Retirement plan

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

Name: GREEN BRICK PARTNERS, INC. - GREEN BRICK PARTNERS, INC. 401(K) SAVINGS PLAN (2022) 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 2022

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)

$17.2M

+3.6% from 2021

Total participants

570

+3.6% from 2021

Average account balance

$30,838

-0.3% from 2021

Annual return

-14.63%

-28.89 pp from 2021

Benchmarks

See 1,529 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,529 peers

Snapshot2022

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 3 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$29,468
DEFINITI LLC2 years Service code 13 2201 TIMBERLOCH PLACE · THE WOODLANDS, TX 77380	Contract Administrator	$10,458
VPAG LLC DBA VISIONPOINT ADVISORY G2 years Filed as: VPAG LLC DBA VISIONPOINT ADV GROUP Service code 27 17250 DALLAS PARKWAY · DALLAS, TX 75248	Advisory (Plan)	$7,480

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

$47K

$105 / participant

Contract admin$47K100.0%

% of EOY assets

0.275%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,838

$86,897-64.5%

$151,628-79.7%

$64,814-52.4%

Participation rate

97.6%

87.3%+10.3pp

87.5%+10.1pp

71.5%+26.1pp

Annual return

-14.63%

-3.57%-11.1pp

3.34%-18.0pp

32.84%-47.5pp

Employer contribution / active EE

$2,602

$4,010-35.1%

$6,165-57.8%

$2,507+3.8%

Participant deferral / active EE

$7,880

$6,690+17.8%

$8,363-5.8%

$4,310+82.8%

Admin fee / account holder

$85

$153-44.6%

$11,613-99.3%

$188-54.8%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INS CO OF AMERICA

Service code 64

8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$29,468

DEFINITI LLC2 years

Service code 13

2201 TIMBERLOCH PLACE · THE WOODLANDS, TX 77380

Contract Administrator

$10,458

VPAG LLC DBA VISIONPOINT ADVISORY G2 years

Filed as: VPAG LLC DBA VISIONPOINT ADV GROUP

Service code 27

17250 DALLAS PARKWAY · DALLAS, TX 75248

Advisory (Plan)

$7,480

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