Retirement plan

BALTIMORE MUNICIPAL GOLF CORPORATION EMPLOYEE SAVINGS PLAN

Name: BALTIMORE MUNICIPAL GOLF CORPORATION - BALTIMORE MUNICIPAL GOLF CORPORATION EMPLOYEE SAVINGS PLAN (2022) 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 2022

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.3M

-18.3% from 2021

Total participants

-4.9% from 2021

Average account balance

$63,937

-15.1% from 2021

Annual return

-14.77%

-25.40 pp from 2021

Benchmarks

See 2,894 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort2,894 peers

Snapshot2022

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

1 tripped

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

$302K

$7372 / participant

Other / not subdivided$302K100.0%

% of EOY assets

9.091%

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

$63,937

$46,697+36.9%

$117,533-45.6%

$68,486-6.6%

Participation rate

85.4%

56.8%+28.6pp

70.6%+14.8pp

67.9%+17.5pp

Annual return

-14.77%

-14.52%-0.3pp

29.77%-44.5pp

-7.85%-6.9pp

Employer contribution / active EE

$1,103

$1,506-26.7%

$4,179-73.6%

$2,597-57.5%

Participant deferral / active EE

$2,761

$2,637+4.7%

$4,072-32.2%

$4,028-31.4%

Admin fee / account holder

$5,812

$4,023+44.5%

$5,647+2.9%

$5,404+7.6%

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