Retirement plan

PACIFIC LANGHAM 401(K) PLAN

Name: PACIFIC LANDMARK LIMITED - PACIFIC LANGHAM 401(K) PLAN (2020) 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 2020

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

Prospect flagsLow returnsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$34.3M

-4.4% from 2019

Total participants

1,289

-22.3% from 2019

Average account balance

$35,351

+3.0% from 2019

Annual return

11.69%

-12.09 pp from 2019

Benchmarks

See 615 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort615 peers

Snapshot2020

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 3 by compensation

Provider	Service type	Compensation
MMA SECURITIES LLC4 years Service code 27 PO BOX 9497 · NEW YORK, NY 10087	Advisory (Plan)	$64,929
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$50,583
SAN DIEGO PENSION CONSULTANTS1 year Filed as: SAN DIEGO PENSION CONSULTANTS INC Service code 13 5628 COPLEY DR · SAN DIEGO, CA 92111	Contract Administrator	$1,200

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return 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

$117K

$189 / participant

Investment mgmt$66K56.7%
Contract admin$51K43.3%

% of EOY assets

0.340%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HEDMAN PARTNERS LLP
Auditor EIN: 844036357
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,351

$56,152-37.0%

$185,861-81.0%

$73,412-51.8%

Participation rate

48.5%

67.6%-19.1pp

78.0%-29.6pp

72.2%-23.7pp

Annual return

11.69%

17.59%-5.9pp

35.96%-24.3pp

59.30%-47.6pp

Employer contribution / active EE

$1,398

$1,532-8.7%

$4,088-65.8%

$2,234-37.4%

Participant deferral / active EE

$2,955

$3,659-19.3%

$5,634-47.6%

$3,806-22.4%

Admin fee / account holder

$120

$132-9.0%

$9,503-98.7%

$158-23.9%

Provider

Service type

Compensation

MMA SECURITIES LLC4 years

Service code 27

PO BOX 9497 · NEW YORK, NY 10087

Advisory (Plan)

$64,929

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$50,583

SAN DIEGO PENSION CONSULTANTS1 year

Filed as: SAN DIEGO PENSION CONSULTANTS INC

Service code 13

5628 COPLEY DR · SAN DIEGO, CA 92111

Contract Administrator

$1,200

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