Retirement plan

VALUE LINE, INC. PROFIT SHARING AND SAVINGS PLAN

Name: VALUE LINE, INC. - VALUE LINE, INC. PROFIT SHARING AND SAVINGS PLAN (2017) Form 5500
Creator: VALUE LINE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VALUE LINE, INC. PROFIT SHARING AND SAVINGS PLAN, VALUE LINE, INC.

VALUE LINE, INC.EIN 13-3139843Plan #001PY 2017

551 5TH AVENUE, 3RD FLOOR - NEW YORK, NY 10176212-907-1500valueline.comLinkedIn201-500 employeesfinancial services

Prospect flagsLow returnsLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$26.2M

+1.1% from 2016

Total participants

239

-7.4% from 2016

Average account balance

$112,955

+12.5% from 2016

Annual return

6.30%

+5.53 pp from 2016

Benchmarks

See 843 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort843 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.57M

Not enough data

1 years with asset history on file

Average account balance

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

$127K

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.

178

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.

95.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$570K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+5.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$521

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

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Service code 52 · EIN 04-1590850	Indirect Investment Fees	$24,458
HOROWITZ & ULLMANN, P.C.1 year Filed as: HOROWITZ & ULLMANN, P. C. Service code 10 · EIN 13-2744858	Accounting	$13,000
VALUE LINE1 year Filed as: VALUE LINE, INC. Service code 22 · EIN 13-3139843	Insurance Broker	$7,918
PRUDENTIAL RETIREMENT INSURANCE AND2+ years Service code 13 · EIN 06-1050034	Contract Administrator	$1,072
AMERITAS LIFE INSURANCE CORP2+ years Filed as: AMERITAS INVESTMENT CORP Service code 33 · EIN 47-0663374	Securities brokerage; Securities brok...	$0
LPL FINANCIAL1 year Filed as: LPL FINANCIAL LLC-RPLP Service code 27 · EIN 95-2834236	Advisory (Plan)	$0
PRUDENTIAL RETIREMENT INSURANCE AND1 year Filed as: PRUDENTIAL RETIREMENT INSURANCE Service code 15	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2K2R3D3H2T

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.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$11K

$61 / participant

Investment mgmt$14K124.6%
Contract admin$2K15.1%

% of EOY assets

0.042%

all-in expense ratio

Categories reported

2 / 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: HOROWITZ & ULLMANN PC
Auditor EIN: 132744858
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$112,955

$59,535+89.7%

$90,161+25.3%

$62,293+81.3%

Participation rate

96.1%

73.0%+23.0pp

76.9%+19.2pp

69.5%+26.6pp

Annual return

6.30%

23.53%-17.2pp

34.89%-28.6pp

28.90%-22.6pp

Employer contribution / active EE

$1,864

$1,826+2.1%

$3,318-43.8%

$2,042-8.7%

Participant deferral / active EE

$469

$4,639-89.9%

$5,287-91.1%

$3,169-85.2%

Admin fee / account holder

$47

$337-85.9%

$5,943-99.2%

$479-90.1%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$24,458

HOROWITZ & ULLMANN, P.C.1 year

Filed as: HOROWITZ & ULLMANN, P. C.

Service code 10 · EIN 13-2744858

Accounting

$13,000

VALUE LINE1 year

Filed as: VALUE LINE, INC.

Service code 22 · EIN 13-3139843

Insurance Broker

$7,918

PRUDENTIAL RETIREMENT INSURANCE AND2+ years

Service code 13 · EIN 06-1050034

Contract Administrator

$1,072

AMERITAS LIFE INSURANCE CORP2+ years

Filed as: AMERITAS INVESTMENT CORP

Service code 33 · EIN 47-0663374

Securities brokerage; Securities brok...

LPL FINANCIAL1 year

Filed as: LPL FINANCIAL LLC-RPLP

Service code 27 · EIN 95-2834236

Advisory (Plan)

PRUDENTIAL RETIREMENT INSURANCE AND1 year

Filed as: PRUDENTIAL RETIREMENT INSURANCE

Service code 15

Recordkeeping

VALUE LINE, INC. PROFIT SHARING AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VALUE LINE, INC. PROFIT SHARING AND SAVINGS 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