Retirement plan

YARDI SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Name: YARDI SYSTEMS, INC. - YARDI SYSTEMS, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: YARDI SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, YARDI SYSTEMS, INC. 401(K) PROFIT SHARING PLAN, YARDI SYSTEMS, INC.

YARDI SYSTEMS, INC.EIN 77-0049051Plan #002PY 2017

430 SOUTH FAIRVIEW AVE. - GOLETA, CA 93117805-699-2040schoonheidssalonamersfoort.nlLinkedIn5001-10000 employeescomputer software

Prospect flagsFailed to provide benefit

Top hat statement on fileNQDC

Filed August 28, 2023

Plan administrator

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430 S. Fairview

Goleta, CA 93117

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Plans declared (1)

Yardi Systems Nonqualified Deferred Compensation Plan150 emp

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Total assets (EOY)

$222.5M

-15.0% from 2016

Total participants

3,678

-8.4% from 2016

Average account balance

$62,007

-7.9% from 2016

Annual return

21.61%

-5.47 pp from 2016

Benchmarks

See 169 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants1,000-4,999

Cohort169 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$780.47M

Not enough data

1 years with asset history on file

Average account balance

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

$135K

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.

5,793

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.

98.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$86.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+16.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	$40,813
STRATEGIC ADVISORS, INC.3+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$35,043

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

1 tripped

ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.

Expense breakdown

Schedule H Part II

Admin total

$77K

$26 / participant

Investment mgmt$35K45.6%
Other / not subdivided$42K54.4%

% of EOY assets

0.034%

all-in expense ratio

Categories reported

1 / 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: NASIF, HICKS, HARRIS & CO., LLP
Auditor EIN: 770181453
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,007

$80,360-22.8%

$90,161-31.2%

$77,958-20.5%

Participation rate

97.0%

81.9%+15.1pp

76.9%+20.1pp

71.6%+25.3pp

Annual return

21.61%

24.56%-2.9pp

34.89%-13.3pp

20.87%+0.7pp

Employer contribution / active EE

$4,760

$2,326+104.6%

$3,318+43.4%

$2,310+106.0%

Participant deferral / active EE

$5,132

$5,829-12.0%

$5,287-2.9%

$3,537+45.1%

Admin fee / account holder

$21

$64-66.5%

$5,943-99.6%

$97-78.0%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

$40,813

STRATEGIC ADVISORS, INC.3+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$35,043

YARDI SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

YARDI SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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