Retirement plan

THE ASSOCIATED MANAGEMENT COMPANYS EMPLOYEE SAVINGS & RETIREMENT PLAN

Name: THE ASSOCIATED MANAGEMENT COMPANY - THE ASSOCIATED MANAGEMENT COMPANYS EMPLOYEE SAVINGS & RETIREMENT PLAN (2020) Form 5500
Creator: THE ASSOCIATED MANAGEMENT COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ASSOCIATED MANAGEMENT COMPANYS EMPLOYEE SAVINGS & RETIREMENT PLAN, THE ASSOCIATED MANAGEMENT COMPANY

THE ASSOCIATED MANAGEMENT COMPANYEIN 01-0774376Plan #001PY 2020

33067 SCHOOLCRAFT - LIVONIA, MI 48150734-402-6402associated-management.comLinkedIn51-200 employeesreal estate

Prospect flagsLow employer contributionLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$3.5M

+22.7% from 2019

Total participants

138

-8.0% from 2019

Average account balance

$33,079

+36.5% from 2019

Annual return

17.70%

-3.35 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.64M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

82.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$261K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2455

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
WWK ADVISORS, LLC1 year Filed as: WWK ADVISORS LLC Service code 17 126 N CENTER ST · NORTHVILLE, MI 48167	Pension Consulting	$20,258
AMERICAN REALTY ADVISORS1 year Filed as: AMERICAN AUDITORS GROUP Service code 10 1904 E CATALDO AVE · SPOKANE, WA 99202	Accounting	$5,500
EPIC RETIREMENT PLAN SERVICES1 year Filed as: KDP RETIREMENT PLAN SERVICES INC Service code 10 3060 LAKE EASTBROOK BLVD. SE · GRAND RAPIDS, MI 49512	Accounting	$2,550
AMERICAN FUNDS1 year Service code 15 P.O. BOX 6164 · INDIANAPOLIS, IN 462066273	Recordkeeping	$2,305

Plan features & details

Pension benefit codes2E2F2G2J2K3D2T2S

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant 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).

Expense breakdown

Schedule H Part II

Admin total

$31K

$279 / participant

Other / not subdivided$31K100.0%

% of EOY assets

0.867%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DOLINKA,VANNOORD & COMPANY,PLLP
Auditor EIN: 382426290
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,079

$99,957-66.9%

$149,745-77.9%

$73,497-55.0%

Participation rate

71.8%

75.7%-3.9pp

82.5%-10.7pp

70.7%+1.1pp

Annual return

17.70%

53.87%-36.2pp

276.72%-259.0pp

28.51%-10.8pp

Employer contribution / active EE

$424

$3,191-86.7%

$4,646-90.9%

$2,270-81.3%

Participant deferral / active EE

$2,221

$6,073-63.4%

$6,843-67.5%

$3,740-40.6%

Admin fee / account holder

$287

$551-47.9%

$9,312-96.9%

$513-44.1%

Provider

Service type

Compensation

WWK ADVISORS, LLC1 year

Filed as: WWK ADVISORS LLC

Service code 17

126 N CENTER ST · NORTHVILLE, MI 48167

Pension Consulting

$20,258

AMERICAN REALTY ADVISORS1 year

Filed as: AMERICAN AUDITORS GROUP

Service code 10

1904 E CATALDO AVE · SPOKANE, WA 99202

Accounting

$5,500

EPIC RETIREMENT PLAN SERVICES1 year

Filed as: KDP RETIREMENT PLAN SERVICES INC

Service code 10

3060 LAKE EASTBROOK BLVD. SE · GRAND RAPIDS, MI 49512

Accounting

$2,550

AMERICAN FUNDS1 year

Service code 15

P.O. BOX 6164 · INDIANAPOLIS, IN 462066273

Recordkeeping

$2,305

THE ASSOCIATED MANAGEMENT COMPANYS EMPLOYEE SAVINGS & RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ASSOCIATED MANAGEMENT COMPANYS EMPLOYEE SAVINGS & RETIREMENT 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