Retirement plan

ROYAL T MANAGEMENT 401(K) RETIREMENT SAVINGS PLAN

Name: ROYAL T MANAGEMENT - ROYAL T MANAGEMENT 401(K) RETIREMENT SAVINGS PLAN (2019) Form 5500
Creator: ROYAL T MANAGEMENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROYAL T MANAGEMENT 401(K) RETIREMENT SAVINGS PLAN, ROYAL T MANAGEMENT

ROYAL T MANAGEMENTEIN 77-0168810Plan #001PY 2019

7419 N. CEDAR AVENUE, SUITE 102 - FRESNO, CA 93720559-447-9887royaltmanagement.comLinkedIn51-200 employeesreal estate

Prospect flagsLow participationLow employer contributionLow participant contributionLow fidelity bondFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$2.5M

No prior year

Total participants

132

No prior year

Average account balance

$31,357

No prior year

Annual return

22.28%

No prior year

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

$3.02M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

70.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$228K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$211

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
NATIONWIDE1+ years Filed as: NATIONWIDE LIFE INSURANCE CO. Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$32,243
ALL VALLEY ADMINISTRATORS, LLC1+ years Filed as: ALL VALLEY ADMINISTRATORS LLC Service code 13 · EIN 77-0536417 7525 N CEDAR AVE · FRESNO, CA 93720	Contract Administrator	$2,650
IRON-CO-FID-COMPREHENSIVE1+ years Service code 27 · EIN 26-2409128 630 DUNDEE RD · NORTHBROOK, IL 60062	Advisory (Plan)	$1,853
BROKERS INTERNATIONAL FINANCIAL SER1+ years Filed as: BROKERS INTERNATIONAL FINANCIAL Service code 27 · EIN 20-3749442 4135 URBANDALE DR. · URBANDALE, IA 50322	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

6 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WATTS, CAMPBELL, CHI & BAKER
Auditor EIN: 770475399
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,357

$56,918-44.9%

$182,540-82.8%

$65,185-51.9%

Participation rate

55.2%

66.5%-11.3pp

78.0%-22.8pp

70.2%-15.0pp

Annual return

22.28%

27.67%-5.4pp

148.58%-126.3pp

29.38%-7.1pp

Employer contribution / active EE

$210

$1,615-87.0%

$4,076-94.8%

$2,177-90.4%

Participant deferral / active EE

$1,314

$3,526-62.7%

$5,525-76.2%

$3,514-62.6%

Admin fee / account holder

$531-100.0%

$8,593-100.0%

$847-100.0%

Provider

Service type

Compensation

NATIONWIDE1+ years

Filed as: NATIONWIDE LIFE INSURANCE CO.

Service code 15 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$32,243

ALL VALLEY ADMINISTRATORS, LLC1+ years

Filed as: ALL VALLEY ADMINISTRATORS LLC

Service code 13 · EIN 77-0536417

7525 N CEDAR AVE · FRESNO, CA 93720

Contract Administrator

$2,650

IRON-CO-FID-COMPREHENSIVE1+ years

Service code 27 · EIN 26-2409128

630 DUNDEE RD · NORTHBROOK, IL 60062

Advisory (Plan)

$1,853

BROKERS INTERNATIONAL FINANCIAL SER1+ years

Filed as: BROKERS INTERNATIONAL FINANCIAL

Service code 27 · EIN 20-3749442

4135 URBANDALE DR. · URBANDALE, IA 50322

Advisory (Plan)

ROYAL T MANAGEMENT 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ROYAL T MANAGEMENT 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion