Retirement plan

BERKSHIRE HATHAWAY HOME SERVICES PARKS & WEISBURG RETIREMENT PLAN

Name: BERKSHIRE HATHAWAY HOME SERVICES PARKS & WEISBURG REALTORS - BERKSHIRE HATHAWAY HOME SERVICES PARKS & WEISBURG RETIREMENT PLAN (2017) Form 5500
Creator: BERKSHIRE HATHAWAY HOME SERVICES PARKS & WEISBURG REALTORS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BERKSHIRE HATHAWAY HOME SERVICES PARKS & WEISBURG RETIREMENT PLAN, BERKSHIRE HATHAWAY HOME SERVICES PARKS & WEISBURG REALTORS

BERKSHIRE HATHAWAY HOME SERVICES PARKS & WEISBURG REALTORSEIN 26-2241268Plan #001PY 2017

295 NORTH HUBBARDS LANE, SUITE 102 - LOUISVILLE, KY 40207502-458-1988

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.3M

+48.0% from 2016

Total participants

+4.0% from 2016

Average account balance

$50,934

+12.5% from 2016

Annual return

20.88%

+14.34 pp from 2016

Benchmarks

See 14,494 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort14,494 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.50M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$138K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4849

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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$4K

$227 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.339%

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

$50,934

$232,540-78.1%

$185,117-72.5%

$147,586-65.5%

Participation rate

94.7%

82.4%+12.4pp

77.3%+17.5pp

82.8%+11.9pp

Annual return

20.88%

43.03%-22.2pp

40.50%-19.6pp

578.59%-557.7pp

Employer contribution / active EE

$2,121

$5,195-59.2%

$4,182-49.3%

$4,876-56.5%

Participant deferral / active EE

$6,737

$5,834+15.5%

$5,045+33.5%

$5,439+23.9%

Admin fee / account holder

$173

$10,275-98.3%

$8,159-97.9%

$10,886-98.4%

BERKSHIRE HATHAWAY HOME SERVICES PARKS & WEISBURG RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BERKSHIRE HATHAWAY HOME SERVICES PARKS & WEISBURG RETIREMENT 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