Retirement plan

OAK SPRING GARDEN LLC 403(B) PLAN

Name: OAK SPRING GARDEN LLC - OAK SPRING GARDEN LLC 403(B) PLAN (2023) Form 5500
Creator: OAK SPRING GARDEN LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OAK SPRING GARDEN LLC 403(B) PLAN, OAK SPRING GARDEN LLC

OAK SPRING GARDEN LLCEIN 36-4802602Plan #001PY 2023

1776 LOUGHBOROUGH LN - UPPERVILLE, VA 201841804540-592-3159LinkedIn1-10 employeesmuseums and institutions

Prospect flagsHigh fees

Top hat statement on fileNQDC

Filed July 28, 2022

Plan administrator

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1776 Loughborough Lane

Upperville, VA 20184

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Plans declared (1)

Oak Spring Garden LLC1 emp

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Total assets (EOY)

$7.3M

+20.1% from 2022

Total participants

+7.5% from 2022

Average account balance

$84,322

+11.8% from 2022

Annual return

16.99%

+32.87 pp from 2022

Benchmarks

See 3,103 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort3,103 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.15M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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

$606K

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

+20.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5511

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

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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 codes2G2K3D

Plan features

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.
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

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

$306K

$4502 / participant

Other / not subdivided$306K100.0%

% of EOY assets

4.222%

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

$84,322

$49,199+71.4%

$121,204-30.4%

$75,173+12.2%

Participation rate

100.0%

55.4%+44.6pp

69.5%+30.5pp

67.2%+32.8pp

Annual return

16.99%

56.04%-39.0pp

987.18%-970.2pp

160.72%-143.7pp

Employer contribution / active EE

$3,254

$1,547+110.3%

$4,170-22.0%

$2,671+21.8%

Participant deferral / active EE

$4,014

$2,630+52.6%

$4,083-1.7%

$4,126-2.7%

Admin fee / account holder

$3,560

$3,946-9.8%

$5,651-37.0%

OAK SPRING GARDEN LLC 403(B) 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

OAK SPRING GARDEN LLC 403(B) 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