Retirement plan

VISIONS/SERVICES FOR THE BLIND AND VISUALLY IMPARED RETIREMENT PLAN

Name: VISIONS/SERVICES FOR THE BLIND AND VISUALLY IMPAIRED - VISIONS/SERVICES FOR THE BLIND AND VISUALLY IMPARED RETIREMENT PLAN (2017) Form 5500
Creator: VISIONS/SERVICES FOR THE BLIND AND VISUALLY IMPAIRED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VISIONS/SERVICES FOR THE BLIND AND VISUALLY IMPARED RETIREMENT PLAN, VISIONS/SERVICES FOR THE BLIND AND VISUALLY IMPAIRED

VISIONS/SERVICES FOR THE BLIND AND VISUALLY IMPAIREDEIN 13-1624210Plan #002PY 2017

500 GREENWICH STREET - 3RD FLOOR - NEW YORK, NY 100131354212-625-1616visionsvcb.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$8.8M

+14.0% from 2016

Total participants

+5.3% from 2016

Average account balance

$93,730

+9.2% from 2016

Annual return

10.32%

+2.58 pp from 2016

Benchmarks

See 7,912 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,912 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.09M

Not enough data

1 years with asset history on file

Average account balance

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

$137K

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.

117

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.

50.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$910K

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

+22.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$332

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

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 codes2L2G2F3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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.

Opportunity flags

2 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$222K

$3517 / participant

Other / not subdivided$222K100.0%

% of EOY assets

2.514%

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

$93,730

$53,128+76.4%

$86,582+8.3%

$70,126+33.7%

Participation rate

92.1%

65.3%+26.8pp

73.5%+18.5pp

69.5%+22.5pp

Annual return

10.32%

27.66%-17.3pp

965.08%-954.8pp

73.15%-62.8pp

Employer contribution / active EE

$3,197

$2,068+54.6%

$2,839+12.6%

$2,343+36.5%

Participant deferral / active EE

$4,500

$2,695+67.0%

$3,609+24.7%

$3,332+35.1%

Admin fee / account holder

$2,357

$3,584-34.2%

$4,904-51.9%

$4,645-49.3%

VISIONS/SERVICES FOR THE BLIND AND VISUALLY IMPARED RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VISIONS/SERVICES FOR THE BLIND AND VISUALLY IMPARED RETIREMENT 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