Retirement plan

GREEN BRICK PARTNERS, INC. 401(K) SAVINGS PLAN

Name: GREEN BRICK PARTNERS, INC. - GREEN BRICK PARTNERS, INC. 401(K) SAVINGS PLAN (2020) Form 5500
Creator: GREEN BRICK PARTNERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREEN BRICK PARTNERS, INC. 401(K) SAVINGS PLAN, GREEN BRICK PARTNERS, INC.

GREEN BRICK PARTNERS, INC.EIN 20-5952523Plan #001PY 2020

2805 N. DALLAS PARKWAY, SUITE 400 - PLANO, TX 75093469-573-6765greenbrickpartners.comLinkedIn501-1000 employeesreal estate

Prospect flagsLow assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$13.2M

+31.1% from 2019

Total participants

595

+14.6% from 2019

Average account balance

$23,073

+12.9% from 2019

Annual return

18.47%

-11.47 pp from 2019

Benchmarks

See 1,455 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,455 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$32.92M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

634

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.

98.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.90M

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

+21.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$124

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 4 by compensation

Provider	Service type	Compensation
VISIONPOINT ADVISORY GROUP2 years Filed as: VISIONPOINT ADVISORY GROUP LLC Service code 27 · EIN 46-3329350	Advisory (Plan)	$7,500
AMERICA'S 401K, INC.5 years Filed as: AMERICA'S 401(K), INC. Service code 13 · EIN 75-2261114 8131 LBJ FREEWAY, SUITE 770 · DALLAS, TX 75251	Contract Administrator	$3,180
MASSACHUSETTS MUTUAL LIFE INS. CO.4 years Filed as: MASS MUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 P.O BOX 1583 · HARTFORD, CT 061441583	Recordkeeping	$2,840
ROBERT HALF1 year Filed as: GROUP RHI - RETIREMENT HORIZONS INC Service code 13 · EIN 47-4066865	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2J2K2S2T3D3H

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.
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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$14K

$38 / participant

Contract admin$14K100.0%

% of EOY assets

0.103%

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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,073

$111,608-79.3%

$177,840-87.0%

$73,412-68.6%

Participation rate

93.2%

87.9%+5.3pp

87.7%+5.5pp

72.2%+21.0pp

Annual return

18.47%

18.23%+0.2pp

48.32%-29.9pp

59.30%-40.8pp

Employer contribution / active EE

$1,913

$3,796-49.6%

$5,919-67.7%

$2,234-14.4%

Participant deferral / active EE

$6,053

$6,199-2.4%

$7,714-21.5%

$3,806+59.1%

Admin fee / account holder

$24

$166-85.7%

$12,431-99.8%

$158-85.0%

Provider

Service type

Compensation

VISIONPOINT ADVISORY GROUP2 years

Filed as: VISIONPOINT ADVISORY GROUP LLC

Service code 27 · EIN 46-3329350

Advisory (Plan)

$7,500

AMERICA'S 401K, INC.5 years

Filed as: AMERICA'S 401(K), INC.

Service code 13 · EIN 75-2261114

8131 LBJ FREEWAY, SUITE 770 · DALLAS, TX 75251

Contract Administrator

$3,180

MASSACHUSETTS MUTUAL LIFE INS. CO.4 years

Filed as: MASS MUTUAL LIFE INSURANCE CO.

Service code 15 · EIN 04-1590850

P.O BOX 1583 · HARTFORD, CT 061441583

Recordkeeping

$2,840

ROBERT HALF1 year

Filed as: GROUP RHI - RETIREMENT HORIZONS INC

Service code 13 · EIN 47-4066865

Contract Administrator

GREEN BRICK PARTNERS, INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREEN BRICK PARTNERS, INC. 401(K) 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