Retirement plan

PACIFIC LANGHAM 401(K) PLAN

Name: PACIFIC LANDMARK LIMITED - PACIFIC LANGHAM 401(K) PLAN (2019) Form 5500
Creator: PACIFIC LANDMARK LIMITED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACIFIC LANGHAM 401(K) PLAN, PACIFIC LANDMARK LIMITED

PACIFIC LANDMARK LIMITEDEIN 94-3287553Plan #001PY 2019

58 TEHAMA STREET - SAN FRANCISCO, CA 94105415-780-7303pacific-landmark.comLinkedIn11-50 employees

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$35.9M

+21.1% from 2018

Total participants

1,660

-12.2% from 2018

Average account balance

$34,313

+5.6% from 2018

Annual return

23.78%

+29.80 pp from 2018

Benchmarks

See 109 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants1,000-4,999

Cohort109 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$50.86M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

969

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.

49.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.12M

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

+15.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$183

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
PACIFIC HUNTINGTON HOTEL CORPORATIO1 year Service code 99 201 CALIFORNIA ST STE 500 · SAN FRANCISCO, CA 94111	Other Fees	$108,534
MMA SECURITIES LLC3 years Service code 27 PO BOX 9497 · NEW YORK, NY 10087	Advisory (Plan)	$64,084
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$45,334
SAN DIEGO PENSION CONSULTANTS2 years Filed as: SAN DIEGO PENSION CONSULTANTS, INC. Service code 13 5628 COPLEY DRIVE · SAN DIEGO, CA 92111	Contract Administrator	$23,307

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H2T

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.
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.
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

$234K

$191 / participant

Investment mgmt$188K80.6%
Contract admin$45K19.4%

% of EOY assets

0.651%

all-in expense ratio

Categories reported

2 / 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: HEDMAN PARTNERS
Auditor EIN: 944485080
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,313

$48,072-28.6%

$182,558-81.2%

$77,775-55.9%

Participation rate

49.8%

64.3%-14.5pp

78.0%-28.2pp

73.2%-23.5pp

Annual return

23.78%

31.26%-7.5pp

148.59%-124.8pp

32.58%-8.8pp

Employer contribution / active EE

$1,321

$1,453-9.1%

$4,076-67.6%

$2,504-47.3%

Participant deferral / active EE

$2,614

$3,209-18.6%

$5,526-52.7%

$3,966-34.1%

Admin fee / account holder

$223

$131+70.0%

$8,594-97.4%

$100+123.3%

Provider

Service type

Compensation

PACIFIC HUNTINGTON HOTEL CORPORATIO1 year

Service code 99

201 CALIFORNIA ST STE 500 · SAN FRANCISCO, CA 94111

Other Fees

$108,534

MMA SECURITIES LLC3 years

Service code 27

PO BOX 9497 · NEW YORK, NY 10087

Advisory (Plan)

$64,084

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$45,334

SAN DIEGO PENSION CONSULTANTS2 years

Filed as: SAN DIEGO PENSION CONSULTANTS, INC.

Service code 13

5628 COPLEY DRIVE · SAN DIEGO, CA 92111

Contract Administrator

$23,307

PACIFIC LANGHAM 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PACIFIC LANGHAM 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