Retirement plan

MANDEL GROUP, INC. SALARY SAVINGS 401(K) PLAN

Name: MANDEL GROUP, INC. - MANDEL GROUP, INC. SALARY SAVINGS 401(K) PLAN (2022) Form 5500
Creator: MANDEL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MANDEL GROUP, INC. SALARY SAVINGS 401(K) PLAN, MANDEL GROUP, INC.

MANDEL GROUP, INC.EIN 39-1710347Plan #001PY 2022

330 EAST KILBOURN AVENUE, SUITE 600 SOUTH TOWER - MILWAUKEE, WI 53202414-347-3600mandelgroup.comLinkedIn51-200 employeesreal estate

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$10.4M

-26.4% from 2021

Total participants

205

-22.1% from 2021

Average account balance

$54,116

-0.8% from 2021

Annual return

-18.46%

-36.52 pp from 2021

Benchmarks

See 1,010 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort1,010 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.40M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

190

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.

94.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$949K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$244

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 3 by compensation

Provider	Service type	Compensation
CETERA ADVISOR NETWORKS LLC1 year Service code 99 · EIN 95-3845382	Other Fees	$47,787
BENE TRACK INC.1 year Service code 49 STE 100 250 N PATRICK BLVD · BROOKFIELD, WI 53045	Other Services	$9,456
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708	Advisory (Participants)	$5,009

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H2S

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.
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

2 tripped

OpportunityLow returns
Annual investment return 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

$8K

$59 / participant

Contract admin$8K100.0%

% of EOY assets

0.078%

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: SVA CERTIFIED PUBLIC ACCOUNTS SC
Auditor EIN: 391203191
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,116

$59,105-8.4%

$160,009-66.2%

$66,938-19.2%

Participation rate

90.6%

68.1%+22.5pp

78.0%+12.6pp

69.8%+20.8pp

Annual return

-18.46%

-12.26%-6.2pp

408.85%-427.3pp

1.58%-20.0pp

Employer contribution / active EE

$1,688

$1,983-14.9%

$4,225-60.0%

$2,545-33.7%

Participant deferral / active EE

$5,013

$4,395+14.1%

$6,183-18.9%

$4,238+18.3%

Admin fee / account holder

$42

$591-92.8%

$8,715-99.5%

$594-92.9%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC1 year

Service code 99 · EIN 95-3845382

Other Fees

$47,787

BENE TRACK INC.1 year

Service code 49

STE 100 250 N PATRICK BLVD · BROOKFIELD, WI 53045

Other Services

$9,456

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 26 · EIN 71-0294708

Advisory (Participants)

$5,009

MANDEL GROUP, INC. SALARY SAVINGS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MANDEL GROUP, INC. SALARY SAVINGS 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