Retirement plan

UNIFORM VILLAGE, INC. 401(K) / PROFIT SHARING PLAN

Name: UNIFORM VILLAGE, INC. - UNIFORM VILLAGE, INC. 401(K) / PROFIT SHARING PLAN (2020) Form 5500
Creator: UNIFORM VILLAGE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIFORM VILLAGE, INC. 401(K) / PROFIT SHARING PLAN, UNIFORM VILLAGE, INC.

UNIFORM VILLAGE, INC.EIN 14-1557100Plan #002PY 2020

1623 EASTERN PARKWAY - SCHENECTADY, NY 12309518-374-5155uvimageexperts.comLinkedIn1-10 employeesfood production

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.2M

+2.0% from 2019

Total participants

-40.7% from 2019

Average account balance

$84,934

+53.0% from 2019

Annual return

13.10%

+11.59 pp from 2019

Benchmarks

See 18,868 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,868 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.10M

Not enough data

1 years with asset history on file

Average account balance

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

$221K

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

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$38K

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

+15.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing 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.
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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$168K

$24025 / participant

Other / not subdivided$168K100.0%

% of EOY assets

14.144%

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

$84,934

$112,933-24.8%

$90,970-6.6%

$158,982-46.6%

Participation rate

71.4%

74.7%-3.3pp

69.0%+2.4pp

82.0%-10.5pp

Annual return

13.10%

215.82%-202.7pp

134.60%-121.5pp

302.99%-289.9pp

Employer contribution / active EE

$986

$2,893-65.9%

$2,122-53.5%

$4,763-79.3%

Participant deferral / active EE

$4,370

$4,128+5.9%

$3,373+29.6%

$5,983-27.0%

Admin fee / account holder

$12,013

$8,047+49.3%

$5,961+101.5%

$11,252+6.8%

UNIFORM VILLAGE, INC. 401(K) / PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIFORM VILLAGE, INC. 401(K) / PROFIT SHARING 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