Retirement plan

ORION REAL ESTATE SERVICES, INC. 401K PLAN

Name: ORION REAL ESTATE SERVICES, INC. - ORION REAL ESTATE SERVICES, INC. 401K PLAN (2022) Form 5500
Creator: ORION REAL ESTATE SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORION REAL ESTATE SERVICES, INC. 401K PLAN, ORION REAL ESTATE SERVICES, INC.

ORION REAL ESTATE SERVICES, INC.EIN 76-0156150Plan #001PY 2022

2051 GREENHOUSE RD, STE 300 - HOUSTON, TX 77084713-622-5844LinkedIn1-10 employees

Prospect flagsLow returnsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.9M

-14.8% from 2021

Total participants

683

+8.4% from 2021

Average account balance

$12,613

-21.3% from 2021

Annual return

-18.61%

-30.57 pp from 2021

Benchmarks

See 645 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort645 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.09M

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

999

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.

66.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+15.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$121

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 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL4 years Service code 60 · EIN 04-2647786	Sub-TA Fees	$43,709
SAGEPOINT FINANCIAL INC4 years Service code 27 · EIN 20-1741754	Advisory (Plan)	$21,871
BKD, LLP4 years Filed as: LAPORTE, APAC Service code 10 · EIN 72-1088864	Accounting	$16,500

Plan features & details

Pension benefit codes2F2G2J2K2S2E2T3H3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$85K

$160 / participant

Investment mgmt$3K3.8%
Other / not subdivided$82K96.2%

% of EOY assets

1.076%

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: BAKER TILLY US, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,613

$50,458-75.0%

$160,009-92.1%

$64,819-80.5%

Participation rate

89.9%

68.0%+21.9pp

78.0%+11.9pp

71.5%+18.4pp

Annual return

-18.61%

-13.42%-5.2pp

408.85%-427.5pp

32.84%-51.5pp

Employer contribution / active EE

$524

$1,722-69.6%

$4,225-87.6%

$2,507-79.1%

Participant deferral / active EE

$2,835

$4,004-29.2%

$6,183-54.2%

$4,311-34.2%

Admin fee / account holder

$136

$706-80.8%

$8,715-98.4%

$188-27.8%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL4 years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$43,709

SAGEPOINT FINANCIAL INC4 years

Service code 27 · EIN 20-1741754

Advisory (Plan)

$21,871

BKD, LLP4 years

Filed as: LAPORTE, APAC

Service code 10 · EIN 72-1088864

Accounting

$16,500

ORION REAL ESTATE SERVICES, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORION REAL ESTATE SERVICES, 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