Retirement plan

NORTHSTAR PROPERTIES OF MINNESOTA, INC. 401(K) PLAN

Name: NORTHSTAR PROPERTIES OF MINNESOTA, INC. - NORTHSTAR PROPERTIES OF MINNESOTA, INC. 401(K) PLAN (2017) Form 5500
Creator: NORTHSTAR PROPERTIES OF MINNESOTA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHSTAR PROPERTIES OF MINNESOTA, INC. 401(K) PLAN, NORTHSTAR PROPERTIES OF MINNESOTA, INC.

NORTHSTAR PROPERTIES OF MINNESOTA, INC.EIN 41-1994077Plan #001PY 2017

2505 SILVER LANE N.E. - MINNEAPOLIS, MN 55421612-788-5600

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$532K

+23.0% from 2016

Total participants

+37.5% from 2016

Average account balance

$76,070

+23.0% from 2016

Annual return

18.54%

+10.37 pp from 2016

Benchmarks

See 32,065 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,065 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$845K

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

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.

77.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$79K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+20.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$73593

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 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.)

Expense breakdown

Schedule H Part II

Admin total

$30K

$3378 / participant

Other / not subdivided$30K100.0%

% of EOY assets

5.709%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$76,070

$99,017-23.2%

$86,587-12.1%

$147,585-48.5%

Participation rate

55.6%

76.3%-20.8pp

73.5%-18.0pp

82.8%-27.3pp

Annual return

18.54%

1312.37%-1293.8pp

964.86%-946.3pp

578.56%-560.0pp

Employer contribution / active EE

$1,628

$3,132-48.0%

$2,839-42.7%

$4,876-66.6%

Participant deferral / active EE

$3,892

$3,972-2.0%

$3,609+7.9%

$5,439-28.4%

Admin fee / account holder

$4,343

$5,710-23.9%

$4,906-11.5%

$10,885-60.1%

NORTHSTAR PROPERTIES OF MINNESOTA, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHSTAR PROPERTIES OF MINNESOTA, INC. 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