Retirement plan

THE POLO CLUB OF BOCA RATON, POA, INC. 401(K) PROFIT SHARING PLAN

Name: THE POLO CLUB OF BOCA RATON, POA, INC. - THE POLO CLUB OF BOCA RATON, POA, INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: THE POLO CLUB OF BOCA RATON, POA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE POLO CLUB OF BOCA RATON, POA, INC. 401(K) PROFIT SHARING PLAN, THE POLO CLUB OF BOCA RATON, POA, INC.

THE POLO CLUB OF BOCA RATON, POA, INC.EIN 65-0035360Plan #001PY 2023

5400 CHAMPION BOULEVARD - BOCA RATON, FL 33496561-995-1200LinkedIn1-10 employeesalternative medicine

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$10.5M

+7.6% from 2022

Total participants

353

+3.5% from 2022

Average account balance

$40,250

+7.1% from 2022

Annual return

13.75%

+27.58 pp from 2022

Benchmarks

See 1,011 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,011 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.79M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

276

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.

70.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+10.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$222

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
AMERICAN PORTFOLIOS FINANCIAL9+ years Filed as: AMERICAN PORTFOLIOS FINANCIAL SVCS Service code 27 · EIN 13-2624428 4250 VETERANS MEMORIAL HWY · HOLBROOK, NY 11741	Advisory (Plan)	$37,633
JPMORGAN INVEST HOLDINGS LLC9+ years Service code 64 · EIN 13-2624428	Recordkeeping Fees	$1,544

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$39K

$146 / participant

Recordkeeping$2K3.9%
Investment mgmt$38K96.1%

% of EOY assets

0.373%

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: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,250

$52,188-22.9%

$86,656-53.6%

$74,473-46.0%

Participation rate

65.8%

66.3%-0.5pp

71.7%-5.9pp

70.7%-4.9pp

Annual return

13.75%

44.46%-30.7pp

593.09%-579.3pp

34.36%-20.6pp

Employer contribution / active EE

$1,151

$2,282-49.5%

$3,025-61.9%

$2,638-56.4%

Participant deferral / active EE

$2,956

$3,383-12.6%

$4,439-33.4%

$4,530-34.7%

Admin fee / account holder

$150

$319-52.9%

$5,619-97.3%

$347-56.7%

Provider

Service type

Compensation

AMERICAN PORTFOLIOS FINANCIAL9+ years

Filed as: AMERICAN PORTFOLIOS FINANCIAL SVCS

Service code 27 · EIN 13-2624428

4250 VETERANS MEMORIAL HWY · HOLBROOK, NY 11741

Advisory (Plan)

$37,633

JPMORGAN INVEST HOLDINGS LLC9+ years

Service code 64 · EIN 13-2624428

Recordkeeping Fees

$1,544

THE POLO CLUB OF BOCA RATON, POA, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE POLO CLUB OF BOCA RATON, POA, INC. 401(K) 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