Retirement plan

SEABREEZE RETIREMENT SAVINGS PLAN

Name: SEABREEZE MANAGEMENT COMPANY, INC. - SEABREEZE RETIREMENT SAVINGS PLAN (2020) 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 2020

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$4.7M

+8.7% from 2019

Total participants

415

-3.7% from 2019

Average account balance

$30,100

+10.1% from 2019

Annual return

14.06%

-6.63 pp from 2019

Benchmarks

See 615 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort615 peers

Snapshot2020

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
JOHN HANCOCK LIFE INSURANCE COMPANY2 years Service code 15 · EIN 01-0233346	Recordkeeping	$24,534
BURNHAM GIBSON WEALTH ADVISORS, INC2 years Filed as: BURNHAM GIBSON WEALTH ADVISORS Service code 26 · EIN 47-5476782	Advisory (Participants)	$14,695

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$44K

$115 / participant

Investment mgmt$15K33.5%
Contract admin$29K66.5%

% of EOY assets

0.942%

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

$30,100

$56,152-46.4%

$185,827-83.8%

$73,412-59.0%

Participation rate

32.1%

67.6%-35.4pp

78.0%-45.9pp

72.2%-40.1pp

Annual return

14.06%

17.59%-3.5pp

35.96%-21.9pp

59.30%-45.2pp

Employer contribution / active EE

$635

$1,532-58.6%

$4,087-84.5%

$2,234-71.6%

Participant deferral / active EE

$1,555

$3,659-57.5%

$5,633-72.4%

$3,806-59.1%

Admin fee / account holder

$283

$132+114.6%

$9,502-97.0%

$158+79.5%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY2 years

Service code 15 · EIN 01-0233346

Recordkeeping

$24,534

BURNHAM GIBSON WEALTH ADVISORS, INC2 years

Filed as: BURNHAM GIBSON WEALTH ADVISORS

Service code 26 · EIN 47-5476782

Advisory (Participants)

$14,695

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