Retirement plan

ZAREMBA MANAGEMENT COMPANY 401(K) RETIREMENT SAVINGS PLAN

Name: ZAREMBA MANAGEMENT COMPANY - ZAREMBA MANAGEMENT COMPANY 401(K) RETIREMENT SAVINGS PLAN (2018) Form 5500
Creator: ZAREMBA MANAGEMENT COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZAREMBA MANAGEMENT COMPANY 401(K) RETIREMENT SAVINGS PLAN, ZAREMBA MANAGEMENT COMPANY

ZAREMBA MANAGEMENT COMPANYEIN 34-1561579Plan #001PY 2018

22730 FAIRVIEW CENTER DRIVE, SUITE 200 - FAIRVIEW PARK, OH 44126440-249-5170zarembamanagement.comLinkedIn51-200 employeesreal estate

Prospect flagsLow employer contributionLow fidelity bondFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed January 3, 2025

Plan administrator

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22730 Fairview Center Drive, Suite 200

Fairview Park, OH 44126

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Plans declared (1)

Zaremba Management Co. Supplemental Executive Retirement Plan5 emp

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Total assets (EOY)

$5.1M

+37.0% from 2017

Total participants

269

+26.9% from 2017

Average account balance

$21,962

+15.1% from 2017

Annual return

45.54%

+24.83 pp from 2017

Benchmarks

See 957 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort957 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.83M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

146

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.

58.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$614K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$352

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 7 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER4+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$2,070
VALMARK ADVISERS INC1 year Filed as: VALMARK ADVISERS, INC. Service code 26 · EIN 31-1509466 130 SPRINGSIDE DRIVE · AKRON, OH 44333	Advisory (Participants)	$1,417
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK LIFE INS. COMPANY Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 14201	Recordkeeping	$514
ADP BROKER-DEALER4+ years Service code 49 · EIN 22-3319984	Other Services	$0
ADP BROKER-DEALER1 year Filed as: ADP BROKER-DEALTER Service code 59	Shareholder Servicing	$0
PFS INVESTMENTS1 year Filed as: PFS SECURITIES INC. Service code 99	Other Fees	$0
PFS INVESTMENTS1 year Filed as: PFS SECURITIES, INC. Service code 49 17200 PEARL ROAD, SUITE 200 · CLEVELAND, OH 44136	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
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

4 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$4K

$23 / participant

Investment mgmt$1K35.4%
Contract admin$51412.8%
Other / not subdivided$2K51.7%

% of EOY assets

0.079%

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: GALLOVIC, GRANITO AND CO., LTD.
Auditor EIN: 341723186
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,962

$48,576-54.8%

$169,452-87.0%

$56,287-61.0%

Participation rate

78.3%

65.8%+12.5pp

77.8%+0.5pp

69.9%+8.4pp

Annual return

45.54%

-2.51%+48.1pp

1.83%+43.7pp

-9.96%+55.5pp

Employer contribution / active EE

$331

$1,559-78.8%

$4,157-92.0%

$2,111-84.3%

Participant deferral / active EE

$2,197

$3,275-32.9%

$5,277-58.4%

$3,350-34.4%

Admin fee / account holder

$17

$435-96.0%

$9,110-99.8%

$521-96.7%

Provider

Service type

Compensation

ADP BROKER-DEALER4+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$2,070

VALMARK ADVISERS INC1 year

Filed as: VALMARK ADVISERS, INC.

Service code 26 · EIN 31-1509466

130 SPRINGSIDE DRIVE · AKRON, OH 44333

Advisory (Participants)

$1,417

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK LIFE INS. COMPANY

Service code 15 · EIN 01-0233346

PO BOX 600 · BUFFALO, NY 14201

Recordkeeping

$514

ADP BROKER-DEALER4+ years

Service code 49 · EIN 22-3319984

Other Services

ADP BROKER-DEALER1 year

Filed as: ADP BROKER-DEALTER

Service code 59

Shareholder Servicing

PFS INVESTMENTS1 year

Filed as: PFS SECURITIES INC.

Service code 99

Other Fees

PFS INVESTMENTS1 year

Filed as: PFS SECURITIES, INC.

Service code 49

17200 PEARL ROAD, SUITE 200 · CLEVELAND, OH 44136

Other Services

ZAREMBA MANAGEMENT COMPANY 401(K) RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZAREMBA MANAGEMENT COMPANY 401(K) RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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