Retirement plan

LITTLE ST. SIMONS ISLAND, LLC 401(K) PROFIT SHARING PLAN

Name: LITTLE ST. SIMONS ISLAND, LLC - LITTLE ST. SIMONS ISLAND, LLC 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: LITTLE ST. SIMONS ISLAND, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LITTLE ST. SIMONS ISLAND, LLC 401(K) PROFIT SHARING PLAN, LITTLE ST. SIMONS ISLAND, LLC

LITTLE ST. SIMONS ISLAND, LLCEIN 20-1954023Plan #001PY 2023

1000 HAMPTON RIVER CLUB MARINA DRIV - SAINT SIMONS ISLAND, GA 31522912-638-7472LinkedIn11-50 employeeshospitality

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$1.2M

+28.2% from 2022

Total participants

+9.8% from 2022

Average account balance

$35,066

+24.4% from 2022

Annual return

22.10%

+43.50 pp from 2022

Benchmarks

See 5,448 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,448 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.70M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

131.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$68K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+20.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3181

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 codes2E2F2J2T3B3D3H

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).
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$6K

$230 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.482%

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

$35,066

$79,955-56.1%

$98,461-64.4%

$75,173-53.4%

Participation rate

56.0%

70.4%-14.4pp

75.2%-19.2pp

67.2%-11.2pp

Annual return

22.10%

19.75%+2.3pp

21.17%+0.9pp

160.72%-138.6pp

Employer contribution / active EE

$989

$2,264-56.3%

$3,049-67.5%

$2,671-63.0%

Participant deferral / active EE

$1,496

$3,752-60.1%

$4,738-68.4%

$4,126-63.8%

Admin fee / account holder

$169

$6,841-97.5%

$8,961-98.1%

$5,651-97.0%

LITTLE ST. SIMONS ISLAND, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LITTLE ST. SIMONS ISLAND, LLC 401(K) PROFIT SHARING 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