Retirement plan

EGS COMMERCIAL REAL ESTATE, INC. 401(K) PLAN

Name: EGS COMMERCIAL REAL ESTATE, INC. - EGS COMMERCIAL REAL ESTATE, INC. 401(K) PLAN (2023) Form 5500
Creator: EGS COMMERCIAL REAL ESTATE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EGS COMMERCIAL REAL ESTATE, INC. 401(K) PLAN, EGS COMMERCIAL REAL ESTATE, INC.

EGS COMMERCIAL REAL ESTATE, INC.EIN 63-0964984Plan #001PY 2023

2100 3RD AVE N, SUITE 700 - BIRMINGHAM, AL 35203205-314-5528

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.5M

+1.9% from 2022

Total participants

-6.3% from 2022

Average account balance

$193,077

+8.8% from 2022

Annual return

14.72%

+31.12 pp from 2022

Benchmarks

See 4,120 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort4,120 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.57M

Not enough data

1 years with asset history on file

Average account balance

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

$168K

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.

141.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$438K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+15.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$34000

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 codes2E2F2G2J2T3D

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.
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

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

$1.5M

$57568 / participant

Other / not subdivided$1M100.0%

% of EOY assets

17.619%

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

$193,077

$70,666+173.2%

$169,385+14.0%

$75,181+156.8%

Participation rate

96.2%

64.8%+31.4pp

77.2%+19.0pp

67.2%+29.0pp

Annual return

14.72%

36.37%-21.7pp

405.82%-391.1pp

160.69%-146.0pp

Employer contribution / active EE

$4,702

$2,210+112.7%

$4,012+17.2%

$2,671+76.1%

Participant deferral / active EE

$9,665

$4,308+124.3%

$6,221+55.4%

$4,126+134.3%

Admin fee / account holder

$34,017

$5,402+529.7%

$9,011+277.5%

$5,650+502.1%

EGS COMMERCIAL REAL ESTATE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EGS COMMERCIAL REAL ESTATE, 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