Retirement plan

CALIFORNIA ASSOCIATION OF REALTORS PROFIT SHARING PLAN

Name: CALIFORNIA ASSOCIATION OF REALTORS - CALIFORNIA ASSOCIATION OF REALTORS PROFIT SHARING PLAN (2018) Form 5500
Creator: CALIFORNIA ASSOCIATION OF REALTORS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALIFORNIA ASSOCIATION OF REALTORS PROFIT SHARING PLAN, CALIFORNIA ASSOCIATION OF REALTORS

CALIFORNIA ASSOCIATION OF REALTORSEIN 95-0594790Plan #005PY 2018

525 SOUTH VIRGIL AVENUE - LOS ANGELES, CA 90020213-739-8220car.orgLinkedIn51-200 employeesreal estate

Prospect flagsHigh feesHigh assets / participantFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed January 6, 2017 (most recent of 2 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

525 S. Virgil Ave.

Los Angeles State: CA Zip Code: 90020

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

California Association of REALTORS 457(b) Deferred Compensation Plan3 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$47.9M

-4.5% from 2017

Total participants

171

-2.3% from 2017

Average account balance

$290,326

-4.5% from 2017

Annual return

-4.84%

-20.28 pp from 2017

Benchmarks

See 957 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort957 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$67.47M

Not enough data

1 years with asset history on file

Average account balance

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

$395K

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.

171

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.

91.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.84M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$29K

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

+13.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$510

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 7 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS4+ years Service code 12 · EIN 13-3689044	Claims processing; Direct payment fro...	$58,924
FUNDX INVESTMENT GROUP LLC4+ years Service code 33 · EIN 94-3271777	Securities brokerage commissions and ...	$27,061
INDEPENDANT FINANCIAL PARTNERS1 year Service code 16 · EIN 59-3331424	Consulting	$18,000
ARMANINO LLP4+ years Service code 10 · EIN 94-6214841	Accounting	$12,180
SEYFARTH SHAW LLP1 year Service code 29 · EIN 36-2152202	Legal	$5,936
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB & CO, INC. Service code 33 · EIN 94-1737782	Securities brokerage; Securities brok...	$2,869
NATIONAL FINANCIAL SERVICES4+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2F2G2R2T2E2J

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

4 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$96K

$760 / participant

Investment mgmt$18K18.8%
Other / not subdivided$78K81.2%

% of EOY assets

0.200%

all-in expense ratio

Categories reported

1 / 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: ARMANINO LLP
Auditor EIN: 946214841
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$290,326

$48,576+497.7%

$169,452+71.3%

$56,289+415.8%

Participation rate

95.2%

65.8%+29.4pp

77.8%+17.5pp

69.9%+25.4pp

Annual return

-4.84%

-2.51%-2.3pp

1.83%-6.7pp

-9.96%+5.1pp

Employer contribution / active EE

$14,953

$1,559+859.1%

$4,157+259.7%

$2,111+608.3%

Participant deferral / active EE

$6,539

$3,275+99.7%

$5,277+23.9%

$3,350+95.2%

Admin fee / account holder

$580

$435+33.3%

$9,110-93.6%

$521+11.3%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS4+ years

Service code 12 · EIN 13-3689044

Claims processing; Direct payment fro...

$58,924

FUNDX INVESTMENT GROUP LLC4+ years

Service code 33 · EIN 94-3271777

Securities brokerage commissions and ...

$27,061

INDEPENDANT FINANCIAL PARTNERS1 year

Service code 16 · EIN 59-3331424

Consulting

$18,000

ARMANINO LLP4+ years

Service code 10 · EIN 94-6214841

Accounting

$12,180

SEYFARTH SHAW LLP1 year

Service code 29 · EIN 36-2152202

Legal

$5,936

CHARLES SCHWAB & CO., INC.4+ years

Filed as: CHARLES SCHWAB & CO, INC.

Service code 33 · EIN 94-1737782

Securities brokerage; Securities brok...

$2,869

NATIONAL FINANCIAL SERVICES4+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

CALIFORNIA ASSOCIATION OF REALTORS PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALIFORNIA ASSOCIATION OF REALTORS PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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