Retirement plan

TOTAL BUILDING & CONDO MAINTENANCE, INC. 401 K PROFIT SHARING PLAN

Name: TOTAL BUILDING & CONDO MAINTENANCE, INC. - TOTAL BUILDING & CONDO MAINTENANCE, INC. 401 K PROFIT SHARING PLAN (2016) Form 5500
Creator: TOTAL BUILDING & CONDO MAINTENANCE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOTAL BUILDING & CONDO MAINTENANCE, INC. 401 K PROFIT SHARING PLAN, TOTAL BUILDING & CONDO MAINTENANCE, INC.

TOTAL BUILDING & CONDO MAINTENANCE, INC.EIN 13-4037725Plan #001PY 2016

21 ENGLEWOOD AVENUE, SUITE B - STATEN ISLAND, NY 10309718-966-2889

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$383K

No prior year

Total participants

No prior year

Average account balance

$191,712

No prior year

Annual return

6.85%

No prior year

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

$1.28M

Not enough data

1 years with asset history on file

Average account balance

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

$642K

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

$71K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$36K

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

+16.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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 codes2E2G2J3D2T

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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

$191,712

$215,361-11.0%

$171,082+12.1%

$273,972-30.0%

Participation rate

66.7%

82.0%-15.4pp

76.7%-10.0pp

83.0%-16.3pp

Annual return

6.85%

25.14%-18.3pp

32.56%-25.7pp

41.46%-34.6pp

Employer contribution / active EE

$2,153

$4,967-56.6%

$4,002-46.2%

$4,869-55.8%

Participant deferral / active EE

$16,000

$5,543+188.6%

$4,797+233.5%

$5,287+202.6%

Admin fee / account holder

$10,846-100.0%

$8,520-100.0%

$10,133-100.0%

TOTAL BUILDING & CONDO MAINTENANCE, INC. 401 K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TOTAL BUILDING & CONDO MAINTENANCE, INC. 401 K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion