Retirement plan

HOLT LUNSFORD COMMERCIAL, INC. 401K PLAN

Name: HOLT LUNSFORD COMMERCIAL, INC. - HOLT LUNSFORD COMMERCIAL, INC. 401K PLAN (2018) Form 5500
Creator: HOLT LUNSFORD COMMERCIAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOLT LUNSFORD COMMERCIAL, INC. 401K PLAN, HOLT LUNSFORD COMMERCIAL, INC.

HOLT LUNSFORD COMMERCIAL, INC.EIN 75-2439290Plan #001PY 2018

5950 BERKSHIRE LANE, SUITE 900 - DALLAS, TX 75225972-241-8300LinkedIn1-10 employeesreal estate

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$7.6M

+2.8% from 2017

Total participants

184

+6.4% from 2017

Average account balance

$51,028

-4.2% from 2017

Annual return

-7.29%

-23.65 pp from 2017

Benchmarks

See 957 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort957 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.41M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

144

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.

55.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$358

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE4+ years Service code 19 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Securities Custodian	$48,886
B RILEY WEALTH MANAGEMENT INC4+ years Filed as: RILEY HUTTO WEALTH MANAGEMENT LLC Service code 53 512 MAIN STREET STE 1400 · FORT WORTH, TX 76102	Insurance Commissions	$39,021
JP MORGAN INVESTMENT MANAGEMENT INC4+ years Filed as: MEEDER INVESTMENT MANAGEMENT Service code 28 6125 MEMORIAL DRIVE · DUBLIN, OH 43017	Investment Management	$17,458
INWEST RETIREMENT SOLUTIONS4+ years Service code 15 4305 N GARFIELD · MIDLAND, TX 79705	Recordkeeping	$10,973
SAVILLE DODGEN AND COMPANY PLLC4+ years Service code 10 700 NORTH PEARL ST STE 1100 · DALLAS, TX 75201	Accounting	$9,826

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

$106K

$679 / participant

Investment mgmt$56K53.3%
Contract admin$37K35.2%
Other / not subdivided$12K11.5%

% of EOY assets

1.402%

all-in expense ratio

Categories reported

2 / 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: PSK, LLP
Auditor EIN: 751486711
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,028

$48,576+5.0%

$169,452-69.9%

$56,287-9.3%

Participation rate

76.9%

65.8%+11.1pp

77.8%-0.9pp

69.9%+7.1pp

Annual return

-7.29%

-2.51%-4.8pp

1.83%-9.1pp

-9.96%+2.7pp

Employer contribution / active EE

$1,230

$1,559-21.1%

$4,157-70.4%

$2,111-41.7%

Participant deferral / active EE

$5,363

$3,275+63.8%

$5,277+1.6%

$3,350+60.1%

Admin fee / account holder

$715

$435+64.4%

$9,110-92.1%

$521+37.3%

Provider

Service type

Compensation

NATIONWIDE4+ years

Service code 19

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Securities Custodian

$48,886

B RILEY WEALTH MANAGEMENT INC4+ years

Filed as: RILEY HUTTO WEALTH MANAGEMENT LLC

Service code 53

512 MAIN STREET STE 1400 · FORT WORTH, TX 76102

Insurance Commissions

$39,021

JP MORGAN INVESTMENT MANAGEMENT INC4+ years

Filed as: MEEDER INVESTMENT MANAGEMENT

Service code 28

6125 MEMORIAL DRIVE · DUBLIN, OH 43017

Investment Management

$17,458

INWEST RETIREMENT SOLUTIONS4+ years

Service code 15

4305 N GARFIELD · MIDLAND, TX 79705

Recordkeeping

$10,973

SAVILLE DODGEN AND COMPANY PLLC4+ years

Service code 10

700 NORTH PEARL ST STE 1100 · DALLAS, TX 75201

Accounting

$9,826

HOLT LUNSFORD COMMERCIAL, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOLT LUNSFORD COMMERCIAL, INC. 401K 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