Retirement plan

WHITE REALTY AND SERVICE CORP EMPLOYEES' PROFIT SHARING PLAN

Name: WHITE REALTY AND SERVICE CORPORATION - WHITE REALTY AND SERVICE CORP EMPLOYEES' PROFIT SHARING PLAN (2022) Form 5500
Creator: WHITE REALTY AND SERVICE CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WHITE REALTY AND SERVICE CORP EMPLOYEES' PROFIT SHARING PLAN, WHITE REALTY AND SERVICE CORPORATION

WHITE REALTY AND SERVICE CORPORATIONEIN 62-0406950Plan #002PY 2022

416 BEARDEN RD. - KNOXVILLE, TN 379390028865-588-2244whiterealty.comLinkedIn51-200 employeesreal estate

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$6.7M

-16.7% from 2021

Total participants

+18.2% from 2021

Average account balance

$74,066

-29.5% from 2021

Annual return

-21.53%

-36.29 pp from 2021

Benchmarks

See 3,973 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort3,973 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.25M

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

111

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.

127.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$613K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+18.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6535

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 codes2E2F2G2J3D

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$70K

$885 / participant

Other / not subdivided$70K100.0%

% of EOY assets

1.038%

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

$74,066

$69,012+7.3%

$160,037-53.7%

$68,490+8.1%

Participation rate

100.0%

65.4%+34.6pp

78.0%+22.0pp

67.9%+32.1pp

Annual return

-21.53%

-9.65%-11.9pp

408.95%-430.5pp

-7.85%-13.7pp

Employer contribution / active EE

$2,245

$2,212+1.5%

$4,226-46.9%

$2,597-13.5%

Participant deferral / active EE

$3,542

$4,212-15.9%

$6,184-42.7%

$4,028-12.1%

Admin fee / account holder

$769

$4,798-84.0%

$8,716-91.2%

$5,403-85.8%

WHITE REALTY AND SERVICE CORP EMPLOYEES' PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WHITE REALTY AND SERVICE CORP EMPLOYEES' 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