Retirement plan

VENTURA LAND CORP. AND AFFILIATES 401(K) PROFIT SHARING PLAN

Name: VENTURA LAND CORP. AND AFFILIATES - VENTURA LAND CORP. AND AFFILIATES 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: VENTURA LAND CORP. AND AFFILIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VENTURA LAND CORP. AND AFFILIATES 401(K) PROFIT SHARING PLAN, VENTURA LAND CORP. AND AFFILIATES

VENTURA LAND CORP. AND AFFILIATESEIN 11-2884644Plan #001PY 2023

149-45 NORTHERN BOULEVARD - FLUSHING, NY 113543862718-463-0470

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$1.3M

+20.9% from 2022

Total participants

0.0% from 2022

Average account balance

$192,843

+38.1% from 2022

Annual return

18.51%

+37.12 pp from 2022

Benchmarks

See 19,292 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort19,292 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.67M

Not enough data

1 years with asset history on file

Average account balance

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

$335K

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.

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.

62.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$51K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3764

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2J

Plan features

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.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$15K

$2525 / participant

Other / not subdivided$15K100.0%

% of EOY assets

1.122%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$192,843

$202,460-4.8%

$169,385+13.8%

$139,456+38.3%

Participation rate

83.3%

81.1%+2.2pp

77.2%+6.2pp

80.3%+3.0pp

Annual return

18.51%

532.07%-513.6pp

405.82%-387.3pp

373.45%-354.9pp

Employer contribution / active EE

$4,691-100.0%

$4,012-100.0%

$4,753-100.0%

Participant deferral / active EE

$5,487

$6,938-20.9%

$6,221-11.8%

$6,711-18.2%

Admin fee / account holder

$2,164

$10,719-79.8%

$9,011-76.0%

$11,407-81.0%

VENTURA LAND CORP. AND AFFILIATES 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VENTURA LAND CORP. AND AFFILIATES 401(K) PROFIT SHARING 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