Retirement plan

310 WEST 52ND STREET CONDOMINIUM 401(K) PLAN

Name: 310 WEST 52ND STREET CONDOMINIUM - 310 WEST 52ND STREET CONDOMINIUM 401(K) PLAN (2022) Form 5500
Creator: 310 WEST 52ND STREET CONDOMINIUM
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 310 WEST 52ND STREET CONDOMINIUM 401(K) PLAN, 310 WEST 52ND STREET CONDOMINIUM

310 WEST 52ND STREET CONDOMINIUMEIN 33-1155441Plan #001PY 2022

333 7TH AVENUE, 5TH FLOOR - NEW YORK CITY, NY 10001212-877-8500

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$601K

+16.2% from 2021

Total participants

+15.8% from 2021

Average account balance

$30,058

+10.4% from 2021

Annual return

7.41%

-5.75 pp from 2021

Benchmarks

See 18,475 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort18,475 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$890K

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$78K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+9.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1734

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 codes2E2F2G2J3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$14K

$1115 / participant

Other / not subdivided$14K100.0%

% of EOY assets

2.410%

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

$30,058

$190,916-84.3%

$160,037-81.2%

$134,545-77.7%

Participation rate

84.6%

82.0%+2.6pp

78.0%+6.6pp

81.2%+3.4pp

Annual return

7.41%

552.79%-545.4pp

408.95%-401.5pp

418.37%-411.0pp

Employer contribution / active EE

$1,827

$4,996-63.4%

$4,226-56.8%

$4,742-61.5%

Participant deferral / active EE

$2,085

$6,925-69.9%

$6,184-66.3%

$6,401-67.4%

Admin fee / account holder

$724

$10,497-93.1%

$8,716-91.7%

$11,431-93.7%

310 WEST 52ND STREET CONDOMINIUM 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

310 WEST 52ND STREET CONDOMINIUM 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