Retirement plan

JMB REALTY CORPORATION EMPLOYEES SAVINGS PLAN

Name: JMB REALTY CORPORATION - JMB REALTY CORPORATION EMPLOYEES SAVINGS PLAN (2023) Form 5500
Creator: JMB REALTY CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JMB REALTY CORPORATION EMPLOYEES SAVINGS PLAN, JMB REALTY CORPORATION

JMB REALTY CORPORATIONEIN 36-2707213Plan #333PY 2023

900 NORTH MICHIGAN AVENUE, SUITE 1500 - CHICAGO, IL 60611312-915-2236

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$211.2M

+23.3% from 2022

Total participants

1,053

-5.0% from 2022

Average account balance

$201,346

+30.1% from 2022

Annual return

21.79%

+39.23 pp from 2022

Benchmarks

See 657 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort657 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$244.86M

Not enough data

1 years with asset history on file

Average account balance

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

$223K

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.

1,098

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.

99.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+16.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$35

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
CROWE LLP2 years Service code 10 · EIN 35-0921680	Accounting	$28,350
WITHUMSMITH+BROWN, PC9+ years Filed as: MAYER BROWN LLP Service code 16 · EIN 36-1447220	Consulting	$7,676
BUCK GLOBAL, LLC5 years Filed as: BUCK GLOBAL LLC Service code 10 · EIN 83-1116912	Accounting	$962
FIS BUSINESS SYSTEMS LLC3 years Service code 10 · EIN 51-0267091	Accounting	$910
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Filed as: FIDELITY INVESTMENTS Service code 60	Sub-TA Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Service code 60	Sub-TA Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL7 years Filed as: FIDELITY INVESTMENTS INSTIT OPS Service code 37 · EIN 04-2647786	Loan Processing	-$45,144

Plan features & details

Pension benefit codes2E2G2K3H2F2J2T

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

-$7K

$-10 / participant

Legal$8K0.0%

% of EOY assets

-0.003%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CROWE LLP
Auditor EIN: 350921680
Audit fees: $30,222
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$201,346

$56,638+255.5%

$169,385+18.9%

$74,440+170.5%

Participation rate

99.4%

67.5%+31.9pp

77.2%+22.3pp

70.7%+28.7pp

Annual return

21.79%

24.75%-3.0pp

405.82%-384.0pp

34.37%-12.6pp

Employer contribution / active EE

$12,615

$2,027+522.4%

$4,012+214.5%

$2,638+378.2%

Participant deferral / active EE

$12,571

$4,223+197.7%

$6,221+102.1%

$4,529+177.6%

Admin fee / account holder

-$7

$307-102.3%

$9,011-100.1%

$348-102.0%

Provider

Service type

Compensation

CROWE LLP2 years

Service code 10 · EIN 35-0921680

Accounting

$28,350

WITHUMSMITH+BROWN, PC9+ years

Filed as: MAYER BROWN LLP

Service code 16 · EIN 36-1447220

Consulting

$7,676

BUCK GLOBAL, LLC5 years

Filed as: BUCK GLOBAL LLC

Service code 10 · EIN 83-1116912

Accounting

$962

FIS BUSINESS SYSTEMS LLC3 years

Service code 10 · EIN 51-0267091

Accounting

$910

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Filed as: FIDELITY INVESTMENTS

Service code 60

Sub-TA Fees

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Service code 60

Sub-TA Fees

FIDELITY INVESTMENTS INSTITUTIONAL7 years

Filed as: FIDELITY INVESTMENTS INSTIT OPS

Service code 37 · EIN 04-2647786

Loan Processing

-$45,144

JMB REALTY CORPORATION EMPLOYEES SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JMB REALTY CORPORATION EMPLOYEES 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