Retirement plan

MOUNTAIN RIDGE COUNTRY CLUB EMPLOYEES 401(K) PLAN

Name: MOUNTAIN RIDGE COUNTRY CLUB - MOUNTAIN RIDGE COUNTRY CLUB EMPLOYEES 401(K) PLAN (2021) Form 5500
Creator: MOUNTAIN RIDGE COUNTRY CLUB
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOUNTAIN RIDGE COUNTRY CLUB EMPLOYEES 401(K) PLAN, MOUNTAIN RIDGE COUNTRY CLUB

MOUNTAIN RIDGE COUNTRY CLUBEIN 22-1131110Plan #002PY 2021

713 PASSAIC AVE - WEST CALDWELL, NJ 070066409973-575-8200LinkedIn51-200 employeescosmetics

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.5M

+29.7% from 2020

Total participants

+17.9% from 2020

Average account balance

$24,956

+21.2% from 2020

Annual return

15.88%

-9.89 pp from 2020

Benchmarks

See 2,715 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort2,715 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.36M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

110.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$256K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1101

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 codes2E2F2G2J2T3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$20K

$284 / participant

Other / not subdivided$20K100.0%

% of EOY assets

1.342%

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

$24,956

$58,714-57.5%

$142,874-82.5%

$85,856-70.9%

Participation rate

75.0%

58.5%+16.5pp

72.0%+3.0pp

69.3%+5.7pp

Annual return

15.88%

27.73%-11.8pp

5638.58%-5622.7pp

318.58%-302.7pp

Employer contribution / active EE

$1,323

$1,423-7.1%

$4,145-68.1%

$2,565-48.4%

Participant deferral / active EE

$1,207

$2,608-53.7%

$3,838-68.5%

$3,952-69.4%

Admin fee / account holder

$335

$4,241-92.1%

$6,561-94.9%

$6,261-94.7%

MOUNTAIN RIDGE COUNTRY CLUB EMPLOYEES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOUNTAIN RIDGE COUNTRY CLUB EMPLOYEES 401(K) 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