Retirement plan

VETERANS BIO-MEDICAL RESEARCH INSTITUTE, INC. 401K PLAN

Name: VETERANS BIO-MEDICAL RESEARCH INSTITUTE, INC. - VETERANS BIO-MEDICAL RESEARCH INSTITUTE, INC. 401K PLAN (2015) Form 5500
Creator: VETERANS BIO-MEDICAL RESEARCH INSTITUTE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VETERANS BIO-MEDICAL RESEARCH INSTITUTE, INC. 401K PLAN, VETERANS BIO-MEDICAL RESEARCH INSTITUTE, INC.

VETERANS BIO-MEDICAL RESEARCH INSTITUTE, INC.EIN 22-2995785Plan #001PY 2015

385 TREMONT AVENUE, BLDG 11, ROOM 117B - EAST ORANGE, NJ 07018972-676-1000vbri.orgLinkedIn11-50 employeesresearch

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.1M

No prior year

Total participants

No prior year

Average account balance

$29,043

No prior year

Annual return

4.19%

No prior year

Benchmarks

See 103,909 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort103,909 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.59M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

284.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$208K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+13.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4860

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 codes2J

Plan features

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

$126K

$7879 / participant

Other / not subdivided$126K100.0%

% of EOY assets

11.130%

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

$29,043

$127,387-77.2%

$115,038-74.8%

$125,389-76.8%

Participation rate

100.0%

84.2%+15.8pp

81.4%+18.6pp

83.2%+16.8pp

Annual return

4.19%

31.28%-27.1pp

26.14%-22.0pp

282.24%-278.1pp

Employer contribution / active EE

$2,425

$5,166-53.1%

$4,608-47.4%

$4,866-50.2%

Participant deferral / active EE

$4,204

$6,423-34.5%

$6,026-30.2%

$5,352-21.4%

Admin fee / account holder

$3,232

$9,516-66.0%

$8,175-60.5%

$9,541-66.1%

VETERANS BIO-MEDICAL RESEARCH INSTITUTE, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VETERANS BIO-MEDICAL RESEARCH INSTITUTE, INC. 401K 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