Retirement plan

VISUAL GRAPHIC SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP 401(K) PLAN

Name: VISUAL GRAPHIC SYSTEMS, INC. - VISUAL GRAPHIC SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP 401(K) PLAN (2024) Form 5500
Creator: VISUAL GRAPHIC SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VISUAL GRAPHIC SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP 401(K) PLAN, VISUAL GRAPHIC SYSTEMS, INC.

VISUAL GRAPHIC SYSTEMS, INC.EIN 13-3079017Plan #002PY 2024

330 WASHINGTON AVENUE - CARLSTADT, NJ 07072201-528-2700vgsonline.comLinkedIn51-200 employeesdesign

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$15.4M

-13.6% from 2023

Total participants

138

+0.7% from 2023

Average account balance

$111,697

-14.8% from 2023

Annual return

-13.64%

-46.06 pp from 2023

Benchmarks

See 28,939 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,939 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$15.41M

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

138

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$628K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

-13.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$301

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

See the 7-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 3 by compensation

Provider	Service type	Compensation
BPA OF WI A BENESYS COMPANY1 year Filed as: BPA INTERNAL Service code 15 · EIN 16-1503696 6 RHOADS DRIVE, STE. 7 · UTICA, NY 13502	Recordkeeping	$24,562
BPAS1 year Filed as: BPAS FIDUCIARY SERVICES Service code 14 · EIN 16-1503696 6 RHOADS DRIVE, STE. 7 · UTICA, NY 13502	Plan Administrator	$8,483
TRANSITION FINANCE STRATEGIES, LLC2 years Filed as: TRANSITION FINANCE STRATEGIES, BREA Service code 64 · EIN 13-4238973 154 HANSEN ROAD STE. 102 · CHARLOTTESVILLE, VA 22911	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2E2J2K2I2O2T2H2Q2F3I2G

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.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2I
Stock bonus
Stock bonus plan.
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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
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.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

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

$41K

$506 / participant

Other / not subdivided$41K100.0%

% of EOY assets

0.269%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: PKF OCONNOR DAVIES LLP
Auditor EIN: 271728945
Audit fees: $41,492
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$111,697

$102,317+9.2%

$146,958-24.0%

$80,856+38.1%

Participation rate

100.0%

75.8%+24.2pp

82.2%+17.8pp

67.6%+32.4pp

Annual return

-13.64%

134.76%-148.4pp

418.34%-432.0pp

35.59%-49.2pp

Employer contribution / active EE

$2,532

$3,713-31.8%

$4,933-48.7%

$2,755-8.1%

Participant deferral / active EE

$5,127

$6,644-22.8%

$8,070-36.5%

$4,296+19.4%

Admin fee / account holder

$301

$7,941-96.2%

$12,998-97.7%

$6,918-95.7%

Provider

Service type

Compensation

BPA OF WI A BENESYS COMPANY1 year

Filed as: BPA INTERNAL

Service code 15 · EIN 16-1503696

6 RHOADS DRIVE, STE. 7 · UTICA, NY 13502

Recordkeeping

$24,562

BPAS1 year

Filed as: BPAS FIDUCIARY SERVICES

Service code 14 · EIN 16-1503696

6 RHOADS DRIVE, STE. 7 · UTICA, NY 13502

Plan Administrator

$8,483

TRANSITION FINANCE STRATEGIES, LLC2 years

Filed as: TRANSITION FINANCE STRATEGIES, BREA

Service code 64 · EIN 13-4238973

154 HANSEN ROAD STE. 102 · CHARLOTTESVILLE, VA 22911

Recordkeeping Fees

VISUAL GRAPHIC SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VISUAL GRAPHIC SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP 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