Retirement plan

VALUE LINE, INC. PROFIT SHARING AND SAVINGS PLAN

Name: VALUE LINE, INC. - VALUE LINE, INC. PROFIT SHARING AND SAVINGS PLAN (2018) 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 2018

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

Prospect flagsHigh feesLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$26.3M

+0.5% from 2017

Total participants

232

-2.9% from 2017

Average account balance

$115,063

+1.9% from 2017

Annual return

4.06%

-2.25 pp from 2017

Benchmarks

See 865 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort865 peers

Snapshot2018

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

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

Service providers

Top 10 of 19 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Service code 33 · EIN 04-1590850	Investment management fees paid indir...	$70,733
PRIVATE ADVISOR GROUP LLC1 year Service code 27 · EIN 27-3463733	Advisory (Plan)	$62,660
HOROWITZ & ULLMANN, P.C.3+ years Service code 10 · EIN 13-2744858	Accounting	$38,150
SHERIDAN ROAD ADVISORS LLC1 year Filed as: HUB INTERNATIONAL NORTHEAST Service code 73 · EIN 13-3621603	Other insurance fees and expenses	$13,661
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO, INC. Service code 59 · EIN 94-1737782	Shareholder Servicing	$1,653
AMERICAN FUNDS1 year Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
BLACKROCK1 year Service code 52 · EIN 22-2937779	Indirect Investment Fees	$0
THE BANK OF NEW YORK MELLON1 year Filed as: DREYFUS Service code 52 · EIN 13-4024319	Indirect Investment Fees	$0
FRANKLIN TEMPLETON1 year Filed as: FRANKLINTEMPLETON Service code 52 · EIN 59-6865210	Indirect Investment Fees	$0
GOLDMAN SACHS1 year Service code 52 · EIN 13-5108880	Indirect Investment Fees	$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.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$107K

$635 / participant

Investment mgmt$29K26.9%
Contract admin$19K18.2%
Other / not subdivided$59K55.0%

% of EOY assets

0.405%

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 P.C
Auditor EIN: 132744858
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$115,063

$61,214+88.0%

$83,323+38.1%

$56,287+104.4%

Participation rate

98.2%

72.6%+25.6pp

77.8%+20.5pp

69.9%+28.4pp

Annual return

4.06%

0.42%+3.6pp

10.63%-6.6pp

-9.96%+14.0pp

Employer contribution / active EE

$3,373

$1,925+75.2%

$3,379-0.2%

$2,111+59.8%

Participant deferral / active EE

$712

$5,091-86.0%

$5,565-87.2%

$3,350-78.7%

Admin fee / account holder

$466

$512-8.9%

$7,539-93.8%

$521-10.5%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Service code 33 · EIN 04-1590850

Investment management fees paid indir...

$70,733

PRIVATE ADVISOR GROUP LLC1 year

Service code 27 · EIN 27-3463733

Advisory (Plan)

$62,660

HOROWITZ & ULLMANN, P.C.3+ years

Service code 10 · EIN 13-2744858

Accounting

$38,150

SHERIDAN ROAD ADVISORS LLC1 year

Filed as: HUB INTERNATIONAL NORTHEAST

Service code 73 · EIN 13-3621603

Other insurance fees and expenses

$13,661

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO, INC.

Service code 59 · EIN 94-1737782

Shareholder Servicing

$1,653

AMERICAN FUNDS1 year

Service code 52 · EIN 95-1411037

Indirect Investment Fees

BLACKROCK1 year

Service code 52 · EIN 22-2937779

Indirect Investment Fees

THE BANK OF NEW YORK MELLON1 year

Filed as: DREYFUS

Service code 52 · EIN 13-4024319

Indirect Investment Fees

FRANKLIN TEMPLETON1 year

Filed as: FRANKLINTEMPLETON

Service code 52 · EIN 59-6865210

Indirect Investment Fees

GOLDMAN SACHS1 year

Service code 52 · EIN 13-5108880

Indirect Investment Fees

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