Retirement plan

VINCETT EYE CARE ASSOCIATES LTD. 401(K) PROFIT SHARING PLAN

Name: VINCETT EYE CARE ASSOCIATES LTD. - VINCETT EYE CARE ASSOCIATES LTD. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: VINCETT EYE CARE ASSOCIATES LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VINCETT EYE CARE ASSOCIATES LTD. 401(K) PROFIT SHARING PLAN, VINCETT EYE CARE ASSOCIATES LTD.

VINCETT EYE CARE ASSOCIATES LTD.EIN 20-1921232Plan #001PY 2018

645 RODI ROAD - PITTSBURGH, PA 15235412-256-2020

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+5.2% from 2017

Total participants

+37.0% from 2017

Average account balance

$42,103

-15.2% from 2017

Annual return

-6.90%

-28.91 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.17M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

1200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3801

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 codes2E2F2J2T3D

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).
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$50K

$1852 / participant

Other / not subdivided$50K100.0%

% of EOY assets

3.832%

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

$42,103

$75,962-44.6%

$154,108-72.7%

$64,173-34.4%

Participation rate

77.8%

70.4%+7.4pp

83.0%-5.3pp

69.6%+8.2pp

Annual return

-6.90%

30.32%-37.2pp

735.21%-742.1pp

7.63%-14.5pp

Employer contribution / active EE

$2,166

$3,350-35.3%

$5,298-59.1%

$2,381-9.0%

Participant deferral / active EE

$5,233

$3,175+64.8%

$5,081+3.0%

$3,470+50.8%

Admin fee / account holder

$1,613

$5,589-71.1%

$13,411-88.0%

$4,887-67.0%

VINCETT EYE CARE ASSOCIATES LTD. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VINCETT EYE CARE ASSOCIATES LTD. 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