Retirement plan

MOUNT AIRY #1, LLC RETIREMENT SAVINGS PLAN

Name: MOUNT AIRY #1, LLC - MOUNT AIRY #1, LLC RETIREMENT SAVINGS PLAN (2020) Form 5500
Creator: MOUNT AIRY #1, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOUNT AIRY #1, LLC RETIREMENT SAVINGS PLAN, MOUNT AIRY #1, LLC

MOUNT AIRY #1, LLCEIN 20-1454362Plan #001PY 2020

312 WOODLAND ROAD - MT. POCONO, PA 18344570-243-5141LinkedIn1-10 employeesreal estate

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$11.8M

+11.8% from 2019

Total participants

1,307

-3.1% from 2019

Average account balance

$9,797

+13.6% from 2019

Annual return

12.98%

-9.06 pp from 2019

Benchmarks

See 374 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants250-999

Cohort374 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.02M

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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.

971

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.

94.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.27M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$141

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 3 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.6+ years Service code 15 · EIN 23-1945930	Recordkeeping	$115,520
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY GLOBAL Service code 13 1300 THAMES STREET WHARF · BALTIMORE, MD 21231	Contract Administrator	$30,524
KRONICK KALADA BERDY & CO., P.C.1 year Filed as: KRONICK, KALADA BERDY AND CO Service code 10 190 LATHROP ST · KINGSTON, PA 18704	Accounting	$10,600

Plan features & details

Pension benefit codes2S2E3D2G2J2K2F2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$157K

$166 / participant

Investment mgmt$31K19.5%
Contract admin$116K73.7%
Other / not subdivided$11K6.8%

% of EOY assets

1.325%

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: KRONICK, KALADA, BERDY & CO
Auditor EIN: 232667890
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$9,797

$54,121-81.9%

$134,162-92.7%

$73,412-86.7%

Participation rate

89.4%

64.4%+25.0pp

72.2%+17.2pp

Annual return

12.98%

-312.52%+325.5pp

36.35%-23.4pp

59.30%-46.3pp

Employer contribution / active EE

$247

$1,402-82.4%

$3,705-93.3%

$2,234-88.9%

Participant deferral / active EE

$1,281

$2,844-55.0%

$3,500-63.4%

$3,806-66.3%

Admin fee / account holder

$130

$132-1.9%

$6,685-98.1%

$158-17.8%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.6+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$115,520

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY GLOBAL

Service code 13

1300 THAMES STREET WHARF · BALTIMORE, MD 21231

Contract Administrator

$30,524

KRONICK KALADA BERDY & CO., P.C.1 year

Filed as: KRONICK, KALADA BERDY AND CO

Service code 10

190 LATHROP ST · KINGSTON, PA 18704

Accounting

$10,600

MOUNT AIRY #1, LLC RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOUNT AIRY #1, LLC RETIREMENT SAVINGS 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