Retirement plan

GK MANAGEMENT CO., INC. AND AFFILIATED COMPANIES 401(K) PLAN

Name: GK MANAGEMENT CO., INC. - GK MANAGEMENT CO., INC. AND AFFILIATED COMPANIES 401(K) PLAN (2020) Form 5500
Creator: GK MANAGEMENT CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GK MANAGEMENT CO., INC. AND AFFILIATED COMPANIES 401(K) PLAN, GK MANAGEMENT CO., INC.

GK MANAGEMENT CO., INC.EIN 95-2805182Plan #001PY 2020

5150 OVERLAND AVE - CULVER CITY, CA 90230310-280-5044

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$27.5M

+13.1% from 2019

Total participants

694

-4.8% from 2019

Average account balance

$76,525

+0.8% from 2019

Annual return

13.79%

-9.57 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

$31.63M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

327

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.

52.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.89M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$380

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 5 by compensation

Provider	Service type	Compensation
SAGEVIEW ADVISORY GROUP, LLC6+ years Service code 27 4000 MACARTHUR BLVD., STE. 1050 · NEWPORT BEACH, CA 92660	Advisory (Plan)	$46,445
GREAT-WEST LIFE & ANNUITY INSURANCE6+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$29,344
ACTUARIAL BENEFITS CORP3 years Filed as: ACTUARIAL BENEFITS CORP. Service code 13 2790 SKYPARK DR, STE. 300 · TORRANCE, CA 90505	Contract Administrator	$24,013
CLIFTONLARSONALLEN LLP2 years Filed as: CLIFTON LARSON ALLEN WEALTH ADV LLP Service code 10 3077 W JEFFERSON ST, STE 105 · JOLIET, IL 60435	Accounting	$10,500
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: ADVISED ASSETS GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$9,189

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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$87K

$144 / participant

Contract admin$87K100.0%

% of EOY assets

0.318%

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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$76,525

$56,152+36.3%

$185,861-58.8%

$73,412+4.2%

Participation rate

44.9%

67.6%-22.7pp

78.0%-33.1pp

72.2%-27.3pp

Annual return

13.79%

17.59%-3.8pp

35.96%-22.2pp

59.30%-45.5pp

Employer contribution / active EE

$1,274

$1,532-16.9%

$4,088-68.8%

$2,234-43.0%

Participant deferral / active EE

$2,644

$3,659-27.7%

$5,634-53.1%

$3,806-30.5%

Admin fee / account holder

$244

$132+84.4%

$9,503-97.4%

$158+54.2%

Provider

Service type

Compensation

SAGEVIEW ADVISORY GROUP, LLC6+ years

Service code 27

4000 MACARTHUR BLVD., STE. 1050 · NEWPORT BEACH, CA 92660

Advisory (Plan)

$46,445

GREAT-WEST LIFE & ANNUITY INSURANCE6+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$29,344

ACTUARIAL BENEFITS CORP3 years

Filed as: ACTUARIAL BENEFITS CORP.

Service code 13

2790 SKYPARK DR, STE. 300 · TORRANCE, CA 90505

Contract Administrator

$24,013

CLIFTONLARSONALLEN LLP2 years

Filed as: CLIFTON LARSON ALLEN WEALTH ADV LLP

Service code 10

3077 W JEFFERSON ST, STE 105 · JOLIET, IL 60435

Accounting

$10,500

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: ADVISED ASSETS GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$9,189

GK MANAGEMENT CO., INC. AND AFFILIATED COMPANIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GK MANAGEMENT CO., INC. AND AFFILIATED COMPANIES 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