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 (2023) 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 2023

1103 RICHARD ARRINGTON, JR BLVD S - BIRMINGHAM, AL 35205205-639-5116LinkedIn201-500 employeesreal estate

Other plans on this EIN

3 filings

#006Retirement-$13.3M assets #003Retirement-$672K assets #001Retirement-$601K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$315K

+35.9% from 2022

Total participants

0.0% from 2022

Average account balance

$26,279

+13.3% from 2022

Annual return

14.22%

+31.01 pp from 2022

Benchmarks

See 19,305 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort19,305 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

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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

See the 8-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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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

$10K

$962 / participant

Other / not subdivided$10K100.0%

% of EOY assets

3.049%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,279

$202,432-87.0%

$169,368-84.5%

$139,434-81.2%

Participation rate

100.0%

81.1%+18.9pp

77.1%+22.9pp

80.3%+19.7pp

Annual return

14.22%

531.74%-517.5pp

405.60%-391.4pp

372.94%-358.7pp

Employer contribution / active EE

$5,932

$4,692+26.4%

$4,013+47.8%

$4,751+24.9%

Participant deferral / active EE

$6,938-100.0%

$6,221-100.0%

$6,710-100.0%

Admin fee / account holder

$801

$10,708-92.5%

$9,003-91.1%

$11,403-93.0%

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