Retirement plan

RAFAEL VINOLY ARCHITECTS PC 401(K) SAVINGS PLAN

Name: RAFAEL VINOLY ARCHITECTS PC - RAFAEL VINOLY ARCHITECTS PC 401(K) SAVINGS PLAN (2016) Form 5500
Creator: RAFAEL VINOLY ARCHITECTS PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RAFAEL VINOLY ARCHITECTS PC 401(K) SAVINGS PLAN, RAFAEL VINOLY ARCHITECTS PC

RAFAEL VINOLY ARCHITECTS PCEIN 13-3152224Plan #002PY 2016

50 VANDAM STREET - NEW YORK, NY 10013212-924-5060rvapc.comLinkedIn51-200 employeesarchitecture & planning

Other plans on this EIN

1 filing

#004Retirement-$775K assets

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$5.3M

+4.4% from 2015

Total participants

164

+6.5% from 2015

Average account balance

$73,595

+1.5% from 2015

Annual return

11.26%

+11.84 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.32M

Not enough data

1 years with asset history on file

Average account balance

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

$151K

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.

98.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$477K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$76100

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

Top 3 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER2+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$1,375
ADP BROKER-DEALER2+ years Service code 49 · EIN 22-3319984	Other Services	$0
NFP RETIREMENT INC1 year Filed as: NFP Service code 49 501 FELLOWSHIP ROAD · MOUNT LAUREL, NJ 08054	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1K

$10 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.026%

all-in expense ratio

Categories reported

0 / 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: FUNARO & CO PC
Auditor EIN: 132871428
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,595

$75,183-2.1%

$123,894-40.6%

$55,167+33.4%

Participation rate

31.9%

72.8%-41.0pp

81.4%-49.6pp

69.0%-37.1pp

Annual return

11.26%

19.01%-7.7pp

47.52%-36.3pp

169.23%-158.0pp

Employer contribution / active EE

$2,823-100.0%

$4,617-100.0%

$1,963-100.0%

Participant deferral / active EE

$4,575

$5,084-10.0%

$5,984-23.5%

$3,054+49.8%

Admin fee / account holder

$19

$663-97.1%

$8,357-99.8%

$504-96.2%

Provider

Service type

Compensation

ADP BROKER-DEALER2+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$1,375

ADP BROKER-DEALER2+ years

Service code 49 · EIN 22-3319984

Other Services

NFP RETIREMENT INC1 year

Filed as: NFP

Service code 49

501 FELLOWSHIP ROAD · MOUNT LAUREL, NJ 08054

Other Services

RAFAEL VINOLY ARCHITECTS PC 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RAFAEL VINOLY ARCHITECTS PC 401(K) 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