Retirement plan

FITZPATRICK LODGING ASSOCIATES INVEST FOR RETIREMENT PLAN

Name: FITZPATRICK RETAIL AND REALTY COMPANY, INC. - FITZPATRICK LODGING ASSOCIATES INVEST FOR RETIREMENT PLAN (2015) Form 5500
Creator: FITZPATRICK RETAIL AND REALTY COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FITZPATRICK LODGING ASSOCIATES INVEST FOR RETIREMENT PLAN, FITZPATRICK RETAIL AND REALTY COMPANY, INC.

FITZPATRICK RETAIL AND REALTY COMPANY, INC.EIN 04-2805466Plan #001PY 2015

PO BOX 954 - STOCKBRIDGE, MA 01262413-298-5545fitzpatrickre.comLinkedIn1-10 employeesreal estate

Prospect flagsLow participationLow employer contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.5M

No prior year

Total participants

262

No prior year

Average account balance

$26,514

No prior year

Annual return

-1.00%

No prior year

Benchmarks

See 801 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort801 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.46M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

120

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.

34.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$567K

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

+13.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$131

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
STANCORP FINANCIAL GROUP1+ years Filed as: STANCORP FINANCIAL CORP Service code 12 · EIN 93-1253576	Recordkeeping and information managem...	$11,939
STANCORP FINANCIAL GROUP1+ years Service code 19	Securities Custodian	$1,212

Plan features & details

Pension benefit codes2A2E2H2J2T3D3H

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.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$18K

$78 / participant

Contract admin$18K100.0%

% of EOY assets

0.521%

all-in expense ratio

Categories reported

1 / 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: TEAL, BECKER & CHAIRMAONTE, CPA
Auditor EIN: 141624930
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,514

$26,805-1.1%

$59,496-55.4%

$52,331-49.3%

Participation rate

43.8%

39.3%+4.4pp

54.6%-10.8pp

68.1%-24.3pp

Annual return

-1.00%

2.61%-3.6pp

182.05%-183.0pp

4.54%-5.5pp

Employer contribution / active EE

$75

$450-83.4%

$1,153-93.5%

$1,882-96.0%

Participant deferral / active EE

$730

$916-20.3%

$1,829-60.1%

$3,022-75.8%

Admin fee / account holder

$138

$305-54.7%

$2,232-93.8%

$592-76.7%

Provider

Service type

Compensation

STANCORP FINANCIAL GROUP1+ years

Filed as: STANCORP FINANCIAL CORP

Service code 12 · EIN 93-1253576

Recordkeeping and information managem...

$11,939

STANCORP FINANCIAL GROUP1+ years

Service code 19

Securities Custodian

$1,212

FITZPATRICK LODGING ASSOCIATES INVEST FOR RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FITZPATRICK LODGING ASSOCIATES INVEST FOR 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