Retirement plan

STALEY POINT INVESTMENT MANAGER, LLC 401(K) PROFIT SHARING PLAN

Name: STALEY POINT INVESTMENT MANAGER, LLC - STALEY POINT INVESTMENT MANAGER, LLC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: STALEY POINT INVESTMENT MANAGER, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STALEY POINT INVESTMENT MANAGER, LLC 401(K) PROFIT SHARING PLAN, STALEY POINT INVESTMENT MANAGER, LLC

STALEY POINT INVESTMENT MANAGER, LLCEIN 85-3359811Plan #001PY 2024

11150 SANTA MONICA BOULEVARD, SUITE 700 - LOS ANGELES, CA 90025310-929-8092

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$456K

-5.1% from 2023

Total participants

+33.3% from 2023

Average account balance

$65,198

-5.1% from 2023

Annual return

8.92%

-2517.31 pp from 2023

Benchmarks

See 20,063 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort20,063 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$456K

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

70.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$24K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+8.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13899

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 codes2E2F2G2J2T3D3H

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.
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

$97K

$9729 / participant

Other / not subdivided$97K100.0%

% of EOY assets

21.318%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$65,198

$211,288-69.1%

$178,540-63.5%

$145,884-55.3%

Participation rate

50.0%

80.8%-30.8pp

77.1%-27.1pp

80.3%-30.3pp

Annual return

8.92%

30.27%-21.4pp

27.15%-18.2pp

551.85%-542.9pp

Employer contribution / active EE

$623

$4,574-86.4%

$3,953-84.3%

$4,662-86.6%

Participant deferral / active EE

$1,787

$6,967-74.4%

$6,281-71.6%

$6,690-73.3%

Admin fee / account holder

$13,899

$12,105+14.8%

$10,424+33.3%

$13,392+3.8%

STALEY POINT INVESTMENT MANAGER, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STALEY POINT INVESTMENT MANAGER, LLC 401(K) PROFIT SHARING 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