Retirement plan

BRICKBOTTOM CONDO TRUST 401(K) PLAN U/A/D 04/1/1999

Name: BRICKBOTTOM CONDO TRUST - BRICKBOTTOM CONDO TRUST 401(K) PLAN U/A/D 04/1/1999 (2021) Form 5500
Creator: BRICKBOTTOM CONDO TRUST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRICKBOTTOM CONDO TRUST 401(K) PLAN U/A/D 04/1/1999, BRICKBOTTOM CONDO TRUST

BRICKBOTTOM CONDO TRUSTEIN 04-3046472Plan #001PY 2021

1 FITCHBURG STREET C125 - SOMERVILLE, MA 021432129161-777-6333

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$702K

+12.8% from 2020

Total participants

+25.0% from 2020

Average account balance

$140,498

-9.8% from 2020

Annual return

7.47%

-4.61 pp from 2020

Benchmarks

See 17,102 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort17,102 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$725K

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$43K

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

+9.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18630

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 codes2G2J3D

Plan features

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.
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

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

$24K

$6000 / participant

Other / not subdivided$24K100.0%

% of EOY assets

3.416%

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

$140,498

$227,566-38.3%

$189,558-25.9%

$167,518-16.1%

Participation rate

100.0%

82.5%+17.5pp

78.5%+21.5pp

82.1%+17.9pp

Annual return

7.47%

78.43%-71.0pp

64.19%-56.7pp

478.71%-471.2pp

Employer contribution / active EE

$4,378

$5,316-17.6%

$4,412-0.8%

$4,838-9.5%

Participant deferral / active EE

$9,911

$7,002+41.5%

$6,174+60.5%

$6,342+56.3%

Admin fee / account holder

$4,800

$11,881-59.6%

$9,809-51.1%

$12,312-61.0%

BRICKBOTTOM CONDO TRUST 401(K) PLAN U/A/D 04/1/1999

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRICKBOTTOM CONDO TRUST 401(K) PLAN U/A/D 04/1/1999

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