Retirement plan

UMRO REALTY DBA THE AGENCY 401(K) P/S PLAN

Name: UMRO REALTY DBA THE AGENCY - UMRO REALTY DBA THE AGENCY 401(K) P/S PLAN (2022) Form 5500
Creator: UMRO REALTY DBA THE AGENCY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UMRO REALTY DBA THE AGENCY 401(K) P/S PLAN, UMRO REALTY DBA THE AGENCY

UMRO REALTY DBA THE AGENCYEIN 45-2628211Plan #001PY 2022

331 FOOTHILL RD STE 100 - BEVERLY HILLS, CA 90210424-283-4979LinkedIn1-10 employeesreal estate

Prospect flagsLow participationRecently reached 100 employeesFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$3M

+74.7% from 2021

Total participants

168

+17.5% from 2021

Average account balance

$27,624

+35.9% from 2021

Annual return

25.97%

-1.60 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

$6.67M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

218

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.

82.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$863K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 2 by compensation

Provider	Service type	Compensation
KAYE CAPITAL MANAGEMENT1 year Service code 27 713 CAMPUS SQUARE WEST · EL SEGUNDO, CA 90245	Advisory (Plan)	$10,420
PAI1 year Service code 13 1201 ENTERPRISE DRIVE, SUITE D · DE PERE, WI 54115	Contract Administrator	$7,693

Plan features & details

Pension benefit codes2G3D2F2E2J2K2T3F3H

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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
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

$18K

$130 / participant

Contract admin$18K100.0%

% of EOY assets

0.612%

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: LUCAS, HORSFALL, MURPHY & PINDROH,
Auditor EIN: 954659692
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,624

$59,105-53.3%

$160,009-82.7%

$66,938-58.7%

Participation rate

57.1%

68.1%-10.9pp

78.0%-20.8pp

69.8%-12.7pp

Annual return

25.97%

-12.26%+38.2pp

408.85%-382.9pp

1.58%+24.4pp

Employer contribution / active EE

$1,559

$1,983-21.4%

$4,225-63.1%

$2,545-38.8%

Participant deferral / active EE

$5,247

$4,395+19.4%

$6,183-15.1%

$4,238+23.8%

Admin fee / account holder

$169

$591-71.4%

$8,715-98.1%

$594-71.5%

Provider

Service type

Compensation

KAYE CAPITAL MANAGEMENT1 year

Service code 27

713 CAMPUS SQUARE WEST · EL SEGUNDO, CA 90245

Advisory (Plan)

$10,420

PAI1 year

Service code 13

1201 ENTERPRISE DRIVE, SUITE D · DE PERE, WI 54115

Contract Administrator

$7,693

UMRO REALTY DBA THE AGENCY 401(K) P/S PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UMRO REALTY DBA THE AGENCY 401(K) P/S 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