Retirement plan

TRIANGLE EQUITIES MANAGEMENT 401 K PROFIT SHARING PLAN & TRUS

Name: TRIANGLE EQUITIES MANAGEMENT - TRIANGLE EQUITIES MANAGEMENT 401 K PROFIT SHARING PLAN & TRUS (2023) Form 5500
Creator: TRIANGLE EQUITIES MANAGEMENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRIANGLE EQUITIES MANAGEMENT 401 K PROFIT SHARING PLAN & TRUS, TRIANGLE EQUITIES MANAGEMENT

TRIANGLE EQUITIES MANAGEMENTEIN 11-3403897Plan #001PY 2023

3056 WHITESTONE EXPY, STE 360 - FLUSHING, NY 11354347-631-0547triangleequities.comLinkedIn11-50 employeesreal estate

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$2.4M

+22.2% from 2022

Total participants

+1.7% from 2022

Average account balance

$57,919

+13.5% from 2022

Annual return

14.50%

+28.58 pp from 2022

Benchmarks

See 4,117 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort4,117 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.84M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

112.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$198K

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

+11.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1844

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$7K

$176 / participant

Other / not subdivided$7K100.0%

% of EOY assets

0.268%

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

$57,919

$70,684-18.1%

$169,390-65.8%

$75,173-23.0%

Participation rate

54.1%

64.8%-10.7pp

77.2%-23.1pp

67.2%-13.1pp

Annual return

14.50%

36.38%-21.9pp

406.07%-391.6pp

160.72%-146.2pp

Employer contribution / active EE

$2,211-100.0%

$4,013-100.0%

$2,671-100.0%

Participant deferral / active EE

$4,147

$4,310-3.8%

$6,222-33.4%

$4,126+0.5%

Admin fee / account holder

$155

$5,404-97.1%

$9,015-98.3%

$5,651-97.2%

TRIANGLE EQUITIES MANAGEMENT 401 K PROFIT SHARING PLAN & TRUS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRIANGLE EQUITIES MANAGEMENT 401 K PROFIT SHARING PLAN & TRUS

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