Retirement plan

THE ASSOCIATED MANAGEMENT COMPANYS EMPLOYEE SAVINGS & RETIREMENT PLAN

Name: THE ASSOCIATED MANAGEMENT COMPANY - THE ASSOCIATED MANAGEMENT COMPANYS EMPLOYEE SAVINGS & RETIREMENT PLAN (2022) 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 2022

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

Prospect flagsLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$2.8M

-10.9% from 2021

Total participants

110

+1.9% from 2021

Average account balance

$34,322

No prior year

Annual return

-16.25%

-26.85 pp from 2021

Benchmarks

See 27,998 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort27,998 peers

Snapshot2022

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
LPL FINANCIAL2 years Filed as: LPL FINANCIAL, LLC Service code 17 PO BOX 502533 · SAN DIEGO, CA 921502533	Pension Consulting	$17,046
DOLINKA VANNOORD & CO PLLP1 year Service code 99 360 E BELTLINE STE 200 · GRAND RAPIDS, MI 49506	Other Fees	$7,900
EPIC RETIREMENT PLAN SERVICES3 years Filed as: KDP RETIREMENT PLAN SERVICES INC Service code 10 3060 LAKE EASTBROOK BLVD. SE · GRAND RAPIDS, MI 49512	Accounting	$1,875
AMERICAN FUNDS2 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERV Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$1,438

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

2 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.

Expense breakdown

Schedule H Part II

Admin total

$4K

$42 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.135%

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: GOODLANDER, SWETT AND RYBICKI
Auditor EIN: 381360926
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,322

$82,678-58.5%

$125,391-72.6%

$68,490-49.9%

Participation rate

70.7%

75.1%-4.4pp

82.4%-11.7pp

67.9%+2.8pp

Annual return

-16.25%

-5.97%-10.3pp

572.41%-588.7pp

-7.85%-8.4pp

Employer contribution / active EE

$463

$3,382-86.3%

$4,816-90.4%

$2,597-82.2%

Participant deferral / active EE

$2,232

$6,111-63.5%

$7,448-70.0%

$4,028-44.6%

Admin fee / account holder

$46

$6,277-99.3%

$10,009-99.5%

$5,403-99.1%

Provider

Service type

Compensation

LPL FINANCIAL2 years

Filed as: LPL FINANCIAL, LLC

Service code 17

PO BOX 502533 · SAN DIEGO, CA 921502533

Pension Consulting

$17,046

DOLINKA VANNOORD & CO PLLP1 year

Service code 99

360 E BELTLINE STE 200 · GRAND RAPIDS, MI 49506

Other Fees

$7,900

EPIC RETIREMENT PLAN SERVICES3 years

Filed as: KDP RETIREMENT PLAN SERVICES INC

Service code 10

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

Accounting

$1,875

AMERICAN FUNDS2 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SERV

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$1,438

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