Retirement plan

HOLT LUNSFORD COMMERICAL, INC. 401(K) PLAN

Name: HOLT LUNSFORD COMMERICAL, INC. - HOLT LUNSFORD COMMERICAL, INC. 401(K) PLAN (2019) Form 5500
Creator: HOLT LUNSFORD COMMERICAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOLT LUNSFORD COMMERICAL, INC. 401(K) PLAN, HOLT LUNSFORD COMMERICAL, INC.

HOLT LUNSFORD COMMERICAL, INC.EIN 75-2439290Plan #001PY 2019

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)

$9.7M

+28.3% from 2018

Total participants

181

-1.6% from 2018

Average account balance

$63,340

+24.1% from 2018

Annual return

20.80%

+28.09 pp from 2018

Benchmarks

See 991 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort991 peers

Snapshot2019

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 6 by compensation

Provider	Service type	Compensation
NATIONWIDE5+ years Service code 13 · EIN 31-4156830	Contract Administrator	$51,011
RILEY WEALTH ADVISORS LLC1 year Service code 53 · EIN 26-0879805	Insurance Commissions	$21,937
JP MORGAN INVESTMENT MANAGEMENT INC5+ years Filed as: MEEDER INVESTMENT MANAGEMENT Service code 28 · EIN 31-1332744	Investment Management	$20,490
INWEST RETIREMENT SOLUTIONS5+ years Service code 15 · EIN 75-2408441	Recordkeeping	$14,838
PSK LLP1 year Service code 10 3001 MEDLIN DRIVE · ARLINTON, TX 760152368	Accounting	$7,500
RBC WEALTH MANAGEMENT1 year Filed as: RBC CAPITAL MARKETS CORP LLC Service code 53 · EIN 41-1416330	Insurance Commissions	$5,731

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

$103K

$666 / participant

Investment mgmt$52K50.3%
Contract admin$14K13.8%
Other / not subdivided$37K35.9%

% of EOY assets

1.058%

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

$63,340

$56,918+11.3%

$182,531-65.3%

$65,185-2.8%

Participation rate

81.8%

66.5%+15.3pp

78.0%+3.8pp

70.2%+11.6pp

Annual return

20.80%

27.67%-6.9pp

148.57%-127.8pp

29.38%-8.6pp

Employer contribution / active EE

$1,369

$1,615-15.2%

$4,075-66.4%

$2,177-37.1%

Participant deferral / active EE

$5,237

$3,526+48.5%

$5,525-5.2%

$3,514+49.0%

Admin fee / account holder

$670

$531+26.1%

$8,593-92.2%

$847-20.9%

Provider

Service type

Compensation

NATIONWIDE5+ years

Service code 13 · EIN 31-4156830

Contract Administrator

$51,011

RILEY WEALTH ADVISORS LLC1 year

Service code 53 · EIN 26-0879805

Insurance Commissions

$21,937

JP MORGAN INVESTMENT MANAGEMENT INC5+ years

Filed as: MEEDER INVESTMENT MANAGEMENT

Service code 28 · EIN 31-1332744

Investment Management

$20,490

INWEST RETIREMENT SOLUTIONS5+ years

Service code 15 · EIN 75-2408441

Recordkeeping

$14,838

PSK LLP1 year

Service code 10

3001 MEDLIN DRIVE · ARLINTON, TX 760152368

Accounting

$7,500

RBC WEALTH MANAGEMENT1 year

Filed as: RBC CAPITAL MARKETS CORP LLC

Service code 53 · EIN 41-1416330

Insurance Commissions

$5,731

HOLT LUNSFORD COMMERICAL, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOLT LUNSFORD COMMERICAL, 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