Retirement plan

SEABREEZE RETIREMENT SAVINGS PLAN

Name: SEABREEZE MANAGEMENT COMPANY, INC. - SEABREEZE RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: SEABREEZE MANAGEMENT COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEABREEZE RETIREMENT SAVINGS PLAN, SEABREEZE MANAGEMENT COMPANY, INC.

SEABREEZE MANAGEMENT COMPANY, INC.EIN 33-0467088Plan #001PY 2017

26840 ALISO VIEJO PARKWAY, SUITE 100 - ALISO VIEJO, CA 92656949-855-1800myseabreezemgmt.comLinkedIn51-200 employees

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$3.8M

+18.0% from 2016

Total participants

315

+15.4% from 2016

Average account balance

$32,455

+9.0% from 2016

Annual return

20.12%

+2.28 pp from 2016

Benchmarks

See 565 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort565 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.75M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

287

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.

30.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.51M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$277

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
LPL FINANCIAL2 years Filed as: LPL FINANCIAL, LLC Service code 26 · EIN 04-3046611	Advisory (Participants)	$10,551
CROSSPLANS2 years Service code 13 · EIN 20-4536537	Contract Administrator	$1,402

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$15K

$52 / participant

Investment mgmt$11K69.0%
Contract admin$5K31.0%

% of EOY assets

0.400%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WERTZ & COMPANY, LLP
Auditor EIN: 020639624
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,455

$46,966-30.9%

$185,117-82.5%

$69,631-53.4%

Participation rate

32.5%

65.3%-32.7pp

77.3%-44.7pp

70.7%-38.2pp

Annual return

20.12%

22.36%-2.2pp

40.50%-20.4pp

27571.02%-27550.9pp

Employer contribution / active EE

$506

$1,360-62.8%

$4,182-87.9%

$2,032-75.1%

Participant deferral / active EE

$969

$3,017-67.9%

$5,045-80.8%

$3,224-69.9%

Admin fee / account holder

$130

$94+38.2%

$8,159-98.4%

$110+17.4%

Provider

Service type

Compensation

LPL FINANCIAL2 years

Filed as: LPL FINANCIAL, LLC

Service code 26 · EIN 04-3046611

Advisory (Participants)

$10,551

CROSSPLANS2 years

Service code 13 · EIN 20-4536537

Contract Administrator

$1,402

SEABREEZE RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SEABREEZE RETIREMENT SAVINGS 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