Retirement plan

NAREIT 401(K) RETIREMENT PLAN

Name: NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT TRUSTS, INC - NAREIT 401(K) RETIREMENT PLAN (2022) Form 5500
Creator: NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT TRUSTS, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NAREIT 401(K) RETIREMENT PLAN, NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT TRUSTS, INC

NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT TRUSTS, INCEIN 27-3586050Plan #001PY 2022

1875 I STREET NW, SUITE 500 - WASHINGTON, DC 20006202-739-9441LinkedIn51-200 employeescivic & social organization

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$16M

-18.6% from 2021

Total participants

-1.7% from 2021

Average account balance

$281,102

-15.7% from 2021

Annual return

-16.06%

-32.41 pp from 2021

Benchmarks

See 9,364 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,364 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.92M

Not enough data

1 years with asset history on file

Average account balance

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

$370K

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.

134.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$33K

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

+12.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16784

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 codes2E2F2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.9M

$47372 / participant

Other / not subdivided$2M100.0%

% of EOY assets

11.826%

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

$281,102

$54,357+417.1%

$82,706+239.9%

$68,495+310.4%

Participation rate

97.5%

63.9%+33.6pp

72.6%+24.9pp

67.9%+29.6pp

Annual return

-16.06%

-13.67%-2.4pp

701.76%-717.8pp

-7.84%-8.2pp

Employer contribution / active EE

$15,343

$2,218+591.6%

$3,007+410.2%

$2,596+490.9%

Participant deferral / active EE

$17,853

$3,246+449.9%

$4,394+306.3%

$4,028+343.3%

Admin fee / account holder

$33,243

$4,396+656.2%

$5,329+523.9%

$5,403+515.2%

NAREIT 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NAREIT 401(K) 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