Retirement plan

HERITAGE PROPERTY MANAGEMENT SERVICES, INC. 401(K) PROFIT SHARING PLAN

Name: HERITAGE PROPERTY MANAGEMENT SERVIC ES, INC. - HERITAGE PROPERTY MANAGEMENT SERVICES, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: HERITAGE PROPERTY MANAGEMENT SERVIC ES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HERITAGE PROPERTY MANAGEMENT SERVICES, INC. 401(K) PROFIT SHARING PLAN, HERITAGE PROPERTY MANAGEMENT SERVIC ES, INC.

HERITAGE PROPERTY MANAGEMENT SERVIC ES, INC.EIN 58-1482607Plan #001PY 2019

500 SUGAR MILL RD, BLDG B, STE 200 - ATLANTA, GA 30350770-200-8253heritageproperty.comLinkedIn51-200 employeesreal estate

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$1.6M

+19.0% from 2018

Total participants

120

-6.3% from 2018

Average account balance

$25,446

+22.8% from 2018

Annual return

12.35%

+19.03 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

$2.38M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

55.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$211K

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

+10.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3610

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 codes2E2F2G2J3D3H

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.
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

2 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.

Expense breakdown

Schedule H Part II

Admin total

$3K

$32 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.207%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WALTERS AND ASSOCIATES, CPAS
Auditor EIN: 593618759
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,446

$56,918-55.3%

$182,531-86.1%

$65,185-61.0%

Participation rate

43.1%

66.5%-23.3pp

78.0%-34.8pp

70.2%-27.1pp

Annual return

12.35%

27.67%-15.3pp

148.57%-136.2pp

29.38%-17.0pp

Employer contribution / active EE

$1,615-100.0%

$4,075-100.0%

$2,177-100.0%

Participant deferral / active EE

$1,470

$3,526-58.3%

$5,525-73.4%

$3,514-58.2%

Admin fee / account holder

$53

$531-90.1%

$8,593-99.4%

$847-93.8%

HERITAGE PROPERTY MANAGEMENT SERVICES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HERITAGE PROPERTY MANAGEMENT SERVICES, 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