Retirement plan

SANIBEL CAPTIVA BEACH RESORTS, LLC

Name: SANIBEL CAPTIVA BEACH RESORTS, LLC - SANIBEL CAPTIVA BEACH RESORTS, LLC (2023) Form 5500
Creator: SANIBEL CAPTIVA BEACH RESORTS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SANIBEL CAPTIVA BEACH RESORTS, LLC, SANIBEL CAPTIVA BEACH RESORTS, LLC

SANIBEL CAPTIVA BEACH RESORTS, LLCEIN 47-4282773Plan #001PY 2023

15951 CAPTIVA DRIVE - CAPTIVA ISLAND, FL 33924239-472-5161sanibelcaptivabeachresorts.comLinkedIn51-200 employeeshospitality

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.6M

+23.4% from 2022

Total participants

180

-17.1% from 2022

Average account balance

$26,820

+46.4% from 2022

Annual return

16.49%

+34.59 pp from 2022

Benchmarks

See 1,291 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort1,291 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.54M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

130

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.

62.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$386K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$116

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 3 by compensation

Provider	Service type	Compensation
NATIONWIDE9+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$30,000
PENSION FINANCIAL SERVICES, INC.1 year Service code 13 · EIN 58-1485803 3700 CRESTWOOD PARKWAY SUITE 550 · DULUTH, GA 300967157	Contract Administrator	$2,213
PEAK BROKERAGE SERVICES LLC1 year Service code 28 1070 E INDIANTOWN RD STE 208 · JUPITER, FL 33477	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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

$32K

$290 / participant

Contract admin$32K100.0%

% of EOY assets

0.896%

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: SEITA KILTON & COMPANY CPA'S, P.L.
Auditor EIN: 204055943
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,820

$27,800-3.5%

$58,544-54.2%

$71,495-62.5%

Participation rate

58.6%

34.6%+24.0pp

50.9%+7.7pp

67.9%-9.4pp

Annual return

16.49%

26.80%-10.3pp

4249.56%-4233.1pp

28.85%-12.4pp

Employer contribution / active EE

$865

$632+37.0%

$1,053-17.8%

$2,589-66.6%

Participant deferral / active EE

$2,156

$1,208+78.4%

$1,923+12.1%

$4,291-49.8%

Admin fee / account holder

$240

$1,637-85.3%

$2,520-90.5%

$1,588-84.9%

Provider

Service type

Compensation

NATIONWIDE9+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$30,000

PENSION FINANCIAL SERVICES, INC.1 year

Service code 13 · EIN 58-1485803

3700 CRESTWOOD PARKWAY SUITE 550 · DULUTH, GA 300967157

Contract Administrator

$2,213

PEAK BROKERAGE SERVICES LLC1 year

Service code 28

1070 E INDIANTOWN RD STE 208 · JUPITER, FL 33477

Investment Management

SANIBEL CAPTIVA BEACH RESORTS, LLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SANIBEL CAPTIVA BEACH RESORTS, LLC

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