Retirement plan

ROSENBLUM DEVELOPMENT CORP. 401(K) PLAN

Name: ROSENBLUM DEVELOPMENT CORP. - ROSENBLUM DEVELOPMENT CORP. 401(K) PLAN (2024) Form 5500
Creator: ROSENBLUM DEVELOPMENT CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROSENBLUM DEVELOPMENT CORP. 401(K) PLAN, ROSENBLUM DEVELOPMENT CORP.

ROSENBLUM DEVELOPMENT CORP.EIN 14-1613918Plan #001PY 2024

300 GREAT OAKS BLVD, SUITE 310 - ALBANY, NY 12203518-869-9302

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.6M

+43.8% from 2023

Total participants

-2.3% from 2023

Average account balance

$40,509

+43.8% from 2023

Annual return

22.51%

-5.87 pp from 2023

Benchmarks

See 4,151 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort4,151 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.62M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

117.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$371K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+22.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3579

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

$143K

$4210 / participant

Other / not subdivided$143K100.0%

% of EOY assets

8.834%

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

$40,509

$77,962-48.0%

$178,540-77.3%

$80,935-49.9%

Participation rate

91.2%

65.7%+25.5pp

77.1%+14.1pp

67.7%+23.5pp

Annual return

22.51%

18.10%+4.4pp

27.15%-4.6pp

35.66%-13.1pp

Employer contribution / active EE

$3,477

$2,280+52.5%

$3,953-12.1%

$2,757+26.1%

Participant deferral / active EE

$7,431

$4,404+68.7%

$6,281+18.3%

$4,299+72.8%

Admin fee / account holder

$3,579

$7,156-50.0%

$10,424-65.7%

$6,924-48.3%

ROSENBLUM DEVELOPMENT CORP. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROSENBLUM DEVELOPMENT CORP. 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