Retirement plan

GOODMAN NORTH AMERICA MANAGEMENT 401(K) PLAN

Name: GOODMAN NORTH AMERICA MANAGEMENT LLC - GOODMAN NORTH AMERICA MANAGEMENT 401(K) PLAN (2018) Form 5500
Creator: GOODMAN NORTH AMERICA MANAGEMENT LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOODMAN NORTH AMERICA MANAGEMENT 401(K) PLAN, GOODMAN NORTH AMERICA MANAGEMENT LLC

GOODMAN NORTH AMERICA MANAGEMENT LLCEIN 45-5228056Plan #001PY 2018

18201 VON KARMAN AVE STE 1170 - IRVINE, CA 926121093949-407-0131

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4.4M

+4.2% from 2017

Total participants

-2.0% from 2017

Average account balance

$99,457

+1.8% from 2017

Annual return

-9.86%

-49.47 pp from 2017

Benchmarks

See 3,521 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort3,521 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.89M

Not enough data

1 years with asset history on file

Average account balance

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

$177K

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.

104.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+17.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24473

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

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.

Expense breakdown

Schedule H Part II

Admin total

$193K

$4499 / participant

Other / not subdivided$193K100.0%

% of EOY assets

4.421%

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

$99,457

$56,484+76.1%

$169,452-41.3%

$64,173+55.0%

Participation rate

90.7%

64.5%+26.1pp

77.8%+12.9pp

69.6%+21.1pp

Annual return

-9.86%

-1.55%-8.3pp

1.83%-11.7pp

7.63%-17.5pp

Employer contribution / active EE

$5,199

$1,832+183.7%

$4,157+25.1%

$2,381+118.4%

Participant deferral / active EE

$12,095

$3,448+250.8%

$5,277+129.2%

$3,470+248.6%

Admin fee / account holder

$4,397

$4,174+5.3%

$9,110-51.7%

$4,887-10.0%

GOODMAN NORTH AMERICA MANAGEMENT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOODMAN NORTH AMERICA MANAGEMENT 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