Retirement plan

SEPM/B'NAI B'RITH APARTMENTS OF DEERFIELD BEACH FLORIDA RETIREMENT PLAN

Name: SOUTHEASTERN PROPERTY MANAGEMENT LLC - SEPM/B'NAI B'RITH APARTMENTS OF DEERFIELD BEACH FLORIDA RETIREMENT PLAN (2024) Form 5500
Creator: SOUTHEASTERN PROPERTY MANAGEMENT LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEPM/B'NAI B'RITH APARTMENTS OF DEERFIELD BEACH FLORIDA RETIREMENT PLAN, SOUTHEASTERN PROPERTY MANAGEMENT LLC

SOUTHEASTERN PROPERTY MANAGEMENT LLCEIN 63-0755228Plan #005PY 2024

1103 RICHARD ARRINGTON, JR BLVD S - BIRMINGHAM, AL 35205205-639-5113LinkedIn201-500 employeesreal estate

Other plans on this EIN

3 filings

#006Retirement-$15.9M assets #003Retirement-$811K assets #001Retirement-$564K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$392K

+24.3% from 2023

Total participants

+16.7% from 2023

Average account balance

$32,668

+24.3% from 2023

Annual return

12.26%

-1.96 pp from 2023

Benchmarks

See 20,049 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort20,049 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$392K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$61K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1984

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 codes2E2F2G3D3H

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.
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

$24K

$1984 / participant

Other / not subdivided$24K100.0%

% of EOY assets

6.073%

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

$32,668

$211,224-84.5%

$178,505-81.7%

$145,897-77.6%

Participation rate

83.3%

80.8%+2.5pp

77.1%+6.2pp

80.3%+3.0pp

Annual return

12.26%

30.28%-18.0pp

27.16%-14.9pp

552.29%-540.0pp

Employer contribution / active EE

$5,098

$4,577+11.4%

$3,955+28.9%

$4,663+9.3%

Participant deferral / active EE

$6,966-100.0%

$6,280-100.0%

$6,689-100.0%

Admin fee / account holder

$1,984

$12,109-83.6%

$10,428-81.0%

$13,390-85.2%

SEPM/B'NAI B'RITH APARTMENTS OF DEERFIELD BEACH FLORIDA RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SEPM/B'NAI B'RITH APARTMENTS OF DEERFIELD BEACH FLORIDA RETIREMENT 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