Retirement plan

S & S PROPERTY MANAGEMENT, INC. 401(K) PLAN

Name: S & S PROPERTY MANAGEMENT, INC. - S & S PROPERTY MANAGEMENT, INC. 401(K) PLAN (2022) Form 5500
Creator: S & S PROPERTY MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, S & S PROPERTY MANAGEMENT, INC. 401(K) PLAN, S & S PROPERTY MANAGEMENT, INC.

S & S PROPERTY MANAGEMENT, INC.EIN 62-1375003Plan #001PY 2022

129 SOUTH 11TH STREET - NASHVILLE, TN 37206615-227-8646sandsprops.comLinkedIn51-200 employeesreal estate

Prospect flagsLow returnsRecently reached 100 employees

How to read this page

Total assets (EOY)

$2.9M

-12.8% from 2021

Total participants

120

+3.4% from 2021

Average account balance

$27,736

-20.2% from 2021

Annual return

-18.89%

-33.65 pp from 2021

Benchmarks

See 1,010 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort1,010 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.43M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

135

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.

118.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$390K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1535

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
CPI QUALIFIED PLAN CONSULTANTS, INC2 years Service code 15 · EIN 48-1205033	Recordkeeping	$11,679
SAXONY CAPITAL MANAGEMENT2 years Filed as: SAXONY CAPITAL MANAGEMENT, LLC Service code 27 7401 WATSON RD · SAINT LOUIS, MO 631194415	Advisory (Plan)	$10,827

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$26K

$249 / participant

Investment mgmt$15K55.4%
Contract admin$12K44.6%

% of EOY assets

0.891%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PRICEKUBECKA, PLLC
Auditor EIN: 752783674
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,736

$59,105-53.1%

$160,009-82.7%

$66,938-58.6%

Participation rate

86.7%

68.1%+18.6pp

78.0%+8.7pp

69.8%+16.9pp

Annual return

-18.89%

-12.26%-6.6pp

408.85%-427.7pp

1.58%-20.5pp

Employer contribution / active EE

$1,278

$1,983-35.5%

$4,225-69.7%

$2,545-49.8%

Participant deferral / active EE

$2,184

$4,395-50.3%

$6,183-64.7%

$4,238-48.5%

Admin fee / account holder

$247

$591-58.2%

$8,715-97.2%

$594-58.4%

Provider

Service type

Compensation

CPI QUALIFIED PLAN CONSULTANTS, INC2 years

Service code 15 · EIN 48-1205033

Recordkeeping

$11,679

SAXONY CAPITAL MANAGEMENT2 years

Filed as: SAXONY CAPITAL MANAGEMENT, LLC

Service code 27

7401 WATSON RD · SAINT LOUIS, MO 631194415

Advisory (Plan)

$10,827

S & S PROPERTY MANAGEMENT, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

S & S PROPERTY MANAGEMENT, INC. 401(K) 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