Retirement plan

CHARLESBANK GARDEN APARTMENTS 401 K PROFIT SHARING PLAN TRUST

Name: CHARLESBANK GARDEN APARTMENTS - CHARLESBANK GARDEN APARTMENTS 401 K PROFIT SHARING PLAN TRUST (2018) Form 5500
Creator: CHARLESBANK GARDEN APARTMENTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHARLESBANK GARDEN APARTMENTS 401 K PROFIT SHARING PLAN TRUST, CHARLESBANK GARDEN APARTMENTS

CHARLESBANK GARDEN APARTMENTSEIN 04-2911103Plan #002PY 2018

56 CHARLES RIVER RD. - WALTHAM, MA 02453781-893-5038charlesbankgardenapts.comLinkedIn1-10 employeesreal estate

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$150K

+20.7% from 2017

Total participants

+11.1% from 2017

Average account balance

$16,721

+7.3% from 2017

Annual return

-7.03%

-24.19 pp from 2017

Benchmarks

See 15,190 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort15,190 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$318K

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$30K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$396

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 codes2G2E2T3D2J2F

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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$1K

$146 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.872%

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

$16,721

$211,946-92.1%

$169,452-90.1%

$135,380-87.6%

Participation rate

88.9%

82.6%+6.3pp

77.8%+11.1pp

82.6%+6.2pp

Annual return

-7.03%

3.26%-10.3pp

1.83%-8.9pp

519.81%-526.8pp

Employer contribution / active EE

$2,203

$5,117-56.9%

$4,157-47.0%

$4,779-53.9%

Participant deferral / active EE

$1,682

$6,075-72.3%

$5,277-68.1%

$5,609-70.0%

Admin fee / account holder

$146

$11,472-98.7%

$9,110-98.4%

$10,828-98.7%

CHARLESBANK GARDEN APARTMENTS 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHARLESBANK GARDEN APARTMENTS 401 K PROFIT SHARING PLAN TRUST

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