Retirement plan

BEACON CAPITAL PARTNERS, LLC 401(K) PLAN

Name: BEACON CAPITAL PARTNERS, LLC - BEACON CAPITAL PARTNERS, LLC 401(K) PLAN (2024) Form 5500
Creator: BEACON CAPITAL PARTNERS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BEACON CAPITAL PARTNERS, LLC 401(K) PLAN, BEACON CAPITAL PARTNERS, LLC

BEACON CAPITAL PARTNERS, LLCEIN 04-3506116Plan #001PY 2024

200 STATE STREET, 5TH FLOOR - BOSTON, MA 02109617-457-0425beaconcapital.comLinkedIn51-200 employeesreal estate

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$71.8M

+7.5% from 2023

Total participants

169

+1.2% from 2023

Average account balance

$443,088

+6.1% from 2023

Annual return

15.62%

-4.57 pp from 2023

Benchmarks

See 1,090 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort1,090 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$71.78M

Not enough data

1 years with asset history on file

Average account balance

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

$443K

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.

162

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.

94.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.87M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$33K

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

+15.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$93

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 4 by compensation

Provider	Service type	Compensation
ERNST & YOUNG LLP1 year Service code 10 · EIN 34-6565596	Accounting	$38,000
FIDUCIENT ADVISORS LLC4 years Filed as: FIDUCIENT Service code 27 · EIN 36-4001764	Advisory (Plan)	$37,967
STRATEGIC ADVISORS, INC.3 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$5,459
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	-$66,406

Plan features & details

Pension benefit codes2E2F2G2J2K3D2R

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$15K

$126 / participant

Investment mgmt$5K36.3%
Other / not subdivided$10K63.7%

% of EOY assets

0.021%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ERNST & YOUNG
Auditor EIN: 346565596
Audit fees: $38,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$443,088

$73,532+502.6%

$178,540+148.2%

$74,459+495.1%

Participation rate

94.1%

66.6%+27.5pp

77.1%+17.0pp

67.2%+26.9pp

Annual return

15.62%

17.51%-1.9pp

27.15%-11.5pp

1369.70%-1354.1pp

Employer contribution / active EE

$13,798

$2,221+521.2%

$3,953+249.1%

$2,626+425.5%

Participant deferral / active EE

$18,718

$4,519+314.2%

$6,281+198.0%

$4,350+330.3%

Admin fee / account holder

$93

$1,813-94.9%

$10,424-99.1%

$1,945-95.2%

Provider

Service type

Compensation

ERNST & YOUNG LLP1 year

Service code 10 · EIN 34-6565596

Accounting

$38,000

FIDUCIENT ADVISORS LLC4 years

Filed as: FIDUCIENT

Service code 27 · EIN 36-4001764

Advisory (Plan)

$37,967

STRATEGIC ADVISORS, INC.3 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$5,459

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$66,406

BEACON CAPITAL PARTNERS, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BEACON CAPITAL PARTNERS, LLC 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