Retirement plan

NORTHEAST FLORIDA ASSOCIATION OF REALTORS, INC. 401(K) RETIREMENT SAVINGS PLAN

Name: NORTHEAST FLORIDA ASSOCIATION OF REALTORS, INC. - NORTHEAST FLORIDA ASSOCIATION OF REALTORS, INC. 401(K) RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: NORTHEAST FLORIDA ASSOCIATION OF REALTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHEAST FLORIDA ASSOCIATION OF REALTORS, INC. 401(K) RETIREMENT SAVINGS PLAN, NORTHEAST FLORIDA ASSOCIATION OF REALTORS, INC.

NORTHEAST FLORIDA ASSOCIATION OF REALTORS, INC.EIN 59-0306124Plan #001PY 2016

7801 DEERCREEK CLUB ROAD, SUITE 1 - JACKSONVILLE, FL 32256904-394-9494nefar.comLinkedIn11-50 employeesreal estate

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+10.7% from 2015

Total participants

-7.3% from 2015

Average account balance

$49,244

+19.5% from 2015

Annual return

7.63%

+9.40 pp from 2015

Benchmarks

See 3,383 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort3,383 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.96M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

115.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$245K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2829

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 codes2F2G2J2T3D3H

Plan features

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.
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

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

$139K

$4337 / participant

Other / not subdivided$139K100.0%

% of EOY assets

7.416%

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

$49,244

$56,054-12.1%

$171,082-71.2%

$62,881-21.7%

Participation rate

100.0%

62.9%+37.1pp

76.7%+23.3pp

69.3%+30.7pp

Annual return

7.63%

22.52%-14.9pp

32.56%-24.9pp

20.14%-12.5pp

Employer contribution / active EE

$1,784

$1,731+3.0%

$4,002-55.4%

$2,281-21.8%

Participant deferral / active EE

$4,117

$3,158+30.4%

$4,797-14.2%

$3,203+28.6%

Admin fee / account holder

$3,652

$3,647+0.1%

$8,520-57.1%

$4,296-15.0%

NORTHEAST FLORIDA ASSOCIATION OF REALTORS, INC. 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHEAST FLORIDA ASSOCIATION OF REALTORS, INC. 401(K) RETIREMENT 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