Retirement plan

CITY VENTURES COMMUNITIES, LLC 401(K) PROFIT SHARING PLAN

Name: CITY VENTURES COMMUNITIES, LLC - CITY VENTURES COMMUNITIES, LLC 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: CITY VENTURES COMMUNITIES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CITY VENTURES COMMUNITIES, LLC 401(K) PROFIT SHARING PLAN, CITY VENTURES COMMUNITIES, LLC

CITY VENTURES COMMUNITIES, LLCEIN 90-0609362Plan #001PY 2018

3121 MICHELSON DRIVE, SUITE 150 - IRVINE, CA 92612949-258-7519LinkedIn11-50 employeesreal estate

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7.5M

+17.0% from 2017

Total participants

159

+4.6% from 2017

Average account balance

$58,738

+9.6% from 2017

Annual return

-0.73%

-17.82 pp from 2017

Benchmarks

See 2,759 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,759 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.00M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

174

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.

92.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.26M

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

+15.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$328

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 3 by compensation

Provider	Service type	Compensation
INDEPENDENT FINANCIAL PARTNERS1 year Service code 27 · EIN 46-0615386	Advisory (Plan)	$16,876
WELLS FARGO BANK, N.A.1 year Service code 15 · EIN 94-1347393	Recordkeeping	$12,263
PRINCIPAL LIFE INSURANCE COMPANY3 years Service code 13 · EIN 42-0127290	Contract Administrator	$9,096

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$25K

$198 / participant

Other / not subdivided$25K100.0%

% of EOY assets

0.334%

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: TALLEY LLP
Auditor EIN: 330689542
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$58,738

$55,449+5.9%

$83,831-29.9%

$56,289+4.4%

Participation rate

74.6%

68.0%+6.6pp

76.1%-1.5pp

69.9%+4.8pp

Annual return

-0.73%

-1.38%+0.7pp

850.99%-851.7pp

-9.96%+9.2pp

Employer contribution / active EE

$5,761

$2,430+137.0%

$3,631+58.7%

$2,111+172.9%

Participant deferral / active EE

$7,520

$2,935+156.2%

$4,082+84.2%

$3,350+124.5%

Admin fee / account holder

$196

$656-70.1%

$5,479-96.4%

$521-62.3%

Provider

Service type

Compensation

INDEPENDENT FINANCIAL PARTNERS1 year

Service code 27 · EIN 46-0615386

Advisory (Plan)

$16,876

WELLS FARGO BANK, N.A.1 year

Service code 15 · EIN 94-1347393

Recordkeeping

$12,263

PRINCIPAL LIFE INSURANCE COMPANY3 years

Service code 13 · EIN 42-0127290

Contract Administrator

$9,096

CITY VENTURES COMMUNITIES, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CITY VENTURES COMMUNITIES, 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