Retirement plan

SAGE VALLEY, LLC RETIREMENT PLAN

Name: SAGE VALLEY, LLC - SAGE VALLEY, LLC RETIREMENT PLAN (2019) Form 5500
Creator: SAGE VALLEY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAGE VALLEY, LLC RETIREMENT PLAN, SAGE VALLEY, LLC

SAGE VALLEY, LLCEIN 56-2187591Plan #001PY 2019

POST OFFICE BOX 249,, 2240 SAGE VALLEY DRIVE - GRANITEVILLE, SC 29829803-663-8205LinkedIn51-200 employeesrecreational facilities and services

Prospect flagsLow returnsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$3M

+8.4% from 2018

Total participants

123

0.0% from 2018

Average account balance

$46,584

+3.4% from 2018

Annual return

19.59%

+26.71 pp from 2018

Benchmarks

See 991 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort991 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.25M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

101

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.

66.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$272K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+12.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1092

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
UNITED OF OMAHA2 years Service code 15 · EIN 47-0322111	Recordkeeping	$1,200
UNITED OF OMAHA2 years Filed as: MUTUAL OF OMAHA Service code 49 · EIN 47-0246511	Other Services	$0

Plan features & details

Pension benefit codes2E3D2G2J2K2F2T3H

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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$3K

$29 / participant

Investment mgmt$2K61.5%
Contract admin$1K38.5%

% of EOY assets

0.103%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CHERRY BEKAERT LLP
Auditor EIN: 560574444
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,584

$56,918-18.2%

$182,540-74.5%

$65,185-28.5%

Participation rate

45.8%

66.5%-20.7pp

78.0%-32.2pp

70.2%-24.4pp

Annual return

19.59%

27.67%-8.1pp

148.58%-129.0pp

29.38%-9.8pp

Employer contribution / active EE

$381

$1,615-76.4%

$4,076-90.7%

$2,177-82.5%

Participant deferral / active EE

$1,498

$3,526-57.5%

$5,525-72.9%

$3,514-57.4%

Admin fee / account holder

$48

$531-91.0%

$8,593-99.4%

$847-94.3%

Provider

Service type

Compensation

UNITED OF OMAHA2 years

Service code 15 · EIN 47-0322111

Recordkeeping

$1,200

UNITED OF OMAHA2 years

Filed as: MUTUAL OF OMAHA

Service code 49 · EIN 47-0246511

Other Services

SAGE VALLEY, LLC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAGE VALLEY, LLC RETIREMENT 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