Retirement plan

CORNERSTONE APPRAISAL AND RESTORATION SERVICES, LLC 401(K)

Name: CORNERSTONE APPRAISAL AND RESTOR - CORNERSTONE APPRAISAL AND RESTORATION SERVICES, LLC 401(K) (2022) Form 5500
Creator: CORNERSTONE APPRAISAL AND RESTOR
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORNERSTONE APPRAISAL AND RESTORATION SERVICES, LLC 401(K), CORNERSTONE APPRAISAL AND RESTOR

CORNERSTONE APPRAISAL AND RESTOREIN 22-3281303Plan #001PY 2022

29 EMMONS DRIVE, SUITE G50 - PRINCETON, NJ 08540215-321-0140

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$183K

-18.5% from 2021

Total participants

-9.1% from 2021

Average account balance

$20,355

-18.5% from 2021

Annual return

-22.72%

-30.27 pp from 2021

Benchmarks

See 48,287 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort48,287 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$169K

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+19.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15801

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 codes2E2F2G2J2T3B3D

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$6K

$1205 / participant

Other / not subdivided$6K100.0%

% of EOY assets

3.289%

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

$20,355

$134,001-84.8%

$112,258-81.9%

$134,509-84.9%

Participation rate

80.0%

78.6%+1.4pp

75.1%+4.9pp

81.2%-1.2pp

Annual return

-22.72%

47.15%-69.9pp

27.47%-50.2pp

418.13%-440.9pp

Employer contribution / active EE

$1,480

$4,039-63.4%

$3,636-59.3%

$4,741-68.8%

Participant deferral / active EE

$1,574

$5,291-70.3%

$4,728-66.7%

$6,400-75.4%

Admin fee / account holder

$669

$7,491-91.1%

$6,411-89.6%

$11,427-94.1%

CORNERSTONE APPRAISAL AND RESTORATION SERVICES, LLC 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CORNERSTONE APPRAISAL AND RESTORATION SERVICES, LLC 401(K)

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