Retirement plan

SARES-REGIS GROUP 401(K) RETIREMENT PLAN

Name: SARES-REGIS OPERATING COMPANY, L.P. - SARES-REGIS GROUP 401(K) RETIREMENT PLAN (2018) Form 5500
Creator: SARES-REGIS OPERATING COMPANY, L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SARES-REGIS GROUP 401(K) RETIREMENT PLAN, SARES-REGIS OPERATING COMPANY, L.P.

SARES-REGIS OPERATING COMPANY, L.P.EIN 33-0550001Plan #001PY 2018

3501 JAMBOREE ROAD, SUITE 3000, NORTH TOWER - NEWPORT BEACH, CA 92660949-809-2431LinkedIn501-1000 employeesreal estate

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$41.4M

-4.9% from 2017

Total participants

886

+0.3% from 2017

Average account balance

$48,531

-5.0% from 2017

Annual return

-5.01%

-21.93 pp from 2017

Benchmarks

See 592 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort592 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$91.53M

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

1,322

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.

95.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.26M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+14.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$151

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
NFP RETIREMENT INC4+ years Filed as: NFP RETIREMENT SERVICES Service code 27 · EIN 33-0905143	Advisory (Plan)	$45,000
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290	Contract Administrator	$31,673
MOSS ADAMS LLP1 year Service code 10 · EIN 91-0189318	Accounting	$17,500
PENSION ASSURANCE LLP4+ years Filed as: PENSION BENEFITS UNLIMITED, INC. Service code 13 · EIN 33-0499726	Contract Administrator	$14,958

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$45K

$65 / participant

Contract admin$33K72.7%
Other / not subdivided$12K27.3%

% of EOY assets

0.108%

all-in expense ratio

Categories reported

1 / 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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,531

$42,810+13.4%

$169,452-71.4%

$55,725-12.9%

Participation rate

95.2%

64.7%+30.5pp

77.8%+17.5pp

70.9%+24.4pp

Annual return

-5.01%

-3.61%-1.4pp

1.83%-6.8pp

244.93%-249.9pp

Employer contribution / active EE

$898

$1,402-36.0%

$4,157-78.4%

$2,078-56.8%

Participant deferral / active EE

$5,535

$3,141+76.2%

$5,277+4.9%

$3,356+64.9%

Admin fee / account holder

$53

$106-50.6%

$9,110-99.4%

$115-54.3%

Provider

Service type

Compensation

NFP RETIREMENT INC4+ years

Filed as: NFP RETIREMENT SERVICES

Service code 27 · EIN 33-0905143

Advisory (Plan)

$45,000

PRINCIPAL LIFE INSURANCE COMPANY4+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$31,673

MOSS ADAMS LLP1 year

Service code 10 · EIN 91-0189318

Accounting

$17,500

PENSION ASSURANCE LLP4+ years

Filed as: PENSION BENEFITS UNLIMITED, INC.

Service code 13 · EIN 33-0499726

Contract Administrator

$14,958

SARES-REGIS GROUP 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SARES-REGIS GROUP 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