Retirement plan

QUAIL VALLEY CLUB LLC 401(K) PROFIT SHARING PLAN AND TRUST

Name: QUAIL VALLEY CLUB LLC - QUAIL VALLEY CLUB LLC 401(K) PROFIT SHARING PLAN AND TRUST (2019) Form 5500
Creator: QUAIL VALLEY CLUB LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QUAIL VALLEY CLUB LLC 401(K) PROFIT SHARING PLAN AND TRUST, QUAIL VALLEY CLUB LLC

QUAIL VALLEY CLUB LLCEIN 65-1020803Plan #002PY 2019

2345 HIGHWAY A1A - VERO BEACH, FL 32963772-299-3232

Prospect flagsLow participationLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$1.8M

+26.3% from 2018

Total participants

139

+4.5% from 2018

Average account balance

$21,342

+24.8% from 2018

Annual return

22.33%

+32.69 pp from 2018

Benchmarks

See 601 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort601 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.70M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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

$454K

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

+18.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$708

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

Top 6 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH2 years Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 99 · EIN 13-5674085	Other Fees	$9,285
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850	Recordkeeping	$5,997
THE AIMPOINT GROUP2 years Service code 14 · EIN 46-1931817	Plan Administrator	$1,600
ENVESTNET RETIREMENT SOLUTIONS, LLC2 years Filed as: ENVESTNET RETIREMENT SOLUTIONS Service code 27 · EIN 61-1732930	Advisory (Plan)	$0
MERRILL LYNCH PIERCE FENNER & SMITH2 years Filed as: MERRILL LYNCH LIFE AGENCY Service code 23 · EIN 13-2808480	Insurance services	$0
MESIROW FINANCIAL INVESTMENT MANAGE2 years Filed as: MESIROW FINANCIAL INVESTMENT MGMT Service code 49 · EIN 36-3429599	Other Services	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$13K

$110 / participant

Contract admin$13K100.0%

% of EOY assets

0.721%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CALER,DONTEN,LEVINE..ET AL P.A.
Auditor EIN: 592831281
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,342

$46,722-54.3%

$130,660-83.7%

$65,185-67.3%

Participation rate

55.8%

60.9%-5.1pp

71.7%-15.9pp

70.2%-14.4pp

Annual return

22.33%

24.17%-1.8pp

1709.29%-1687.0pp

29.38%-7.1pp

Employer contribution / active EE

$186

$1,488-87.5%

$4,092-95.5%

$2,177-91.5%

Participant deferral / active EE

$1,653

$2,545-35.0%

$3,603-54.1%

$3,514-52.9%

Admin fee / account holder

$154

$453-66.0%

$5,463-97.2%

$847-81.8%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH2 years

Filed as: MERRILL LYNCH PIERCE FENNER SMITH

Service code 99 · EIN 13-5674085

Other Fees

$9,285

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 15 · EIN 04-1590850

Recordkeeping

$5,997

THE AIMPOINT GROUP2 years

Service code 14 · EIN 46-1931817

Plan Administrator

$1,600

ENVESTNET RETIREMENT SOLUTIONS, LLC2 years

Filed as: ENVESTNET RETIREMENT SOLUTIONS

Service code 27 · EIN 61-1732930

Advisory (Plan)

MERRILL LYNCH PIERCE FENNER & SMITH2 years

Filed as: MERRILL LYNCH LIFE AGENCY

Service code 23 · EIN 13-2808480

Insurance services

MESIROW FINANCIAL INVESTMENT MANAGE2 years

Filed as: MESIROW FINANCIAL INVESTMENT MGMT

Service code 49 · EIN 36-3429599

Other Services

QUAIL VALLEY CLUB LLC 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

QUAIL VALLEY CLUB LLC 401(K) PROFIT SHARING PLAN AND TRUST

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