Retirement plan

BALTIMORE MUNICIPAL GOLF CORPORATION EMPLOYEE SAVINGS PLAN

Name: BALTIMORE MUNICIPAL GOLF CORPORATION - BALTIMORE MUNICIPAL GOLF CORPORATION EMPLOYEE SAVINGS PLAN (2021) Form 5500
Creator: BALTIMORE MUNICIPAL GOLF CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BALTIMORE MUNICIPAL GOLF CORPORATION EMPLOYEE SAVINGS PLAN, BALTIMORE MUNICIPAL GOLF CORPORATION

BALTIMORE MUNICIPAL GOLF CORPORATIONEIN 52-1371304Plan #001PY 2021

6131 HILLEN RD - BALTIMORE, MD 212392443410-444-4933classic5golf.comLinkedIn51-200 employeesrecreational facilities and services

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4.1M

+4.9% from 2020

Total participants

+8.9% from 2020

Average account balance

$75,338

-16.4% from 2020

Annual return

10.63%

-1.10 pp from 2020

Benchmarks

See 2,715 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort2,715 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.82M

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

126.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$207K

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

+12.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3809

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

$393K

$8930 / participant

Other / not subdivided$393K100.0%

% of EOY assets

9.658%

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

$75,338

$58,714+28.3%

$142,874-47.3%

$85,856-12.3%

Participation rate

84.1%

58.5%+25.6pp

72.0%+12.1pp

69.3%+14.8pp

Annual return

10.63%

27.73%-17.1pp

5638.58%-5628.0pp

318.58%-308.0pp

Employer contribution / active EE

$1,095

$1,423-23.1%

$4,145-73.6%

$2,565-57.3%

Participant deferral / active EE

$2,768

$2,608+6.1%

$3,838-27.9%

$3,952-30.0%

Admin fee / account holder

$7,276

$4,241+71.6%

$6,561+10.9%

$6,261+16.2%

BALTIMORE MUNICIPAL GOLF CORPORATION EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BALTIMORE MUNICIPAL GOLF CORPORATION EMPLOYEE SAVINGS 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