Retirement plan

NNN PROPERTIES LLC PROFIT SHARING/401(K) PLAN

Name: NNN PROPERTIES LLC - NNN PROPERTIES LLC PROFIT SHARING/401(K) PLAN (2024) Form 5500
Creator: NNN PROPERTIES LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NNN PROPERTIES LLC PROFIT SHARING/401(K) PLAN, NNN PROPERTIES LLC

NNN PROPERTIES LLCEIN 03-0599484Plan #002PY 2024

275 MADISON AVENUE - 13TH FLR. - NEW YORK, NY 100161145212-430-5115LinkedIn1-10 employeesreal estate

Other plans on this EIN

1 filing

#001Retirement-$4.3M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.6M

+57.2% from 2023

Total participants

+14.1% from 2023

Average account balance

$74,890

+26.8% from 2023

Annual return

30.92%

-5.64 pp from 2023

Benchmarks

See 4,155 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort4,155 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.64M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

87.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$815K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+30.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1172

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 codes2E2J3B3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$73K

$1024 / participant

Other / not subdivided$73K100.0%

% of EOY assets

1.565%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$74,890

$77,164-2.9%

$178,014-57.9%

$80,874-7.4%

Participation rate

73.2%

65.7%+7.5pp

77.1%-3.8pp

67.6%+5.6pp

Annual return

30.92%

18.09%+12.8pp

294.80%-263.9pp

35.62%-4.7pp

Employer contribution / active EE

$4,766

$2,288+108.3%

$3,950+20.7%

$2,756+72.9%

Participant deferral / active EE

$6,712

$4,408+52.3%

$6,276+6.9%

$4,297+56.2%

Admin fee / account holder

$1,172

$7,164-83.6%

$10,362-88.7%

$6,935-83.1%

NNN PROPERTIES LLC PROFIT SHARING/401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NNN PROPERTIES LLC PROFIT SHARING/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