Retirement plan

LOCAL REDEVELOPMENT AUTHORITY FOR ROOSEVELT ROADS SAVINGS AND RETIREMENT PLAN

Name: LOCAL REDEV AUTH OF THE LANDS AND FACILITIES OF NAVAL STA ROOSEVELT R - LOCAL REDEVELOPMENT AUTHORITY FOR ROOSEVELT ROADS SAVINGS AND RETIREMENT PLAN (2024) Form 5500
Creator: LOCAL REDEV AUTH OF THE LANDS AND FACILITIES OF NAVAL STA ROOSEVELT R
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOCAL REDEVELOPMENT AUTHORITY FOR ROOSEVELT ROADS SAVINGS AND RETIREMENT PLAN, LOCAL REDEV AUTH OF THE LANDS AND FACILITIES OF NAVAL STA ROOSEVELT R

LOCAL REDEV AUTH OF THE LANDS AND FACILITIES OF NAVAL STA ROOSEVELT REIN 66-0661048Plan #001PY 2024

159 CALLE CHARDON PISO 3, EDIF COMPANIA DE COMERCIO Y EXPORTA - SAN JUAN, PR 00918787-705-7188

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$505K

+23.5% from 2023

Total participants

0.0% from 2023

Average account balance

$20,200

+23.5% from 2023

Annual return

10.81%

+0.76 pp from 2023

Benchmarks

See 20,123 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort20,123 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$559K

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

118.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$62K

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

+10.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3193

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 codes2E2G2F2T3C

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.
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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$65K

$3111 / participant

Other / not subdivided$65K100.0%

% of EOY assets

12.938%

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

$20,200

$211,105-90.4%

$178,449-88.7%

$145,978-86.2%

Participation rate

100.0%

80.8%+19.2pp

77.1%+22.9pp

80.3%+19.7pp

Annual return

10.81%

30.19%-19.4pp

27.09%-16.3pp

550.52%-539.7pp

Employer contribution / active EE

$1,578

$4,569-65.5%

$3,951-60.1%

$4,662-66.2%

Participant deferral / active EE

$3,355

$6,959-51.8%

$6,277-46.5%

$6,690-49.8%

Admin fee / account holder

$2,613

$12,017-78.3%

$10,362-74.8%

$13,400-80.5%

LOCAL REDEVELOPMENT AUTHORITY FOR ROOSEVELT ROADS SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOCAL REDEVELOPMENT AUTHORITY FOR ROOSEVELT ROADS SAVINGS AND 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