Retirement plan

J.V. MANUFACTURING COMPANY, INC. 401(K) RETIREMENT PLAN

Name: J. V. MANUFACTURING COMPANY, INC. - J.V. MANUFACTURING COMPANY, INC. 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: J. V. MANUFACTURING COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J.V. MANUFACTURING COMPANY, INC. 401(K) RETIREMENT PLAN, J. V. MANUFACTURING COMPANY, INC.

J. V. MANUFACTURING COMPANY, INC.EIN 25-1264233Plan #001PY 2024

1603 BURTNER ROAD - NATRONA HEIGHTS, PA 150659801724-224-1704

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$15M

+7.4% from 2023

Total participants

152

-1.3% from 2023

Average account balance

$102,452

+9.6% from 2023

Annual return

11.83%

-6.84 pp from 2023

Benchmarks

See 4,101 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,101 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.96M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

146

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.

94.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$481

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
GLOBAL RETIREMENT PARTNERS LLC2 years Service code 27 4340 REDWOOD HWY · SAN RAFAEL, CA 94903	Advisory (Plan)	$33,714
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN Service code 64 SERVICES · IRVINE, CA 92618	Recordkeeping Fees	$16,333
METRO BENEFITS, INC.8 years Service code 13 THE EXECUTIVE BLDG. · PITTSBURGH, PA 15237	Contract Administrator	$9,083
JV MANUFACTURING CO., INC.7 years Service code 99 1603 BURTNER ROAD · NARONA HEIGHTS, PA 15065	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.

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

$70K

$633 / participant

Recordkeeping$70K100.0%

% of EOY assets

0.470%

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: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$102,452

$79,209+29.3%

$102,4340%

$74,459+37.6%

Participation rate

94.6%

74.8%+19.8pp

76.5%+18.1pp

67.2%+27.4pp

Annual return

11.83%

54.98%-43.2pp

29.46%-17.6pp

1369.70%-1357.9pp

Employer contribution / active EE

$3,244

$2,362+37.3%

$3,023+7.3%

$2,626+23.5%

Participant deferral / active EE

$5,833

$4,417+32.1%

$5,055+15.4%

$4,350+34.1%

Admin fee / account holder

$481

$2,002-76.0%

$9,462-94.9%

$1,945-75.3%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC2 years

Service code 27

4340 REDWOOD HWY · SAN RAFAEL, CA 94903

Advisory (Plan)

$33,714

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT PLAN

Service code 64

SERVICES · IRVINE, CA 92618

Recordkeeping Fees

$16,333

METRO BENEFITS, INC.8 years

Service code 13

THE EXECUTIVE BLDG. · PITTSBURGH, PA 15237

Contract Administrator

$9,083

JV MANUFACTURING CO., INC.7 years

Service code 99

1603 BURTNER ROAD · NARONA HEIGHTS, PA 15065

Other Fees

J.V. MANUFACTURING COMPANY, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J.V. MANUFACTURING COMPANY, INC. 401(K) RETIREMENT 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