Retirement plan

THE GRAHAM COMPANIES 401(K) PLAN

Name: THE GRAHAM COMPANIES - THE GRAHAM COMPANIES 401(K) PLAN (2018) Form 5500
Creator: THE GRAHAM COMPANIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE GRAHAM COMPANIES 401(K) PLAN, THE GRAHAM COMPANIES

THE GRAHAM COMPANIESEIN 65-0127392Plan #002PY 2018

6843 MAIN STREET - MIAMI LAKES, FL 33014305-817-4000miamilakes.comLinkedIn201-500 employeesreal estate

Other plans on this EIN

1 filing

#001Retirement-$31.8M assets

Prospect flagsHigh feesCorrective distributions

Top hat statement on fileNQDC

Filed September 8, 2020

Plan administrator

Plan administrator name— Sign in and upgrade to view

6843 Main Street

Miami Lakes, FL 33014

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

The Graham Companies Deferred Compensation Plan6 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$18.7M

-2.0% from 2017

Total participants

375

-2.1% from 2017

Average account balance

$50,832

-1.5% from 2017

Annual return

-4.76%

-18.55 pp from 2017

Benchmarks

See 592 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort592 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.16M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

348

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.

91.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.42M

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

+15.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$276

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 3 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.3 years Service code 15 · EIN 27-2037969	Recordkeeping	$63,596
WITHUMSMITH+BROWN, PC4+ years Filed as: MORRISON, BROWN, ARGIZ & FARRA, LLP Service code 10 · EIN 01-0720052	Accounting	$37,203
NEWPORT GROUP, INC.3 years Filed as: NEWPORT TRUST COMPANY Service code 19 · EIN 27-4411131	Securities Custodian	$15,431

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$116K

$387 / participant

Investment mgmt$37K32.0%
Contract admin$64K54.7%
Other / not subdivided$15K13.3%

% of EOY assets

0.623%

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: MORRISON, BROWN, ARGIZ & FARRA, LLC
Auditor EIN: 010720052
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,832

$42,810+18.7%

$169,452-70.0%

$55,725-8.8%

Participation rate

97.3%

64.7%+32.6pp

77.8%+19.6pp

70.9%+26.5pp

Annual return

-4.76%

-3.61%-1.1pp

1.83%-6.6pp

244.93%-249.7pp

Employer contribution / active EE

$818

$1,402-41.6%

$4,157-80.3%

$2,078-60.6%

Participant deferral / active EE

$3,168

$3,141+0.8%

$5,277-40.0%

$3,356-5.6%

Admin fee / account holder

$317

$106+197.4%

$9,110-96.5%

$115+175.0%

Provider

Service type

Compensation

NEWPORT GROUP, INC.3 years

Service code 15 · EIN 27-2037969

Recordkeeping

$63,596

WITHUMSMITH+BROWN, PC4+ years

Filed as: MORRISON, BROWN, ARGIZ & FARRA, LLP

Service code 10 · EIN 01-0720052

Accounting

$37,203

NEWPORT GROUP, INC.3 years

Filed as: NEWPORT TRUST COMPANY

Service code 19 · EIN 27-4411131

Securities Custodian

$15,431

THE GRAHAM COMPANIES 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE GRAHAM COMPANIES 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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