Retirement plan

BLUE SKY HOLDINGS, INC. DEFINED BENEFIT PENSION PLAN

Name: BLUE SKY HOLDINGS, INC. - BLUE SKY HOLDINGS, INC. DEFINED BENEFIT PENSION PLAN (2019) Form 5500
Creator: BLUE SKY HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLUE SKY HOLDINGS, INC. DEFINED BENEFIT PENSION PLAN, BLUE SKY HOLDINGS, INC.

BLUE SKY HOLDINGS, INC.EIN 56-2424689Plan #003PY 2019

336 BON AIR CENTER, #388 - GREENBRAE, CA 94904415-730-3030

Other plans on this EIN

1 filing

#002Retirement-$834K assets

Prospect flagsHigh feesLow participationLow assets / participantHigh assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$930K

No prior year

Total participants

No prior year

Average account balance

$929,944

No prior year

Annual return

14.41%

No prior year

Benchmarks

See 1,518 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined benefit

Participants<25

Cohort1,518 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.38M

Not enough data

1 years with asset history on file

Average account balance

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

$594K

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

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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.

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1A1H1I3D

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
1H
PBGC terminated and closed out plan
Plan covered by PBGC that was terminated and closed out for PBGC purposes (standard or distress termination with distribution of plan assets or trustee appointed under ERISA section 4042).
1I
Frozen plan
As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
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

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$5K

$2652 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.570%

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

$929,944

$346,414+168.4%

$336,625+176.3%

$254,542+265.3%

Participation rate

50.0%

53.3%-3.3pp

51.5%-1.5pp

47.3%+2.7pp

Annual return

14.41%

10.29%+4.1pp

10.36%+4.1pp

12.16%+2.2pp

Employer contribution / active EE

$162,500

$54,462+198.4%

$52,561+209.2%

$44,747+263.2%

Participant deferral / active EE

$75-100.0%

$77-100.0%

$170-100.0%

Admin fee / account holder

$5,304

$7,619-30.4%

$7,349-27.8%

$17,640-69.9%

BLUE SKY HOLDINGS, INC. DEFINED BENEFIT PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLUE SKY HOLDINGS, INC. DEFINED BENEFIT PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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