Retirement plan

PREMIER REAL ESTATE MANAGEMENT, LLC SALARY SAVINGS PLAN

Name: PREMIER REAL ESTATE MANAGEMENT, LLC - PREMIER REAL ESTATE MANAGEMENT, LLC SALARY SAVINGS PLAN (2020) Form 5500
Creator: PREMIER REAL ESTATE MANAGEMENT, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PREMIER REAL ESTATE MANAGEMENT, LLC SALARY SAVINGS PLAN, PREMIER REAL ESTATE MANAGEMENT, LLC

PREMIER REAL ESTATE MANAGEMENT, LLCEIN 39-1872177Plan #001PY 2020

3120 GATEWAY ROAD - BROOKFIELD, WI 53045262-790-4560LinkedIn11-50 employeesreal estate

Prospect flagsHigh feesLow participationLow employer contributionLow participant contributionRecently reached 100 employeesFailed to transmit contributions

How to read this page

Total assets (EOY)

$4.2M

+20.1% from 2019

Total participants

319

+22.7% from 2019

Average account balance

$39,027

+5.6% from 2019

Annual return

17.13%

-4.78 pp from 2019

Benchmarks

See 615 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort615 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.22M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

127

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.

32.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$634K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+18.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$707

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

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE5 years Filed as: GREAT-WEST LIFE & ANNUITY INS. CO. Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$14,640
SIKICH LLP4 years Service code 13 13400 BISHOPS LANE, SUITE 300 · BROOKFIELD, WI 53005	Contract Administrator	$11,699
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: ADVISED ASSETS GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$809
EVEREN SECURITIES INC5 years Filed as: EVEREN SECURITIES, INC. Service code 55 10700 WHEAT FIRST DRIVE · GLEN ALLEN, VA 23060	Other Commissions	$0
RBC WEALTH MANAGEMENT1 year Filed as: RBC CAPITAL MARKETS LLC Service code 55 60 S 6TH STREET · MINNEAPOLIS, MN 55402	Other Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

6 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$34K

$112 / participant

Contract admin$34K100.0%

% of EOY assets

0.823%

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 CPA, S.C.
Auditor EIN: 391203191
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,027

$56,152-30.5%

$185,835-79.0%

$73,412-46.8%

Participation rate

30.7%

67.6%-36.8pp

78.0%-47.3pp

72.2%-41.5pp

Annual return

17.13%

17.59%-0.5pp

35.96%-18.8pp

59.30%-42.2pp

Employer contribution / active EE

$257

$1,532-83.2%

$4,087-93.7%

$2,234-88.5%

Participant deferral / active EE

$1,013

$3,659-72.3%

$5,633-82.0%

$3,806-73.4%

Admin fee / account holder

$321

$132+143.1%

$9,502-96.6%

$158+103.3%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE5 years

Filed as: GREAT-WEST LIFE & ANNUITY INS. CO.

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$14,640

SIKICH LLP4 years

Service code 13

13400 BISHOPS LANE, SUITE 300 · BROOKFIELD, WI 53005

Contract Administrator

$11,699

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: ADVISED ASSETS GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$809

EVEREN SECURITIES INC5 years

Filed as: EVEREN SECURITIES, INC.

Service code 55

10700 WHEAT FIRST DRIVE · GLEN ALLEN, VA 23060

Other Commissions

RBC WEALTH MANAGEMENT1 year

Filed as: RBC CAPITAL MARKETS LLC

Service code 55

60 S 6TH STREET · MINNEAPOLIS, MN 55402

Other Commissions

PREMIER REAL ESTATE MANAGEMENT, LLC SALARY SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PREMIER REAL ESTATE MANAGEMENT, LLC SALARY 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