Retirement plan

GRUBB MANAGEMENT, INC 401(K) PROFIT SHARING PLAN

Name: GRUBB MANAGEMENT, INC - GRUBB MANAGEMENT, INC 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: GRUBB MANAGEMENT, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GRUBB MANAGEMENT, INC 401(K) PROFIT SHARING PLAN, GRUBB MANAGEMENT, INC

GRUBB MANAGEMENT, INCEIN 56-1758296Plan #001PY 2016

4601 PARK ROAD, SUITE 450 - CHARLOTTE, NC 28209704-405-5151

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$6M

+34.4% from 2015

Total participants

206

+4.6% from 2015

Average account balance

$29,242

+24.5% from 2015

Annual return

20.25%

+7.85 pp from 2015

Benchmarks

See 896 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort896 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.94M

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

316

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.38M

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

+13.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$242

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
THE VANGUARD GROUP, INC.2+ years Service code 15 · EIN 23-1945930	Recordkeeping	$19,580
KESTRA INVESTMENT SERVICES LLC1 year Filed as: KESTRA INVESTMENT SERVICES Service code 27 · EIN 74-2794194	Advisory (Plan)	$6,517
NFP RETIREMENT INC1 year Filed as: NFP ADVISOR SERVICES LLC Service code 27 1250 CAPITAL OF TEXAS HIGHWAY S · AUSTIN, TX 78746	Advisory (Plan)	$5,491

Plan features & details

Pension benefit codes2E2F2G2T2J2S3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$32K

$196 / participant

Investment mgmt$12K38.0%
Contract admin$20K62.0%

% of EOY assets

0.530%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: J. TERRY GORDON, CPA
Auditor EIN: 581499257
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,242

$50,898-42.5%

$171,082-82.9%

$55,167-47.0%

Participation rate

98.8%

63.3%+35.5pp

76.7%+22.1pp

69.0%+29.8pp

Annual return

20.25%

15.34%+4.9pp

32.56%-12.3pp

169.23%-149.0pp

Employer contribution / active EE

$2,115

$1,433+47.5%

$4,002-47.2%

$1,963+7.7%

Participant deferral / active EE

$3,970

$2,994+32.6%

$4,797-17.2%

$3,054+30.0%

Admin fee / account holder

$155

$500-69.0%

$8,520-98.2%

$504-69.3%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.2+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$19,580

KESTRA INVESTMENT SERVICES LLC1 year

Filed as: KESTRA INVESTMENT SERVICES

Service code 27 · EIN 74-2794194

Advisory (Plan)

$6,517

NFP RETIREMENT INC1 year

Filed as: NFP ADVISOR SERVICES LLC

Service code 27

1250 CAPITAL OF TEXAS HIGHWAY S · AUSTIN, TX 78746

Advisory (Plan)

$5,491

GRUBB MANAGEMENT, INC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GRUBB MANAGEMENT, 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