Retirement plan

SECURITY PROPERTIES RESIDENTIAL, LLC 401(K) PLAN 401(K) PLAN

Name: SECURITY PROPERTIES RESIDENTIAL LLC - SECURITY PROPERTIES RESIDENTIAL, LLC 401(K) PLAN 401(K) PLAN (2020) Form 5500
Creator: SECURITY PROPERTIES RESIDENTIAL LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SECURITY PROPERTIES RESIDENTIAL, LLC 401(K) PLAN 401(K) PLAN, SECURITY PROPERTIES RESIDENTIAL LLC

SECURITY PROPERTIES RESIDENTIAL LLCEIN 27-3854827Plan #002PY 2020

701 FIFTH AVENUE, STE 5700, SUITE 5700 - SEATTLE, WA 98104206-628-8001secpropres.comLinkedIn501-1000 employeesreal estate

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$6.6M

+59.2% from 2019

Total participants

766

0.0% from 2019

Average account balance

$10,057

+73.6% from 2019

Annual return

21.75%

+21.75 pp from 2019

Benchmarks

See 615 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort615 peers

Snapshot2020

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$15.24M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

685

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.

92.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.42M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$157

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

See the 6-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 2 by compensation

Provider	Service type	Compensation
UNITED 401(K) PLANS, INC.2+ years Service code 14 · EIN 20-5321813	Plan Administrator	$44,005
GLOBAL RETIREMENT PARTNERS LLC2+ years Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 27 · EIN 47-1411118	Advisory (Plan)	$12,942

Plan features & details

Pension benefit codes2F2G2J2K2S2T3H2E

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.
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.
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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$73K

$116 / participant

Investment mgmt$13K17.7%
Contract admin$60K82.3%

% of EOY assets

1.110%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

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

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,057

$56,152-82.1%

$185,823-94.6%

$73,409-86.3%

Participation rate

82.4%

67.6%+14.8pp

78.0%+4.4pp

72.2%+10.2pp

Annual return

21.75%

17.59%+4.2pp

35.95%-14.2pp

59.29%-37.5pp

Employer contribution / active EE

$1,123

$1,532-26.7%

$4,087-72.5%

$2,234-49.7%

Participant deferral / active EE

$2,180

$3,659-40.4%

$5,632-61.3%

$3,805-42.7%

Admin fee / account holder

$112

$132-15.4%

$9,500-98.8%

$158-29.3%

Provider

Service type

Compensation

UNITED 401(K) PLANS, INC.2+ years

Service code 14 · EIN 20-5321813

Plan Administrator

$44,005

GLOBAL RETIREMENT PARTNERS LLC2+ years

Filed as: GLOBAL RETIREMENT PARTNERS, LLC

Service code 27 · EIN 47-1411118

Advisory (Plan)

$12,942

SECURITY PROPERTIES RESIDENTIAL, LLC 401(K) PLAN 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SECURITY PROPERTIES RESIDENTIAL, LLC 401(K) PLAN 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