Retirement plan

WINTHROP CAPITAL ADVISORS LLC 401(K)PLAN

Name: WINTHROP CAPITAL ADVISORS LLC - WINTHROP CAPITAL ADVISORS LLC 401(K)PLAN (2020) Form 5500
Creator: WINTHROP CAPITAL ADVISORS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WINTHROP CAPITAL ADVISORS LLC 401(K)PLAN, WINTHROP CAPITAL ADVISORS LLC

WINTHROP CAPITAL ADVISORS LLCEIN 81-4158512Plan #002PY 2020

87 KILBY STREET, TWO LIBERTY SQUARE, 9TH FLOOR - BOSTON, MA 02109617-570-4600winthropreit.comLinkedIn11-50 employeescommercial real estate

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$24.2M

+14.0% from 2019

Total participants

265

-7.7% from 2019

Average account balance

$120,310

+20.8% from 2019

Annual return

12.93%

-9.99 pp from 2019

Benchmarks

See 1,006 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort1,006 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.28M

Not enough data

1 years with asset history on file

Average account balance

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

$356K

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.

172.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$776K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+13.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5095

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 3 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY2 years Filed as: JOHN HANCOCK RETIREMENT PLAN SERVIC Service code 15 · EIN 01-0233346	Recordkeeping	$30,649
COMMONWEALTH FINANCIAL NETWORK2 years Filed as: COMMONWEALTH FINANCIAL Service code 27 29 SAWYER ROAD · WALTHAM, MA 024533483	Advisory (Plan)	$24,663
THE ANGELL PENSION GROUP, INC.1 year Service code 99 88 BOYD AVENUE · EAST PROVIDENCE, RI 02914	Other Fees	$10,216

Plan features & details

Pension benefit codes2E2F2G2J2K2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$67K

$447 / participant

Other / not subdivided$67K100.0%

% of EOY assets

0.277%

all-in expense ratio

Categories reported

0 / 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: EISNERAMPER LLP
Auditor EIN: 131639826
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$120,310

$62,132+93.6%

$185,861-35.3%

$73,497+63.7%

Participation rate

57.3%

67.8%-10.5pp

78.0%-20.7pp

70.7%-13.3pp

Annual return

12.93%

20.44%-7.5pp

35.96%-23.0pp

28.51%-15.6pp

Employer contribution / active EE

$1,595

$1,681-5.2%

$4,088-61.0%

$2,270-29.8%

Participant deferral / active EE

$5,199

$3,711+40.1%

$5,634-7.7%

$3,740+39.0%

Admin fee / account holder

$334

$419-20.3%

$9,503-96.5%

$513-34.9%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY2 years

Filed as: JOHN HANCOCK RETIREMENT PLAN SERVIC

Service code 15 · EIN 01-0233346

Recordkeeping

$30,649

COMMONWEALTH FINANCIAL NETWORK2 years

Filed as: COMMONWEALTH FINANCIAL

Service code 27

29 SAWYER ROAD · WALTHAM, MA 024533483

Advisory (Plan)

$24,663

THE ANGELL PENSION GROUP, INC.1 year

Service code 99

88 BOYD AVENUE · EAST PROVIDENCE, RI 02914

Other Fees

$10,216

WINTHROP CAPITAL ADVISORS LLC 401(K)PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WINTHROP CAPITAL ADVISORS LLC 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