Retirement plan

BEVERLY HOUSE INC SIMS 401K PROFIT SHARING PLAN AND TRUST

Name: BEVERLY HOUSE INC SIMS - BEVERLY HOUSE INC SIMS 401K PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: BEVERLY HOUSE INC SIMS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BEVERLY HOUSE INC SIMS 401K PROFIT SHARING PLAN AND TRUST, BEVERLY HOUSE INC SIMS

BEVERLY HOUSE INC SIMSEIN 11-2685941Plan #001PY 2016

210 E 23RD ST 5TH FL - NEW YORK, NY 10010646-453-5262

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$217K

-17.9% from 2015

Total participants

-37.5% from 2015

Average account balance

$54,181

+2.7% from 2015

Annual return

3.14%

+5.68 pp from 2015

Benchmarks

See 13,988 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort13,988 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$212K

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

160.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13K

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

+7.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2119

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 codes2E2F2G2J2T3D

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

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

$83K

$20875 / participant

Other / not subdivided$83K100.0%

% of EOY assets

38.527%

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

$54,181

$215,361-74.8%

$171,082-68.3%

$273,972-80.2%

Participation rate

75.0%

82.0%-7.0pp

76.7%-1.7pp

83.0%-8.0pp

Annual return

3.14%

25.14%-22.0pp

32.56%-29.4pp

41.46%-38.3pp

Employer contribution / active EE

$1,875

$4,967-62.3%

$4,002-53.1%

$4,869-61.5%

Participant deferral / active EE

$4,697

$5,543-15.3%

$4,797-2.1%

$5,287-11.2%

Admin fee / account holder

$20,875

$10,846+92.5%

$8,520+145.0%

$10,133+106.0%

BEVERLY HOUSE INC SIMS 401K PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BEVERLY HOUSE INC SIMS 401K PROFIT SHARING PLAN AND 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