Retirement plan

CONGRESSIONAL PROPERTIES, INC. 401(K) PROFIT SHARING PLAN

Name: CONGRESSIONAL PROPERTIES, INC. - CONGRESSIONAL PROPERTIES, INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: CONGRESSIONAL PROPERTIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONGRESSIONAL PROPERTIES, INC. 401(K) PROFIT SHARING PLAN, CONGRESSIONAL PROPERTIES, INC.

CONGRESSIONAL PROPERTIES, INC.EIN 46-1332391Plan #002PY 2022

7117 MEADOW ST - WARRENTON, VA 20187703-304-7904

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$238K

+28.6% from 2021

Total participants

+66.7% from 2021

Average account balance

$59,390

-3.6% from 2021

Annual return

1.26%

-19.09 pp from 2021

Benchmarks

See 35,205 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort35,205 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$437K

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$84K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+12.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3420

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 codes2E2G2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$17K

$5700 / participant

Other / not subdivided$17K100.0%

% of EOY assets

7.198%

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

$59,390

$167,533-64.6%

$151,645-60.8%

$134,545-55.9%

Participation rate

66.7%

88.4%-21.7pp

87.5%-20.8pp

81.2%-14.6pp

Annual return

1.26%

7.81%-6.6pp

3.34%-2.1pp

418.37%-417.1pp

Employer contribution / active EE

$16,034

$6,828+134.8%

$6,165+160.1%

$4,742+238.2%

Participant deferral / active EE

$6,500

$8,985-27.7%

$8,363-22.3%

$6,401+1.5%

Admin fee / account holder

$4,275

$13,781-69.0%

$11,614-63.2%

$11,431-62.6%

CONGRESSIONAL PROPERTIES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONGRESSIONAL PROPERTIES, INC. 401(K) PROFIT SHARING 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