Retirement plan

CASTLELAKE, LP RETIREMENT SAVINGS PLAN

Name: CASTLELAKE, LP - CASTLELAKE, LP RETIREMENT SAVINGS PLAN (2020) Form 5500
Creator: CASTLELAKE, LP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CASTLELAKE, LP RETIREMENT SAVINGS PLAN, CASTLELAKE, LP

CASTLELAKE, LPEIN 20-3323857Plan #002PY 2020

90 SOUTH 7TH STREET - MINNEAPOLIS, MN 55402612-851-3000castlelake.comLinkedIn201-500 employeesfinancial services

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$29M

+29.4% from 2019

Total participants

176

+8.0% from 2019

Average account balance

$174,464

+17.7% from 2019

Annual return

18.72%

-8.20 pp from 2019

Benchmarks

See 2,211 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,211 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$43.93M

Not enough data

1 years with asset history on file

Average account balance

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

$220K

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.

200

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.

90.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.07M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+16.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 1 by compensation

Provider	Service type	Compensation
MINNESOTA LIFE INSURANCE COMPANY2 years Service code 13 · EIN 41-0417830	Contract Administrator	$17,447

Plan features & details

Pension benefit codes2E2F2G2J2T3B3D3H

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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$17K

$120 / participant

Contract admin$17K100.0%

% of EOY assets

0.060%

all-in expense ratio

Categories reported

1 / 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: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$174,464

$136,307+28.0%

$177,848-1.9%

$73,497+137.4%

Participation rate

93.1%

86.1%+7.0pp

87.7%+5.4pp

70.7%+22.4pp

Annual return

18.72%

18.68%0pp

48.33%-29.6pp

28.51%-9.8pp

Employer contribution / active EE

$8,421

$3,712+126.9%

$5,919+42.3%

$2,270+271.0%

Participant deferral / active EE

$14,212

$5,829+143.8%

$7,714+84.2%

$3,740+280.0%

Admin fee / account holder

$105

$596-82.3%

$12,431-99.2%

$513-79.5%

Provider

Service type

Compensation

MINNESOTA LIFE INSURANCE COMPANY2 years

Service code 13 · EIN 41-0417830

Contract Administrator

$17,447

CASTLELAKE, LP RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CASTLELAKE, LP 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