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 (2016) 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 2016

385 TREMONT AVENUE, BLDG 11, ROOM 117B - EAST ORANGE, NJ 07018973-676-1000vbri.orgLinkedIn11-50 employeesresearch

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.2M

+4.9% from 2015

Total participants

-5.1% from 2015

Average account balance

$32,109

+10.6% from 2015

Annual return

6.10%

+1.92 pp from 2015

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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 codes2J2F

Plan features

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.

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

$133K

$14824 / participant

Other / not subdivided$133K100.0%

% of EOY assets

11.230%

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

$32,109

$135,956-76.4%

$123,894-74.1%

$273,972-88.3%

Participation rate

100.0%

84.1%+15.9pp

81.4%+18.6pp

83.0%+17.0pp

Annual return

6.10%

56.63%-50.5pp

47.52%-41.4pp

41.46%-35.4pp

Employer contribution / active EE

$4,097

$5,170-20.7%

$4,617-11.3%

$4,869-15.8%

Participant deferral / active EE

$9,173

$6,343+44.6%

$5,984+53.3%

$5,287+73.5%

Admin fee / account holder

$3,606

$9,817-63.3%

$8,357-56.9%

$10,133-64.4%

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