Retirement plan

SINGH MANAGEMENT CO., LLC 401(K) PROFIT SHARING PLAN AND TRUST

Name: SINGH MANAGEMENT CO., LLC - SINGH MANAGEMENT CO., LLC 401(K) PROFIT SHARING PLAN AND TRUST (2022) Form 5500
Creator: SINGH MANAGEMENT CO., LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SINGH MANAGEMENT CO., LLC 401(K) PROFIT SHARING PLAN AND TRUST, SINGH MANAGEMENT CO., LLC

SINGH MANAGEMENT CO., LLCEIN 38-3457979Plan #001PY 2022

7125 ORCHARD LAKE ROAD, SUITE 200 - WEST BLOOMFIELD, MI 48322248-865-1600singhhomes.comLinkedIn1001-5000 employeesreal estate

Prospect flagsLow participationLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$12M

-4.7% from 2021

Total participants

1,317

+13.5% from 2021

Average account balance

$24,336

-9.3% from 2021

Annual return

-16.39%

-32.24 pp from 2021

Benchmarks

See 128 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants1,000-4,999

Cohort128 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.81M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

523

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.

21.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.86M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+13.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 2 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY8+ years Service code 55 · EIN 26-4310632	Other Commissions	$29,903
FIDELITY INVESTMENTS INSTITUTIONAL8+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	$9,997

Plan features & details

Pension benefit codes2E2F2G2J2K3H3D

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.
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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$10K

$8 / participant

Other / not subdivided$10K100.0%

% of EOY assets

0.083%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,336

$42,504-42.7%

$160,009-84.8%

$77,906-68.8%

Participation rate

30.9%

66.9%-36.0pp

78.0%-47.1pp

73.7%-42.8pp

Annual return

-16.39%

-12.43%-4.0pp

408.85%-425.2pp

12.16%-28.5pp

Employer contribution / active EE

$290

$1,684-82.8%

$4,225-93.1%

$2,846-89.8%

Participant deferral / active EE

$1,620

$3,919-58.7%

$6,183-73.8%

$4,805-66.3%

Admin fee / account holder

$20

$98-79.3%

$8,715-99.8%

$133-84.8%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY8+ years

Service code 55 · EIN 26-4310632

Other Commissions

$29,903

FIDELITY INVESTMENTS INSTITUTIONAL8+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$9,997

SINGH MANAGEMENT CO., LLC 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SINGH MANAGEMENT CO., LLC 401(K) PROFIT SHARING PLAN AND TRUST

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