Retirement plan

S & H REALTY MANAGEMENT, LLP 401(K) PLAN

Name: S & H REALTY MANAGEMENT, LLP - S & H REALTY MANAGEMENT, LLP 401(K) PLAN (2020) Form 5500
Creator: S & H REALTY MANAGEMENT, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, S & H REALTY MANAGEMENT, LLP 401(K) PLAN, S & H REALTY MANAGEMENT, LLP

S & H REALTY MANAGEMENT, LLPEIN 41-1797774Plan #001PY 2020

8120 PENN AVE S, SUITE 555 - MINNEAPOLIS, MN 554311326952-884-2709LinkedIn51-200 employeesreal estate

Prospect flagsLow returnsHigh feesFailed to provide benefit

How to read this page

Total assets (EOY)

$3.8M

-1.6% from 2019

Total participants

125

0.0% from 2019

Average account balance

$33,179

-3.3% from 2019

Annual return

11.60%

-9.17 pp from 2019

Benchmarks

See 3,715 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort3,715 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.07M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

147

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.

91.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$427K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$300

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 INSURANCE4 years Filed as: GREAT-WEST LIFE & ANNUITY INS Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$18,642
LPL FINANCIAL6+ years Filed as: LPL FINANCIAL LLC - RPCP Service code 27 · EIN 04-3046611 PO BOX 502533 · SAN DIEGO, CA 921502533	Advisory (Plan)	$7,642
USI CONSULTING GROUP1 year Filed as: USI ADVISORS INC Service code 27 95 GLASTONBURY BLVD STE 102 · GLASTONBURY, CT 06033	Advisory (Plan)	$5,682
NFP RETIREMENT INC1 year Filed as: NFP RETIREMENT, INC. Service code 13	Contract Administrator	$3,172
BRONFMAN E.L. ROTHSCHILD4 years Filed as: BRONFMAN EL ROTHSCHILD Service code 13	Contract Administrator	$306

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.

Expense breakdown

Schedule H Part II

Admin total

$45K

$496 / participant

Investment mgmt$15K32.2%
Contract admin$29K64.9%
Other / not subdivided$1K2.9%

% of EOY assets

1.184%

all-in expense ratio

Categories reported

2 / 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

$33,179

$72,027-53.9%

$185,835-82.1%

$79,852-58.4%

Participation rate

89.0%

65.8%+23.2pp

78.0%+11.0pp

69.6%+19.4pp

Annual return

11.60%

23.13%-11.5pp

35.96%-24.4pp

31.72%-20.1pp

Employer contribution / active EE

$797

$1,965-59.5%

$4,087-80.5%

$2,471-67.8%

Participant deferral / active EE

$2,814

$3,780-25.5%

$5,633-50.0%

$3,740-24.8%

Admin fee / account holder

$393

$4,513-91.3%

$9,502-95.9%

$5,306-92.6%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Filed as: GREAT-WEST LIFE & ANNUITY INS

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$18,642

LPL FINANCIAL6+ years

Filed as: LPL FINANCIAL LLC - RPCP

Service code 27 · EIN 04-3046611

PO BOX 502533 · SAN DIEGO, CA 921502533

Advisory (Plan)

$7,642

USI CONSULTING GROUP1 year

Filed as: USI ADVISORS INC

Service code 27

95 GLASTONBURY BLVD STE 102 · GLASTONBURY, CT 06033

Advisory (Plan)

$5,682

NFP RETIREMENT INC1 year

Filed as: NFP RETIREMENT, INC.

Service code 13

Contract Administrator

$3,172

BRONFMAN E.L. ROTHSCHILD4 years

Filed as: BRONFMAN EL ROTHSCHILD

Service code 13

Contract Administrator

$306

S & H REALTY MANAGEMENT, LLP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

S & H REALTY MANAGEMENT, LLP 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