Retirement plan

FPI MANAGEMENT, INC. 401(K) PLAN

Name: FPI MANAGEMENT, INC. - FPI MANAGEMENT, INC. 401(K) PLAN (2021) Form 5500
Creator: FPI MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FPI MANAGEMENT, INC. 401(K) PLAN, FPI MANAGEMENT, INC.

FPI MANAGEMENT, INC.EIN 68-0217638Plan #002PY 2021

800 IRON POINT ROAD - FOLSOM, CA 95630916-357-5300fpimgt.comLinkedIn1001-5000 employeesreal estate

Prospect flagsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$16.3M

+24.0% from 2020

Total participants

2,371

-1.0% from 2020

Average account balance

$26,434

+13.4% from 2020

Annual return

15.72%

-1.63 pp from 2020

Benchmarks

See 114 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants1,000-4,999

Cohort114 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.18M

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

1,383

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.

22.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$814

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

+17.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13

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 6 by compensation

Provider	Service type	Compensation
NATIONWIDE7+ years Service code 13 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$111,767
CETERA ADVISOR NETWORKS LLC6 years Filed as: CETERA RETIREMENT PLAN SPECIALISTS Service code 13 · EIN 94-3324288 PO BOX 303 · ST CLOUD, MN 56302	Contract Administrator	$13,050
IRON-CO-FID-COMPREHENSIVE7+ years Filed as: IRON-CO-FID-INDEX-COMPREHENSIVE Service code 33 · EIN 26-2409128 5440 W 110TH ST · SHAWNEE MISSION, KS 66211	Securities brokerage	$7,410
NATIONWIDE7+ years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 13 · EIN 31-4156830 10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215	Contract Administrator	$1,482
TD AMERITRADE, INC.7+ years Filed as: TD AMERITRADE Service code 13 4211 S. 102ND ST · OMAHA, NE 68127	Contract Administrator	$18
LPL FINANCIAL7+ years Filed as: LPL FINANCIAL, LLC Service code 13	Contract Administrator	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$22K

$10 / participant

Investment mgmt$22K100.0%

% of EOY assets

0.137%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,434

$53,512-50.6%

$189,597-86.1%

$93,010-71.6%

Participation rate

19.1%

67.3%-48.2pp

78.4%-59.3pp

73.9%-54.8pp

Annual return

15.72%

20.32%-4.6pp

64.20%-48.5pp

158.70%-143.0pp

Employer contribution / active EE

$1,429-100.0%

$4,412-100.0%

$2,705-100.0%

Participant deferral / active EE

$843

$3,748-77.5%

$6,174-86.4%

$4,561-81.5%

Admin fee / account holder

$36

$95-61.9%

$9,807-99.6%

$152-76.1%

Provider

Service type

Compensation

NATIONWIDE7+ years

Service code 13 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$111,767

CETERA ADVISOR NETWORKS LLC6 years

Filed as: CETERA RETIREMENT PLAN SPECIALISTS

Service code 13 · EIN 94-3324288

PO BOX 303 · ST CLOUD, MN 56302

Contract Administrator

$13,050

IRON-CO-FID-COMPREHENSIVE7+ years

Filed as: IRON-CO-FID-INDEX-COMPREHENSIVE

Service code 33 · EIN 26-2409128

5440 W 110TH ST · SHAWNEE MISSION, KS 66211

Securities brokerage

$7,410

NATIONWIDE7+ years

Filed as: NATIONWIDE LIFE INSURANCE COMPANY

Service code 13 · EIN 31-4156830

10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215

Contract Administrator

$1,482

TD AMERITRADE, INC.7+ years

Filed as: TD AMERITRADE

Service code 13

4211 S. 102ND ST · OMAHA, NE 68127

Contract Administrator

$18

LPL FINANCIAL7+ years

Filed as: LPL FINANCIAL, LLC

Service code 13

Contract Administrator

FPI MANAGEMENT, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FPI MANAGEMENT, 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