Retirement plan

VERMONT ENERGY INVESTMENT CORP. TAX DEFERRED ANNUITY PLAN

Name: VERMONT ENERGY INVESTMENT CORPORATION - VERMONT ENERGY INVESTMENT CORP. TAX DEFERRED ANNUITY PLAN (2017) Form 5500
Creator: VERMONT ENERGY INVESTMENT CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VERMONT ENERGY INVESTMENT CORP. TAX DEFERRED ANNUITY PLAN, VERMONT ENERGY INVESTMENT CORPORATION

VERMONT ENERGY INVESTMENT CORPORATIONEIN 03-0304418Plan #001PY 2017

128 LAKESIDE AVENUE, SUITE 401 - BURLINGTON, VT 05401802-540-7634

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$32.8M

+22.9% from 2016

Total participants

386

-0.3% from 2016

Average account balance

$86,003

+22.3% from 2016

Annual return

19.08%

+8.02 pp from 2016

Benchmarks

See 2,615 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,615 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$61.91M

Not enough data

1 years with asset history on file

Average account balance

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

$130K

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.

477

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.

96.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+14.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$387

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 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.3+ years Filed as: NEWPORT GROUP Service code 12 · EIN 62-1868111	Account maintenance fees; Custodial (...	$2,725
RELIANCE TRUST COMPANY3+ years Service code 50 · EIN 58-1428634 1100 ABERNATHY ROAD · ATLANTA, GA 30328	Direct Payment	$0

Plan features & details

Pension benefit codes2A2E2F2G2M2S2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$5K

$14 / participant

Contract admin$3K60.2%
Other / not subdivided$2K39.8%

% of EOY assets

0.014%

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: MCSOLEY MCCOY & COMPANY
Auditor EIN: 030327374
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,003

$155,795-44.8%

$136,298-36.9%

$69,631+23.5%

Participation rate

98.4%

75.2%+23.2pp

81.9%+16.5pp

70.7%+27.8pp

Annual return

19.08%

232464.33%-232445.3pp

5156.27%-5137.2pp

27571.02%-27551.9pp

Employer contribution / active EE

$4,143

$2,991+38.5%

$4,696-11.8%

$2,032+103.9%

Participant deferral / active EE

$7,508

$5,394+39.2%

$6,247+20.2%

$3,224+132.9%

Admin fee / account holder

$12

$128-90.7%

$9,244-99.9%

$110-89.2%

Provider

Service type

Compensation

NEWPORT GROUP, INC.3+ years

Filed as: NEWPORT GROUP

Service code 12 · EIN 62-1868111

Account maintenance fees; Custodial (...

$2,725

RELIANCE TRUST COMPANY3+ years

Service code 50 · EIN 58-1428634

1100 ABERNATHY ROAD · ATLANTA, GA 30328

Direct Payment

VERMONT ENERGY INVESTMENT CORP. TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VERMONT ENERGY INVESTMENT CORP. TAX DEFERRED ANNUITY 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