Retirement plan

RIALTO ASSOCIATE SERVICES, LLC 401(K) PLAN

Name: RIALTO MANAGEMENT GROUP, LLC - RIALTO ASSOCIATE SERVICES, LLC 401(K) PLAN (2024) Form 5500
Creator: RIALTO MANAGEMENT GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RIALTO ASSOCIATE SERVICES, LLC 401(K) PLAN, RIALTO MANAGEMENT GROUP, LLC

RIALTO MANAGEMENT GROUP, LLCEIN 83-1423160Plan #001PY 2024

200 S BISCAYNE BLVD, SUITE 3550 - MIAMI, FL 33131305-229-6570LinkedIn201-500 employeesreal estate

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed August 25, 2021

Plan administrator

Plan administrator name— Sign in and upgrade to view

790 NW 107th Avenue Suite 400

Miami, FL 33172

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Plans declared (1)

Rialto Management Group, LLC Deferred Compensation Supplemental Executive Retirement Plan53 emp

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Total assets (EOY)

$56M

+26.5% from 2023

Total participants

414

+8.9% from 2023

Average account balance

$145,536

+13.3% from 2023

Annual return

20.77%

-2.18 pp from 2023

Benchmarks

See 1,547 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,547 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$56.03M

Not enough data

1 years with asset history on file

Average account balance

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

$146K

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.

385

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.

90.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.66M

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

+20.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$126

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 3 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.4 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$42,212
CHARLES SCHWAB & CO., INC.4 years Service code 33 · EIN 94-1737782	Securities brokerage; Float revenue; ...	$54
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO.,INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$48K

$153 / participant

Recordkeeping$37K75.6%
Investment mgmt$11K23.5%
Contract admin$4270.9%

% of EOY assets

0.086%

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: BERKOWITZ POLLACK BRANT
Auditor EIN: 592742314
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$145,536

$129,227+12.6%

$184,256-21.0%

$77,762+87.2%

Participation rate

90.9%

87.4%+3.5pp

86.8%+4.0pp

70.6%+20.3pp

Annual return

20.77%

33.24%-12.5pp

28.85%-8.1pp

31.27%-10.5pp

Employer contribution / active EE

$4,543

$4,412+3.0%

$6,427-29.3%

$2,728+66.5%

Participant deferral / active EE

$13,309

$7,307+82.1%

$9,133+45.7%

$4,651+186.2%

Admin fee / account holder

$126

$256-50.9%

$13,899-99.1%

$433-71.0%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.4 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$42,212

CHARLES SCHWAB & CO., INC.4 years

Service code 33 · EIN 94-1737782

Securities brokerage; Float revenue; ...

$54

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO.,INC. AND AFFIL

Service code 59

Shareholder Servicing

RIALTO ASSOCIATE SERVICES, LLC 401(K) 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

RIALTO ASSOCIATE SERVICES, LLC 401(K) 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