Retirement plan

GREAT NORTH PROPERTY MANAGEMENT, INC. 401(K) PLAN

Name: GREAT NORTH PROPERTY MANAGEMENT, INC. - GREAT NORTH PROPERTY MANAGEMENT, INC. 401(K) PLAN (2022) Form 5500
Creator: GREAT NORTH PROPERTY MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREAT NORTH PROPERTY MANAGEMENT, INC. 401(K) PLAN, GREAT NORTH PROPERTY MANAGEMENT, INC.

GREAT NORTH PROPERTY MANAGEMENT, INC.EIN 02-0442773Plan #001PY 2022

3 HOLLAND WAY - EXETER, NH 03833603-436-4100greatnorth.netLinkedIn51-200 employeesreal estate

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$712K

-14.4% from 2021

Total participants

101

-7.3% from 2021

Average account balance

$18,266

-5.6% from 2021

Annual return

-18.57%

-31.53 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

$841K

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

40.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$153K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+9.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2908

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

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$10K

$112 / participant

Other / not subdivided$10K100.0%

% of EOY assets

1.372%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: JOHNSON O'CONNOR FERON & CARUCCI LL
Auditor EIN: 203985546
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,266

$69,012-73.5%

$160,009-88.6%

$68,486-73.3%

Participation rate

28.7%

65.4%-36.7pp

78.0%-49.2pp

67.9%-39.2pp

Annual return

-18.57%

-9.65%-8.9pp

408.85%-427.4pp

-7.85%-10.7pp

Employer contribution / active EE

$2,212-100.0%

$4,225-100.0%

$2,597-100.0%

Participant deferral / active EE

$1,484

$4,212-64.8%

$6,183-76.0%

$4,028-63.1%

Admin fee / account holder

$251

$4,798-94.8%

$8,715-97.1%

$5,404-95.4%

GREAT NORTH PROPERTY MANAGEMENT, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREAT NORTH PROPERTY MANAGEMENT, INC. 401(K) 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