Retirement plan

VISION EDUCATION AND MEDIA LLC 401(K) PLAN

Name: VISION EDUCATION AND MEDIA LLC - VISION EDUCATION AND MEDIA LLC 401(K) PLAN (2022) Form 5500
Creator: VISION EDUCATION AND MEDIA LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VISION EDUCATION AND MEDIA LLC 401(K) PLAN, VISION EDUCATION AND MEDIA LLC

VISION EDUCATION AND MEDIA LLCEIN 20-2280488Plan #001PY 2022

2672 BROADWAY, LOFT A - NEW YORK, NY 10025212-245-0444

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$232K

+0.0% from 2021

Total participants

-35.3% from 2021

Average account balance

$28,997

+12.5% from 2021

Annual return

-14.97%

-34.04 pp from 2021

Benchmarks

See 6,929 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,929 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$360K

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$32K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+17.00%

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

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

$507

$51 / participant

Other / not subdivided$507100.0%

% of EOY assets

0.219%

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

$28,997

$67,396-57.0%

$60,919-52.4%

$134,545-78.4%

Participation rate

70.0%

76.2%-6.2pp

73.1%-3.1pp

81.2%-11.2pp

Annual return

-14.97%

50.12%-65.1pp

16.96%-31.9pp

418.37%-433.3pp

Employer contribution / active EE

$1,548

$3,101-50.1%

$2,704-42.7%

$4,742-67.3%

Participant deferral / active EE

$1,927

$4,534-57.5%

$3,814-49.5%

$6,401-69.9%

Admin fee / account holder

$63

$4,590-98.6%

$3,228-98.0%

$11,431-99.4%

VISION EDUCATION AND MEDIA LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VISION EDUCATION AND MEDIA LLC 401(K) 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