Retirement plan

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

Name: S & H REALTY MANAGEMENT, LLP - S & H REALTY MANAGEMENT, LLP 401(K) PLAN (2023) 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 2023

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

Prospect flagsHigh feesLow participationFailed to transmit contributionsFailed to provide benefit

How to read this page

Total assets (EOY)

$4.5M

+22.4% from 2022

Total participants

149

+19.2% from 2022

Average account balance

$38,598

+22.4% from 2022

Annual return

14.94%

+31.53 pp from 2022

Benchmarks

See 4,120 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort4,120 peers

Snapshot2023

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE CO OF AME Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$21,185
USI CONSULTING GROUP4 years Filed as: USI ADVISORS INC Service code 27 95 GLASTONBURY BLVD · GLASTONBURY, CT 06033	Advisory (Plan)	$15,778
NFP RETIREMENT INC4 years Filed as: NFP RETIREMENT, INC. Service code 13	Contract Administrator	$3,756
NFP RETIREMENT INC2 years Filed as: NFP RETIREMENT Service code 13 120 VANTIS STE 400 · ALISO VIEJO, CA 926562689	Contract Administrator	$3,492

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H2A

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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).
ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.

Expense breakdown

Schedule H Part II

Admin total

$42K

$435 / participant

Recordkeeping$3K7.5%
Contract admin$35K83.6%
Other / not subdivided$4K8.9%

% of EOY assets

0.942%

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: 301413443
Audit fees: $3,767
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,598

$70,666-45.4%

$169,385-77.2%

$75,181-48.7%

Participation rate

66.0%

64.8%+1.2pp

77.2%-11.2pp

67.2%-1.2pp

Annual return

14.94%

36.37%-21.4pp

405.82%-390.9pp

160.69%-145.7pp

Employer contribution / active EE

$958

$2,210-56.6%

$4,012-76.1%

$2,671-64.1%

Participant deferral / active EE

$3,240

$4,308-24.8%

$6,221-47.9%

$4,126-21.5%

Admin fee / account holder

$364

$5,402-93.3%

$9,011-96.0%

$5,650-93.6%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE CO OF AME

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$21,185

USI CONSULTING GROUP4 years

Filed as: USI ADVISORS INC

Service code 27

95 GLASTONBURY BLVD · GLASTONBURY, CT 06033

Advisory (Plan)

$15,778

NFP RETIREMENT INC4 years

Filed as: NFP RETIREMENT, INC.

Service code 13

Contract Administrator

$3,756

NFP RETIREMENT INC2 years

Filed as: NFP RETIREMENT

Service code 13

120 VANTIS STE 400 · ALISO VIEJO, CA 926562689

Contract Administrator

$3,492

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