Retirement plan

PHILADELPHIA ASSET PROPERTY MGMT CO. 401K PLAN

Name: PHILADELPHIA ASSET PROPERTY MGMT CO. - PHILADELPHIA ASSET PROPERTY MGMT CO. 401K PLAN (2022) Form 5500
Creator: PHILADELPHIA ASSET PROPERTY MGMT CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PHILADELPHIA ASSET PROPERTY MGMT CO. 401K PLAN, PHILADELPHIA ASSET PROPERTY MGMT CO.

PHILADELPHIA ASSET PROPERTY MGMT CO.EIN 20-1446699Plan #001PY 2022

2013 RIDGE AVENUE, 3RD FLOOR - PHILADELPHIA, PA 191214113215-684-3586LinkedIn1-10 employeescivic & social organization

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$1.6M

-0.4% from 2021

Total participants

+3.1% from 2021

Average account balance

$70,966

-9.0% from 2021

Annual return

-10.48%

-23.80 pp from 2021

Benchmarks

See 3,973 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort3,973 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.65M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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

$109K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+9.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$28570

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 codes2E2F2G2J2T3D3H

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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$6K

$225 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.359%

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

$70,966

$69,012+2.8%

$160,037-55.7%

$68,490+3.6%

Participation rate

61.5%

65.4%-3.9pp

78.0%-16.4pp

67.9%-6.4pp

Annual return

-10.48%

-9.65%-0.8pp

408.95%-419.4pp

-7.85%-2.6pp

Employer contribution / active EE

$2,570

$2,212+16.2%

$4,226-39.2%

$2,597-1.0%

Participant deferral / active EE

$3,803

$4,212-9.7%

$6,184-38.5%

$4,028-5.6%

Admin fee / account holder

$254

$4,798-94.7%

$8,716-97.1%

$5,403-95.3%

PHILADELPHIA ASSET PROPERTY MGMT CO. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PHILADELPHIA ASSET PROPERTY MGMT CO. 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