Retirement plan

RELO REDAC, INC. 401K PLAN

Name: RELO REDAC, INC. - RELO REDAC, INC. 401K PLAN (2019) Form 5500
Creator: RELO REDAC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RELO REDAC, INC. 401K PLAN, RELO REDAC, INC.

RELO REDAC, INC.EIN 13-3368423Plan #001PY 2019

1010 AVENUE OF THE AMERICAS, 4TH FLOOR - NEW YORK, NY 10018212-379-5040redacinc.comLinkedIn51-200 employeesreal estate

Prospect flagsHigh feesLow participationRecently reached 100 employees

How to read this page

Total assets (EOY)

$7.6M

+51.4% from 2018

Total participants

237

+17.9% from 2018

Average account balance

$75,100

+18.4% from 2018

Annual return

40.82%

+45.09 pp from 2018

Benchmarks

See 991 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort991 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.70M

Not enough data

1 years with asset history on file

Average account balance

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

$105K

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.

111

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.

43.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$767K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+10.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$959

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
NATIONWIDE2 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$31,081
MORGAN STANLEY SMITH BARNEY1 year Service code 27 1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004	Advisory (Plan)	$7,787
INTAC ACTUARIAL SERVICES2 years Filed as: INTAC ACTUARIAL SERVICES INC. Service code 17 50 TICE BLVD, SUITE 101 · WOODCLIFF LAKE, NJ 07677	Pension Consulting	$6,977
AXA EQUITABLE LIFE INSURANCE CO2 years Filed as: AXA ADVISORS LLC Service code 27 ATTN COMMISSIONS · NEW YORK, NY 10104	Advisory (Plan)	$2,286
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY INS SVCS INC Service code 27 1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004	Advisory (Plan)	$2,094
AXA EQUITABLE LIFE INSURANCE CO2 years Filed as: AXA NETWORK, LLC Service code 27 JANIE SMITH · HARRISBURG, PA 17110	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$36K

$161 / participant

Investment mgmt$36K100.0%

% of EOY assets

0.474%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BORIS BENIC & ASSOCIATES LLP
Auditor EIN: 542190047
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$75,100

$56,918+31.9%

$182,540-58.9%

$65,185+15.2%

Participation rate

39.0%

66.5%-27.5pp

78.0%-39.0pp

70.2%-31.2pp

Annual return

40.82%

27.67%+13.1pp

148.58%-107.8pp

29.38%+11.4pp

Employer contribution / active EE

$489

$1,615-69.7%

$4,076-88.0%

$2,177-77.5%

Participant deferral / active EE

$2,780

$3,526-21.2%

$5,525-49.7%

$3,514-20.9%

Admin fee / account holder

$356

$531-32.9%

$8,593-95.9%

$847-57.9%

Provider

Service type

Compensation

NATIONWIDE2 years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$31,081

MORGAN STANLEY SMITH BARNEY1 year

Service code 27

1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004

Advisory (Plan)

$7,787

INTAC ACTUARIAL SERVICES2 years

Filed as: INTAC ACTUARIAL SERVICES INC.

Service code 17

50 TICE BLVD, SUITE 101 · WOODCLIFF LAKE, NJ 07677

Pension Consulting

$6,977

AXA EQUITABLE LIFE INSURANCE CO2 years

Filed as: AXA ADVISORS LLC

Service code 27

ATTN COMMISSIONS · NEW YORK, NY 10104

Advisory (Plan)

$2,286

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY INS SVCS INC

Service code 27

1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004

Advisory (Plan)

$2,094

AXA EQUITABLE LIFE INSURANCE CO2 years

Filed as: AXA NETWORK, LLC

Service code 27

JANIE SMITH · HARRISBURG, PA 17110

Advisory (Plan)

RELO REDAC, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RELO REDAC, INC. 401K 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