Retirement plan

THE LENKIN COMPANIES 401K RETIREMENT PLAN

Name: THE LENKIN COMPANY MANAGEMENT, INC. - THE LENKIN COMPANIES 401K RETIREMENT PLAN (2018) Form 5500
Creator: THE LENKIN COMPANY MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE LENKIN COMPANIES 401K RETIREMENT PLAN, THE LENKIN COMPANY MANAGEMENT, INC.

THE LENKIN COMPANY MANAGEMENT, INC.EIN 52-1227431Plan #002PY 2018

5101 WISCONSIN AVENUE, NW, 5TH FLOOR - WASHINGTON, DC 20016301-654-2100LinkedIn51-200 employeesreal estate

Prospect flagsLow employer contributionLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$20M

-3.9% from 2017

Total participants

129

0.0% from 2017

Average account balance

$156,421

-5.4% from 2017

Annual return

-4.41%

-22.89 pp from 2017

Benchmarks

See 101 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Cohort101 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.95M

Not enough data

1 years with asset history on file

Average account balance

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

$270K

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

$847K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$668

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 6 by compensation

Provider	Service type	Compensation
NORTHWESTERN MUTUAL INVESTMENT SERV3 years Filed as: NORTHWESTERN MUTUAL INVESTMENT SVCS Service code 55	Other Commissions	$39,743
CHERRY BEKAERT LLP1 year Filed as: CHERRY BEKAERT & HOLLAND, LLP Service code 13 222 CENTRAL PARK AVE · VIRGINIA BEACH, VA 234623032	Contract Administrator	$7,500
BERLIN RAMOS & COMPANY PA1 year Filed as: BERLIN RAMOS & CO., P.A. Service code 13	Contract Administrator	$2,500
GREAT-WEST LIFE & ANNUITY INSURANCE4+ years Filed as: GREAT-WEST LIFE & ANNUITY INS CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$800
BERLIN RAMOS & COMPANY PA4+ years Filed as: BERLIN RAMOS & CO P.A. Service code 13 11200 ROCKVILLE PIKE, SUITE 400 · ROCKVILLE, MD 20852	Contract Administrator	$0
MUTUAL OF AMERCIA LIFE INSURANCE CO3 years Filed as: NORTHWEST MUTUAL INVESTMENT SVCS Service code 55 720 E WISCONSIN AVENUE · MILWAUKEE, WI 53202	Other Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WITHUM SMITH & BROWN
Auditor EIN: 222027092
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$156,421

$295,344-47.0%

$169,452-7.7%

Participation rate

99.0%

68.3%+30.7pp

77.8%+21.2pp

Annual return

-4.41%

-3.68%-0.7pp

1.83%-6.2pp

Employer contribution / active EE

$3,094

$1,621+90.9%

$4,157-25.6%

Participant deferral / active EE

$5,569

$3,919+42.1%

$5,277+5.5%

Admin fee / account holder

$18,915-100.0%

$9,110-100.0%

Provider

Service type

Compensation

NORTHWESTERN MUTUAL INVESTMENT SERV3 years

Filed as: NORTHWESTERN MUTUAL INVESTMENT SVCS

Service code 55

Other Commissions

$39,743

CHERRY BEKAERT LLP1 year

Filed as: CHERRY BEKAERT & HOLLAND, LLP

Service code 13

222 CENTRAL PARK AVE · VIRGINIA BEACH, VA 234623032

Contract Administrator

$7,500

BERLIN RAMOS & COMPANY PA1 year

Filed as: BERLIN RAMOS & CO., P.A.

Service code 13

Contract Administrator

$2,500

GREAT-WEST LIFE & ANNUITY INSURANCE4+ years

Filed as: GREAT-WEST LIFE & ANNUITY INS CO

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$800

BERLIN RAMOS & COMPANY PA4+ years

Filed as: BERLIN RAMOS & CO P.A.

Service code 13

11200 ROCKVILLE PIKE, SUITE 400 · ROCKVILLE, MD 20852

Contract Administrator

MUTUAL OF AMERCIA LIFE INSURANCE CO3 years

Filed as: NORTHWEST MUTUAL INVESTMENT SVCS

Service code 55

720 E WISCONSIN AVENUE · MILWAUKEE, WI 53202

Other Commissions

THE LENKIN COMPANIES 401K RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

THE LENKIN COMPANIES 401K RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion