Retirement plan

INSIDE REAL ESTATE 401(K) PLAN

Name: INSIDERE, LLC - INSIDE REAL ESTATE 401(K) PLAN (2023) Form 5500
Creator: INSIDERE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INSIDE REAL ESTATE 401(K) PLAN, INSIDERE, LLC

INSIDERE, LLCEIN 81-4019017Plan #001PY 2023

434 WEST ASCENSION WAY, SUITE 110 - SALT LAKE CITY, UT 84123801-703-1625

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$5.4M

+61.0% from 2022

Total participants

376

+13.3% from 2022

Average account balance

$25,677

+48.7% from 2022

Annual return

22.29%

+40.52 pp from 2022

Benchmarks

See 657 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort657 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-99.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
JP MORGAN INVESTMENT MANAGEMENT INC5 years Filed as: INVESTMENT MANAGEMENT CONSULTANTS Service code 17 6465 SOUTH 3000 EAST · SALT LAKE CITY, UT 84121	Pension Consulting	$33,726
DIGITAL RETIREMENT SOLUTIONS, INC.3 years Service code 12 · EIN 84-1477138	Recordkeeping fees; Participant loan ...	$4,489
JULY BUSINESS SERVICES1 year Filed as: JULY BUSINESS SERVICES LLC Service code 15 · EIN 74-2715820 P.O. BOX 2208 · WACO, TX 76703	Recordkeeping	$995
NEWPORT GROUP, INC.3 years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 · EIN 20-1591048	Custodial (other than securities); Fl...	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$39K

$115 / participant

Recordkeeping$9952.5%
Investment mgmt$34K86.0%
Contract admin$4K11.4%

% of EOY assets

0.731%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: TANNER LLC
Auditor EIN: 202253063
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,677

$56,638-54.7%

$169,390-84.8%

$74,460-65.5%

Participation rate

50.9%

67.5%-16.6pp

77.2%-26.3pp

70.7%-19.9pp

Annual return

22.29%

24.75%-2.5pp

406.07%-383.8pp

34.38%-12.1pp

Employer contribution / active EE

$1,318

$2,027-35.0%

$4,013-67.2%

$2,638-50.0%

Participant deferral / active EE

$3,347

$4,223-20.7%

$6,222-46.2%

$4,530-26.1%

Admin fee / account holder

$188

$307-38.8%

$9,015-97.9%

$348-46.1%

Provider

Service type

Compensation

JP MORGAN INVESTMENT MANAGEMENT INC5 years

Filed as: INVESTMENT MANAGEMENT CONSULTANTS

Service code 17

6465 SOUTH 3000 EAST · SALT LAKE CITY, UT 84121

Pension Consulting

$33,726

DIGITAL RETIREMENT SOLUTIONS, INC.3 years

Service code 12 · EIN 84-1477138

Recordkeeping fees; Participant loan ...

$4,489

JULY BUSINESS SERVICES1 year

Filed as: JULY BUSINESS SERVICES LLC

Service code 15 · EIN 74-2715820

P.O. BOX 2208 · WACO, TX 76703

Recordkeeping

$995

NEWPORT GROUP, INC.3 years

Filed as: MATRIX FINANCIAL SOLUTIONS, INC.

Service code 18 · EIN 20-1591048

Custodial (other than securities); Fl...

INSIDE REAL ESTATE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INSIDE REAL ESTATE 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