Retirement plan

EMPLOYEE BENEFIT PLAN OF BOWLES PROPERTIES, INC.

Name: BOWLES PROPERTIES, INC. - EMPLOYEE BENEFIT PLAN OF BOWLES PROPERTIES, INC. (2019) Form 5500
Creator: BOWLES PROPERTIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF BOWLES PROPERTIES, INC., BOWLES PROPERTIES, INC.

BOWLES PROPERTIES, INC.EIN 75-1560191Plan #001PY 2019

PO BOX 3147 - LONGVIEW, TX 756063147903-753-7061

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+4.6% from 2018

Total participants

+16.7% from 2018

Average account balance

$37,753

-16.9% from 2018

Annual return

117.22%

+120.99 pp from 2018

Benchmarks

See 15,857 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort15,857 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.27M

Not enough data

1 years with asset history on file

Average account balance

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

$174K

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.

325.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$22K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6009

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 codes2F2G2T3D

Plan features

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.4M

$156622 / participant

Other / not subdivided$1M100.0%

% of EOY assets

109.816%

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

$37,753

$226,105-83.3%

$182,540-79.3%

$152,897-75.3%

Participation rate

88.9%

82.5%+6.4pp

78.0%+10.9pp

82.5%+6.4pp

Annual return

117.22%

192.58%-75.4pp

148.58%-31.4pp

345.43%-228.2pp

Employer contribution / active EE

$1,408

$4,978-71.7%

$4,076-65.4%

$4,764-70.4%

Participant deferral / active EE

$1,687

$6,370-73.5%

$5,525-69.5%

$5,851-71.2%

Admin fee / account holder

$41,459

$10,706+287.3%

$8,593+382.5%

$11,599+257.4%

EMPLOYEE BENEFIT PLAN OF BOWLES PROPERTIES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF BOWLES PROPERTIES, INC.

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