Retirement plan

MILFORD CONSULTANTS, LTD. DEFINED CONTRIBUTION RETIREMENT PLAN

Name: MILFORD CONSULTANTS, LTD. - MILFORD CONSULTANTS, LTD. DEFINED CONTRIBUTION RETIREMENT PLAN (2022) Form 5500
Creator: MILFORD CONSULTANTS, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILFORD CONSULTANTS, LTD. DEFINED CONTRIBUTION RETIREMENT PLAN, MILFORD CONSULTANTS, LTD.

MILFORD CONSULTANTS, LTD.EIN 01-0789442Plan #002PY 2022

335 MADISON AVENUE, 24TH FLOOR - NEW YORK, NY 10017212-708-0080LinkedIn51-200 employeesreal estate

Other plans on this EIN

1 filing

#001Retirement-$7.6M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$17.5M

-15.4% from 2021

Total participants

123

+4.2% from 2021

Average account balance

$153,215

-19.1% from 2021

Annual return

-15.75%

-24.18 pp from 2021

Benchmarks

See 3,973 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort3,973 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.76M

Not enough data

1 years with asset history on file

Average account balance

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

$182K

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.

114

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.

94.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.85M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+8.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$432

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
HPM PARTNERS6 years Filed as: HPM PARTNERS LLC Service code 27 P.O. BOX 7800 · DETROIT, MI 482781724	Advisory (Plan)	$21,891
NEWPORT GROUP, INC.3 years Service code 12 · EIN 27-2037969	Claims processing; Trustee (directed)...	$6,691

Plan features & details

Pension benefit codes2A2E3B3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$30K

$334 / participant

Investment mgmt$22K72.0%
Contract admin$7K22.0%
Other / not subdivided$2K6.0%

% of EOY assets

0.174%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FGMK, LLC
Auditor EIN: 362929601
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$153,215

$69,012+122.0%

$160,037-4.3%

$68,490+123.7%

Participation rate

90.1%

65.4%+24.7pp

78.0%+12.1pp

67.9%+22.2pp

Annual return

-15.75%

-9.65%-6.1pp

408.95%-424.7pp

-7.85%-7.9pp

Employer contribution / active EE

$17,096

$2,212+672.7%

$4,226+304.6%

$2,597+558.4%

Participant deferral / active EE

$4,212-100.0%

$6,184-100.0%

$4,028-100.0%

Admin fee / account holder

$267

$4,798-94.4%

$8,716-96.9%

$5,403-95.1%

Provider

Service type

Compensation

HPM PARTNERS6 years

Filed as: HPM PARTNERS LLC

Service code 27

P.O. BOX 7800 · DETROIT, MI 482781724

Advisory (Plan)

$21,891

NEWPORT GROUP, INC.3 years

Service code 12 · EIN 27-2037969

Claims processing; Trustee (directed)...

$6,691

MILFORD CONSULTANTS, LTD. DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILFORD CONSULTANTS, LTD. DEFINED CONTRIBUTION 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