for advice to the plan relating to its investment portfolio. These may include fees paid to manage the plan’s investments, fees for specific advice on a particular investment, and fees for the evaluation for the plan’s investment performance. A missing entry from the Schedule H is here assigned a value of $0. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
Excelsior Integrated Management Corp. 401(K) Plan in New York, NY is in New York, NY, its EIN is 463320327, its industry group is Offices of Physicians, is a profit-sharing plan, covered by a fidelity bond, self-administered by the plan sponsor, is a single-employer plan, its business code is 621111, has 100 to 499 total participants, is better than the overall plan medians in each of total income, net income, participant loans as a percentage of plan assets, yield on beginning-of-plan-year total assets, and diversity of asset types (5 total), is better than the overall participant averages in each of net income per total participant, employer contributions per active participant, and total administrative expense per participant, and is higher than the overall administrative medians in each of investment advisory and management fees, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- total assets ($6,431,041)
- net assets (assets minus liabilities) ($6.40M)
- total assets at beginning of plan year ($5,629,820)
- value of interest in registered investment companies (e.g., mutual funds) ($4.60M)
- total contributions ($1,703,176)
- value of funds held in insurance company general account (unallocated contracts) ($1,234,709)
- cash contributions from participants ($1,142,392)
- total income ($841,266)
- net income ($801,221)
- receivables employer contributions ($560,784)
- cash contributions from employers ($560,784)
- total expenses ($40,045)
- investment advisory and management fees ($35,161)
- total administrative expenses ($35,161)
- average account balance ($18,116)
- average employer+participant cash contribution per active participant ($4,908)
- average participant cash contribution per active participant ($3,292)
- net income per total participant ($2,257)
- average employer cash contribution per active participant ($1,616)
- total administrative expense per participant ($99.05)
- total noninterest-bearing cash ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- participant loans ($0)
- value of interest in common/collective trusts ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- corrective distributions ($0)
- professional fees ($0)
- contract administrator fees ($0)
- other administrative expenses ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- earnings on investments (-$861,910)
- net earnings on investments (-$897,071)
- percentage of active participants (97.7%)
- diversity of asset types (24.1%)
- growth in total assets during the plan year (14.2%)
- total administrative expense ratio (0.550%)
- participant loans as a percentage of plan assets (0.00%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- yield on beginning-of-plan-year total assets (-15.93%)
- active participants (347)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (355)
- other retired or separated participants entitled to future benefits (0)
- retired or separated participants receiving benefits (8)
- total participants (355)
Global References