Retirement plan

CAMMEBY'S INTERNATIONAL LTD 401(K) PLAN

Name: REMA HOLDINGS LLC - CAMMEBY'S INTERNATIONAL LTD 401(K) PLAN (2020) Form 5500
Creator: REMA HOLDINGS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAMMEBY'S INTERNATIONAL LTD 401(K) PLAN, REMA HOLDINGS LLC

REMA HOLDINGS LLCEIN 84-3557193Plan #001PY 2020

45 BROADWAY, 25TH FLOOR - NEW YORK, NY 10006212-509-9797

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$30.6M

No prior year

Total participants

582

No prior year

Average account balance

$96,370

No prior year

Annual return

15.81%

No prior year

Benchmarks

See 615 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort615 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$46.82M

Not enough data

1 years with asset history on file

Average account balance

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

$116K

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.

405

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.

41.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.32M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$125

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

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
UNITED PLANNERS FINANCIAL SERVICES1+ years Service code 55 · EIN 86-0588303	Other Commissions	$61,843
MARKS PANETH LLP1+ years Service code 10 · EIN 11-3518842	Accounting	$20,000
ELITE INSURANCE AGENCY INC1+ years Filed as: ELITE INSURANCE AGENCY, INC Service code 23 · EIN 13-3275143	Insurance services	$6,027
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Service code 37 · EIN 04-2647786	Loan Processing	$2,594

Plan features & details

Pension benefit codes2E2F2G2J2T3H3D

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$29K

$56 / participant

Other / not subdivided$29K100.0%

% of EOY assets

0.095%

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: MARKS PANETH LLP
Auditor EIN: 113518842
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$96,370

$56,152+71.6%

$185,861-48.1%

$73,412+31.3%

Participation rate

49.6%

67.6%-17.9pp

78.0%-28.4pp

72.2%-22.6pp

Annual return

15.81%

17.59%-1.8pp

35.96%-20.2pp

59.30%-43.5pp

Employer contribution / active EE

$641

$1,532-58.1%

$4,088-84.3%

$2,234-71.3%

Participant deferral / active EE

$3,485

$3,659-4.8%

$5,634-38.1%

$3,806-8.4%

Admin fee / account holder

$92

$132-30.5%

$9,503-99.0%

$158-41.9%

Provider

Service type

Compensation

UNITED PLANNERS FINANCIAL SERVICES1+ years

Service code 55 · EIN 86-0588303

Other Commissions

$61,843

MARKS PANETH LLP1+ years

Service code 10 · EIN 11-3518842

Accounting

$20,000

ELITE INSURANCE AGENCY INC1+ years

Filed as: ELITE INSURANCE AGENCY, INC

Service code 23 · EIN 13-3275143

Insurance services

$6,027

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Service code 37 · EIN 04-2647786

Loan Processing

$2,594

CAMMEBY'S INTERNATIONAL LTD 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAMMEBY'S INTERNATIONAL LTD 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