Retirement plan

FRANK M. VACCARO AND ASSOCIATES, INC. 401K PLAN

Name: FRANK M. VACCARO AND ASSOCIATES, INC. - FRANK M. VACCARO AND ASSOCIATES, INC. 401K PLAN (2021) Form 5500
Creator: FRANK M. VACCARO AND ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FRANK M. VACCARO AND ASSOCIATES, INC. 401K PLAN, FRANK M. VACCARO AND ASSOCIATES, INC.

FRANK M. VACCARO AND ASSOCIATES, INC.EIN 23-2148108Plan #001PY 2021

27 ROLAND AVENUE - MOUNT LAUREL, NJ 08054856-793-2524fmvaccaro.comLinkedIn51-200 employeesfacilities services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$1.3M

+46.1% from 2020

Total participants

134

+16.5% from 2020

Average account balance

$32,131

+21.7% from 2020

Annual return

23.38%

-0.07 pp from 2020

Benchmarks

See 1,089 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,089 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.66M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

41.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$251K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+15.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6277

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 codes2E2J2F2G3D3H

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).
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$831

$6 / participant

Contract admin$831100.0%

% of EOY assets

0.062%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WITHUM SMITH & BROWN
Auditor EIN: 222027092
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,131

$79,694-59.7%

$96,171-66.6%

$79,391-59.5%

Participation rate

28.7%

54.0%-25.3pp

68.4%-39.8pp

70.7%-42.0pp

Annual return

23.38%

40.84%-17.5pp

192.04%-168.7pp

116.88%-93.5pp

Employer contribution / active EE

$1,443-100.0%

$2,799-100.0%

$2,428-100.0%

Participant deferral / active EE

$1,627

$2,539-35.9%

$4,350-62.6%

$4,046-59.8%

Admin fee / account holder

$20

$630-96.9%

$5,538-99.6%

$627-96.8%

FRANK M. VACCARO AND ASSOCIATES, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FRANK M. VACCARO AND ASSOCIATES, 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