Retirement plan

NORMAN JACOBSON REALTY RESOURCES, INC 401K PLAN

Name: JACOBSON PROPERTY MANAGEMENT, INC - NORMAN JACOBSON REALTY RESOURCES, INC 401K PLAN (2020) Form 5500
Creator: JACOBSON PROPERTY MANAGEMENT, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORMAN JACOBSON REALTY RESOURCES, INC 401K PLAN, JACOBSON PROPERTY MANAGEMENT, INC

JACOBSON PROPERTY MANAGEMENT, INCEIN 84-4938600Plan #005PY 2020

12121 WILSHIRE BLVD, SUITE 700 - LOS ANGELES, CA 90025310-479-6900

Other plans on this EIN

2 filings

#003Retirement-$943K assets #004Retirement-$38K assets

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$193K

No prior year

Total participants

No prior year

Average account balance

$96,368

No prior year

Annual return

39.84%

No prior year

Benchmarks

See 16,000 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort16,000 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$455K

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$76K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+35.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$973

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$96,368

$228,395-57.8%

$185,861-48.2%

$158,982-39.4%

Participation rate

100.0%

82.3%+17.7pp

78.0%+22.0pp

82.0%+18.0pp

Annual return

39.84%

40.82%-1.0pp

35.96%+3.9pp

302.99%-263.2pp

Employer contribution / active EE

$4,968-100.0%

$4,088-100.0%

$4,763-100.0%

Participant deferral / active EE

$2,859

$6,417-55.4%

$5,634-49.3%

$5,983-52.2%

Admin fee / account holder

-$86,000

$11,869-824.6%

$9,503-1004.9%

$11,252-864.3%

NORMAN JACOBSON REALTY RESOURCES, INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORMAN JACOBSON REALTY RESOURCES, INC 401K 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