Retirement plan

RICHARD GORDON INTERESTS & AFFILIATES PROFIT SHARING PLAN

Name: RICHARD GORDON INTERESTS - RICHARD GORDON INTERESTS & AFFILIATES PROFIT SHARING PLAN (2022) Form 5500
Creator: RICHARD GORDON INTERESTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RICHARD GORDON INTERESTS & AFFILIATES PROFIT SHARING PLAN, RICHARD GORDON INTERESTS

RICHARD GORDON INTERESTSEIN 06-1045692Plan #002PY 2022

ONE OLD MOUNTAIN ROAD - FARMINGTON, CT 06032860-674-4266

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$8.9M

-13.9% from 2021

Total participants

0.0% from 2021

Average account balance

$1,786,069

-13.9% from 2021

Annual return

-14.14%

-35.29 pp from 2021

Benchmarks

See 18,488 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort18,488 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.36M

Not enough data

1 years with asset history on file

Average account balance

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

$2.9M

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$127K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$42K

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

+14.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20090

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 codes2E2G2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$87K

$21704 / participant

Other / not subdivided$87K100.0%

% of EOY assets

0.972%

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

$1,786,069

$190,843+835.9%

$159,981+1016.4%

$134,493+1228.0%

Participation rate

100.0%

81.9%+18.1pp

78.0%+22.0pp

81.2%+18.8pp

Annual return

-14.14%

552.37%-566.5pp

408.70%-422.8pp

418.01%-432.2pp

Employer contribution / active EE

$15,209

$4,993+204.6%

$4,224+260.1%

$4,740+220.9%

Participant deferral / active EE

$11,875

$6,923+71.5%

$6,182+92.1%

$6,400+85.5%

Admin fee / account holder

$17,363

$10,475+65.8%

$8,700+99.6%

$11,425+52.0%

RICHARD GORDON INTERESTS & AFFILIATES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RICHARD GORDON INTERESTS & AFFILIATES PROFIT SHARING 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