Retirement plan

13TH FLOOR MANAGER 401(K) PLAN

Name: 13TH FLOOR MANAGER - 13TH FLOOR MANAGER 401(K) PLAN (2024) Form 5500
Creator: 13TH FLOOR MANAGER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 13TH FLOOR MANAGER 401(K) PLAN, 13TH FLOOR MANAGER

13TH FLOOR MANAGEREIN 46-1000275Plan #002PY 2024

2850 TIGERTAIL AVENUE, SUITE 701 - MIAMI, FL 33133786-220-0460

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$1.6M

+39.2% from 2023

Total participants

+4.0% from 2023

Average account balance

$56,011

+29.2% from 2023

Annual return

18.01%

-7.12 pp from 2023

Benchmarks

See 4,153 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort4,153 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.14M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

54.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$267K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+21.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1106

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 codes2E2F2G2J2T3D3H

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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$416

$9 / participant

Other / not subdivided$416100.0%

% of EOY assets

0.027%

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

$56,011

$78,013-28.2%

$178,449-68.6%

$80,911-30.8%

Participation rate

46.7%

65.7%-19.0pp

77.1%-30.4pp

67.6%-21.0pp

Annual return

18.01%

18.07%-0.1pp

27.09%-9.1pp

35.63%-17.6pp

Employer contribution / active EE

$2,287-100.0%

$3,951-100.0%

$2,756-100.0%

Participant deferral / active EE

$5,297

$4,408+20.2%

$6,277-15.6%

$4,297+23.3%

Admin fee / account holder

$15

$7,166-99.8%

$10,362-99.9%

$6,935-99.8%

13TH FLOOR MANAGER 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

13TH FLOOR MANAGER 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