Retirement plan

CLUB CAL NEVA 401(K) PLAN

Name: SIERRA DEVELOPMENT COMPANY - CLUB CAL NEVA 401(K) PLAN (2024) Form 5500
Creator: SIERRA DEVELOPMENT COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLUB CAL NEVA 401(K) PLAN, SIERRA DEVELOPMENT COMPANY

SIERRA DEVELOPMENT COMPANYEIN 88-0089063Plan #003PY 2024

P.O. BOX 2071 - RENO, NV 89509775-785-3250

Prospect flagsLow employer contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$3M

+6.3% from 2023

Total participants

290

-5.5% from 2023

Average account balance

$12,489

+12.0% from 2023

Annual return

12.39%

-0.23 pp from 2023

Benchmarks

See 1,440 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort1,440 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$3.03M

Not enough data

1 years with asset history on file

Average account balance

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

$12K

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.

243

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.

78.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$144K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$652

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

+12.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$297

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

See the 7-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 4 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS3 years Filed as: TRANSAMERICA RETRMNT SOLUTIONS, LLC Service code 15 · EIN 13-3689044	Recordkeeping	$41,099
FRSCPA, PLLC1 year Service code 10 · EIN 59-2482214 1301 66TH STREET N. · ST. PETERSBURG, FL 33710	Accounting	$8,500
CETERA ADVISOR NETWORKS LLC7+ years Filed as: CETERA RETIREMENT PLAN SPECIALISTS Service code 15 · EIN 94-2279761	Recordkeeping	$8,113
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY Service code 27 · EIN 26-4310632	Advisory (Plan)	$6,061

Plan features & details

Pension benefit codes2A2E2F2G2J2K3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$72K

$328 / participant

Recordkeeping$58K79.8%
Investment mgmt$6K8.4%
Other / not subdivided$9K11.8%

% of EOY assets

2.381%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: KELLY PARTNERS (FRS) ATTEST SERVICE
Auditor EIN: 994124805
Audit fees: $8,500
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,489

$34,934-64.2%

$56,411-77.9%

$74,495-83.2%

Participation rate

78.6%

32.8%+45.8pp

52.5%+26.2pp

67.2%+11.4pp

Annual return

12.39%

25.94%-13.5pp

1701.33%-1688.9pp

1364.94%-1352.6pp

Employer contribution / active EE

$609-100.0%

$1,039-100.0%

$2,623-100.0%

Participant deferral / active EE

$652

$1,170-44.3%

$1,952-66.6%

$4,346-85.0%

Admin fee / account holder

$297

$2,364-87.4%

$2,829-89.5%

$1,942-84.7%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS3 years

Filed as: TRANSAMERICA RETRMNT SOLUTIONS, LLC

Service code 15 · EIN 13-3689044

Recordkeeping

$41,099

FRSCPA, PLLC1 year

Service code 10 · EIN 59-2482214

1301 66TH STREET N. · ST. PETERSBURG, FL 33710

Accounting

$8,500

CETERA ADVISOR NETWORKS LLC7+ years

Filed as: CETERA RETIREMENT PLAN SPECIALISTS

Service code 15 · EIN 94-2279761

Recordkeeping

$8,113

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY

Service code 27 · EIN 26-4310632

Advisory (Plan)

$6,061

CLUB CAL NEVA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLUB CAL NEVA 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