Plans » Benchmarking Engine
Benchmarking Oppenheimer & Co. Inc. 401(K) Plan in New York, NY against
good (2)
neutral (4)
Oppenheimer & Co. Inc. 401(K) Plan in New York, NY has the 11th-most interest-bearing cash (e.g., money market accounts, certificates of deposit) ($53,459,468) of the 1,296 plans that are self-administered by the plan sponsor and not collectively-bargained. Those $53,459,468 compare to an average of $4,792,974 across the 1,296 plans.
- self-administered by the plan sponsor. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- collectively-bargained. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- interest-bearing cash (e.g., money market accounts, certificates of deposit). At end of plan year. Includes all assets that earn interest in a financial institution account such as interest bearing checking accounts, passbook savings accounts, or in money market accounts. Line 1c(1) of Schedule H. Line 1c(1) of Schedule H. A missing entry from the Schedule H is here assigned a value of $0. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
Oppenheimer & Co. Inc. 401(K) Plan in New York, NY is in New York, NY, is on the East Coast, its EIN is 135657518, its industry group is Securities and Commodity Contracts Intermediation and Brokerage, its plan administrator is Jaime Bridges, a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, provides for automatic enrollment, is a single-employer plan, has total assets of $250M to $1B, has 1,000 to 4,999 total participants, is better than the overall participant averages in each of net income per active participant, average account balance, active-participant contributions per head, and total administrative expense per participant (4 total), and is lower than the overall administrative medians in each of other administrative expenses, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- total assets ($541.90M)
- net assets (assets minus liabilities) ($541.90M)
- value of interest in registered investment companies (e.g., mutual funds) ($454.80M)
- total income ($113,963,733)
- net income ($85,454,603)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($53,459,468)
- total contributions ($33,454,041)
- total expenses ($28,509,130)
- cash contributions from participants ($26,307,952)
- employer-related securities investments ($23,369,934)
- participant loans ($6,590,371)
- cash contributions from employers ($3,406,025)
- receivables employer contributions ($3,220,178)
- other general investments ($438,839)
- average account balance ($151,073)
- total administrative expenses ($101,385)
- contract administrator fees ($65,885)
- professional fees ($35,500)
- net income per active participant ($30,422)
- average participant cash contribution per active participant ($9,366)
- average employer cash contribution per active participant ($1,212)
- total noninterest-bearing cash ($66)
- total administrative expense per participant ($28.26)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($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)
- 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)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- percentage of active participants at the end of the plan year (78.3%)
- diversity of asset types (18.9%)
- employer securities as a percentage of plan assets (4.31%)
- participant loans as a percentage of plan assets (1.22%)
- total administrative expense ratio (0.019%)
- active participants at the end of the plan year (2,809)
- deceased participants whose beneficiaries receive or are entitled to benefits (33)
- living participants (3,554)
- other retired or separated participants entitled to future benefits (745)
- retired or separated participants receiving benefits (0)
- total participants (3,587)
Global References