Retirement plan

SPARANO, VINCELETTE & VILLANO, 401(K) PROFIT SHARING PLAN

Name: SPARANO, VINCELETTE & JOINER, CPA'S - SPARANO, VINCELETTE & VILLANO, 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: SPARANO, VINCELETTE & JOINER, CPA'S
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPARANO, VINCELETTE & VILLANO, 401(K) PROFIT SHARING PLAN, SPARANO, VINCELETTE & JOINER, CPA'S

SPARANO, VINCELETTE & JOINER, CPA'SEIN 23-2299481Plan #001PY 2016

1814 NEWPORT GAP PIKE - WILMINGTON, DE 198086122302-999-7300svvcpa.comLinkedIn1-10 employeesaccounting

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$3.7M

-25.4% from 2015

Total participants

-10.0% from 2015

Average account balance

$409,218

-17.1% from 2015

Annual return

5.41%

+4.93 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

$4.72M

Not enough data

1 years with asset history on file

Average account balance

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

$524K

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.

112.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$234K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$29K

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

+8.41%

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 codes2C2E2J

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.7M

$240321 / participant

Other / not subdivided$2M100.0%

% of EOY assets

45.676%

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

$409,218

$135,956+201.0%

$123,894+230.3%

$273,972+49.4%

Participation rate

100.0%

84.1%+15.9pp

81.4%+18.6pp

83.0%+17.0pp

Annual return

5.41%

56.63%-51.2pp

47.52%-42.1pp

41.46%-36.0pp

Employer contribution / active EE

$16,926

$5,170+227.4%

$4,617+266.6%

$4,869+247.6%

Participant deferral / active EE

$6,257

$6,343-1.3%

$5,984+4.6%

$5,287+18.3%

Admin fee / account holder

$186,916

$9,817+1803.9%

$8,357+2136.6%

$10,133+1744.7%

SPARANO, VINCELETTE & VILLANO, 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPARANO, VINCELETTE & VILLANO, 401(K) PROFIT SHARING 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