Retirement plan

CAPITAL CITIES LEASING 401(K) PLAN

Name: CAPITAL CITIES LEASING, INC. - CAPITAL CITIES LEASING 401(K) PLAN (2020) Form 5500
Creator: CAPITAL CITIES LEASING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAPITAL CITIES LEASING 401(K) PLAN, CAPITAL CITIES LEASING, INC.

CAPITAL CITIES LEASING, INC.EIN 14-1504271Plan #001PY 2020

34 GRANGE ROAD, PO BOX 8 - WEST SAND LAKE, NY 12196518-674-2893LinkedIn1-10 employeesconstruction

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$14.2M

+10.1% from 2019

Total participants

237

+5.3% from 2019

Average account balance

$76,603

+1.2% from 2019

Annual return

11.88%

-10.75 pp from 2019

Benchmarks

See 1,006 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort1,006 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.67M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

214

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.

76.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.88M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$82

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 10 of 14 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.4 years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$48,408
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY WEALTH MGMT Service code 27 · EIN 26-4310632	Advisory (Plan)	$30,325
STRATEGIC PENSION SERVICES, LLC4 years Service code 13 · EIN 14-1836262	Contract Administrator	$7,500
AMERICAN FUNDS3 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
BLACKROCK3 years Service code 52 · EIN 22-2937779	Indirect Investment Fees	$0
RAYMOND JAMES FINANCIAL SERVICES3 years Filed as: CARILLON FUNDS Service code 52 · EIN 59-2385219	Indirect Investment Fees	$0
COLUMBIA3 years Service code 52 · EIN 93-0577450	Indirect Investment Fees	$0
DELAWARE INVESTMENTS3 years Service code 52 · EIN 23-2869117	Indirect Investment Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL3 years Filed as: FIDELITY INVESTMENTS Service code 52 · EIN 04-6056833	Indirect Investment Fees	$0
INVESCO2 years Service code 52 · EIN 13-2649093	Indirect Investment Fees	$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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$48K

$246 / participant

Other / not subdivided$48K100.0%

% of EOY assets

0.340%

all-in expense ratio

Categories reported

0 / 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: MARVIN AND COMPANY, P.C.
Auditor EIN: 141567343
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$76,603

$62,132+23.3%

$185,861-58.8%

$73,497+4.2%

Participation rate

74.1%

67.8%+6.3pp

78.0%-3.9pp

70.7%+3.4pp

Annual return

11.88%

20.44%-8.6pp

35.96%-24.1pp

28.51%-16.6pp

Employer contribution / active EE

$1,863

$1,681+10.8%

$4,088-54.4%

$2,270-17.9%

Participant deferral / active EE

$4,238

$3,711+14.2%

$5,634-24.8%

$3,740+13.3%

Admin fee / account holder

$260

$419-37.8%

$9,503-97.3%

$513-49.3%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.4 years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$48,408

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY WEALTH MGMT

Service code 27 · EIN 26-4310632

Advisory (Plan)

$30,325

STRATEGIC PENSION SERVICES, LLC4 years

Service code 13 · EIN 14-1836262

Contract Administrator

$7,500

AMERICAN FUNDS3 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

BLACKROCK3 years

Service code 52 · EIN 22-2937779

Indirect Investment Fees

RAYMOND JAMES FINANCIAL SERVICES3 years

Filed as: CARILLON FUNDS

Service code 52 · EIN 59-2385219

Indirect Investment Fees

COLUMBIA3 years

Service code 52 · EIN 93-0577450

Indirect Investment Fees

DELAWARE INVESTMENTS3 years

Service code 52 · EIN 23-2869117

Indirect Investment Fees

FIDELITY INVESTMENTS INSTITUTIONAL3 years

Filed as: FIDELITY INVESTMENTS

Service code 52 · EIN 04-6056833

Indirect Investment Fees

INVESCO2 years

Service code 52 · EIN 13-2649093

Indirect Investment Fees

CAPITAL CITIES LEASING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAPITAL CITIES LEASING 401(K) 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