Retirement plan

AMERICAN REAL ESTATE PARTNERS 401(K) PROFIT SHARING PLAN AND TRUST

Name: AMERICAN REAL ESTATE PARTNERS MANAGEMENT LLC - AMERICAN REAL ESTATE PARTNERS 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: AMERICAN REAL ESTATE PARTNERS MANAGEMENT LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN REAL ESTATE PARTNERS 401(K) PROFIT SHARING PLAN AND TRUST, AMERICAN REAL ESTATE PARTNERS MANAGEMENT LLC

AMERICAN REAL ESTATE PARTNERS MANAGEMENT LLCEIN 20-0234039Plan #001PY 2024

1660 INTERNATIONAL DRIVE, SUITE 500 - MC LEAN, VA 22102703-435-4800cityviewtysons.comLinkedIn1-10 employees

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.3M

+16.7% from 2023

Total participants

190

+11.8% from 2023

Average account balance

$101,465

+3.6% from 2023

Annual return

15.70%

-3.39 pp from 2023

Benchmarks

See 1,092 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort1,092 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.32M

Not enough data

1 years with asset history on file

Average account balance

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

$101K

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.

151

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.

74.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.99M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+15.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$281

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

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
STADION MONEY MANAGEMENT2 years Service code 26 · EIN 45-1564286	Advisory (Participants)	$18,369
UNITED OF OMAHA1 year Filed as: MUTUAL OF OMAHA INVESTOR SERVICES, Service code 27 3300 MUTUAL OF OMAHA PLAZA · OMAHA, NE 68175	Advisory (Plan)	$15,763
ASCENSUS LLC1 year Service code 15 · EIN 11-3665754	Recordkeeping	$4,737
UNITED OF OMAHA2 years Service code 37 · EIN 47-0322111	Loan Processing	$1,175
UNITED OF OMAHA2 years Filed as: MUTUAL OF OMAHA Service code 49 · EIN 47-0246511	Other Services	$0

Plan features & details

Pension benefit codes2E3D2G2J2K2F2T

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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$42K

$277 / participant

Investment mgmt$37K86.1%
Contract admin$6K13.9%

% of EOY assets

0.277%

all-in expense ratio

Categories reported

2 / 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: CST GROUP, CPAS, PC
Auditor EIN: 541019610
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$101,465

$73,459+38.1%

$178,528-43.2%

$74,429+36.3%

Participation rate

74.5%

66.5%+8.0pp

77.1%-2.6pp

67.2%+7.3pp

Annual return

15.70%

17.50%-1.8pp

27.11%-11.4pp

1368.38%-1352.7pp

Employer contribution / active EE

$4,204

$2,219+89.4%

$3,950+6.4%

$2,625+60.2%

Participant deferral / active EE

$8,811

$4,515+95.2%

$6,278+40.3%

$4,348+102.6%

Admin fee / account holder

$281

$1,812-84.5%

$10,419-97.3%

$1,944-85.6%

Provider

Service type

Compensation

STADION MONEY MANAGEMENT2 years

Service code 26 · EIN 45-1564286

Advisory (Participants)

$18,369

UNITED OF OMAHA1 year

Filed as: MUTUAL OF OMAHA INVESTOR SERVICES,

Service code 27

3300 MUTUAL OF OMAHA PLAZA · OMAHA, NE 68175

Advisory (Plan)

$15,763

ASCENSUS LLC1 year

Service code 15 · EIN 11-3665754

Recordkeeping

$4,737

UNITED OF OMAHA2 years

Service code 37 · EIN 47-0322111

Loan Processing

$1,175

UNITED OF OMAHA2 years

Filed as: MUTUAL OF OMAHA

Service code 49 · EIN 47-0246511

Other Services

AMERICAN REAL ESTATE PARTNERS 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN REAL ESTATE PARTNERS 401(K) PROFIT SHARING PLAN AND TRUST

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