Retirement plan

CVPATH INSTITUTE, INC. DEFINED CONTRIBUTION PLAN

Name: CVPATH INSTITUTE, INC. - CVPATH INSTITUTE, INC. DEFINED CONTRIBUTION PLAN (2022) Form 5500
Creator: CVPATH INSTITUTE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CVPATH INSTITUTE, INC. DEFINED CONTRIBUTION PLAN, CVPATH INSTITUTE, INC.

CVPATH INSTITUTE, INC.EIN 20-4903376Plan #002PY 2022

19 FIRSTFIELD RD - GAITHERSBURG, MD 208781791301-208-3570cvpath.orgLinkedIn11-50 employeesresearch

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.8M

-9.3% from 2021

Total participants

+12.3% from 2021

Average account balance

$89,803

-15.6% from 2021

Annual return

-12.96%

-26.43 pp from 2021

Benchmarks

See 27,998 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort27,998 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.60M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

177.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$701K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+12.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5567

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 codes2E2G2J

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.

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

$308K

$7164 / participant

Other / not subdivided$308K100.0%

% of EOY assets

3.943%

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

$89,803

$82,678+8.6%

$125,391-28.4%

$68,490+31.1%

Participation rate

90.7%

75.1%+15.6pp

82.4%+8.3pp

67.9%+22.8pp

Annual return

-12.96%

-5.97%-7.0pp

572.41%-585.4pp

-7.85%-5.1pp

Employer contribution / active EE

$5,853

$3,382+73.1%

$4,816+21.5%

$2,597+125.4%

Participant deferral / active EE

$7,797

$6,111+27.6%

$7,448+4.7%

$4,028+93.6%

Admin fee / account holder

$3,541

$6,277-43.6%

$10,009-64.6%

$5,403-34.5%

CVPATH INSTITUTE, INC. DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CVPATH INSTITUTE, INC. DEFINED CONTRIBUTION 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