Retirement plan

VISUAL GOODNESS, INC. 401K/PROFIT SHARING PLAN

Name: VISUAL GOODNESS, INC. - VISUAL GOODNESS, INC. 401K/PROFIT SHARING PLAN (2020) Form 5500
Creator: VISUAL GOODNESS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VISUAL GOODNESS, INC. 401K/PROFIT SHARING PLAN, VISUAL GOODNESS, INC.

VISUAL GOODNESS, INC.EIN 11-3597121Plan #001PY 2020

225 W. 34TH STREET, 9TH FLOOR - NEW YORK, NY 10122212-463-8248visualgoodness.comLinkedIn11-50 employeesmarketing and advertising

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$783K

+42.6% from 2019

Total participants

0.0% from 2019

Average account balance

$37,279

+8.6% from 2019

Annual return

28.56%

+10.35 pp from 2019

Benchmarks

See 7,938 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort7,938 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.06M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

147.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$48K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+8.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$112 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.215%

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

$37,279

$121,701-69.4%

$104,639-64.4%

$158,982-76.6%

Participation rate

93.3%

77.5%+15.8pp

74.1%+19.3pp

82.0%+11.4pp

Annual return

28.56%

465.72%-437.2pp

340.67%-312.1pp

302.99%-274.4pp

Employer contribution / active EE

$5,000

$3,165+58.0%

$2,682+86.4%

$4,763+5.0%

Participant deferral / active EE

$243

$4,176-94.2%

$3,738-93.5%

$5,983-95.9%

Admin fee / account holder

$80

$7,778-99.0%

$6,465-98.8%

$11,252-99.3%

VISUAL GOODNESS, INC. 401K/PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VISUAL GOODNESS, INC. 401K/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