Retirement plan

353 CENTRAL PARK WEST CONDOMINIUM EMPLOYEES SAVINGS TRUST

Name: 353 CENTRAL PARK WEST CONDOMINIUM - 353 CENTRAL PARK WEST CONDOMINIUM EMPLOYEES SAVINGS TRUST (2024) Form 5500
Creator: 353 CENTRAL PARK WEST CONDOMINIUM
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 353 CENTRAL PARK WEST CONDOMINIUM EMPLOYEES SAVINGS TRUST, 353 CENTRAL PARK WEST CONDOMINIUM

353 CENTRAL PARK WEST CONDOMINIUMEIN 11-3266638Plan #001PY 2024

C/O REM NY, 8 WEST 36TH STREET, 8TH FL00R - NEW YORK, NY 10018212-679-4342LinkedIn1-10 employeesreal estate

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$579K

+25.4% from 2023

Total participants

0.0% from 2023

Average account balance

$96,423

+25.4% from 2023

Annual return

18.32%

+0.03 pp from 2023

Benchmarks

See 20,063 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort20,063 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$579K

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$33K

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

+18.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$459

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 codes2E2F2G2J3D

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.
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

$3K

$459 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.476%

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

$96,423

$211,288-54.4%

$178,540-46.0%

$145,884-33.9%

Participation rate

100.0%

80.8%+19.2pp

77.1%+22.9pp

80.3%+19.7pp

Annual return

18.32%

30.27%-12.0pp

27.15%-8.8pp

551.85%-533.5pp

Employer contribution / active EE

$3,026

$4,574-33.8%

$3,953-23.4%

$4,662-35.1%

Participant deferral / active EE

$2,421

$6,967-65.3%

$6,281-61.5%

$6,690-63.8%

Admin fee / account holder

$459

$12,105-96.2%

$10,424-95.6%

$13,392-96.6%

353 CENTRAL PARK WEST CONDOMINIUM EMPLOYEES SAVINGS TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

353 CENTRAL PARK WEST CONDOMINIUM EMPLOYEES SAVINGS 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