Retirement plan

J.V. MANUFACTURING COMPANY, INC. PROFIT BASED AND SALARY REDUCTION RETIREMENT PLAN

Name: J. V. MANUFACTURING COMPANY, INC. - J.V. MANUFACTURING COMPANY, INC. PROFIT BASED AND SALARY REDUCTION RETIREMENT PLAN (2022) 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. PROFIT BASED AND SALARY REDUCTION RETIREMENT PLAN, J. V. MANUFACTURING COMPANY, INC.

J. V. MANUFACTURING COMPANY, INC.EIN 25-1264233Plan #001PY 2022

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$12.8M

-38.7% from 2021

Total participants

161

+3.9% from 2021

Average account balance

$79,813

-42.2% from 2021

Annual return

-12.12%

-25.12 pp from 2021

Benchmarks

See 4,067 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,067 peers

Snapshot2022

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
HEFFREN-TILLOTSON INC.6 years Service code 27 308 7TH AVENUE · PITTSBURGH, PA 15222	Advisory (Plan)	$32,522
AMERICAN FUNDS5 years Filed as: CAPITAL RESEARCH AND MANAGEMENT Service code 64 COMPANY INC. · LOS ANGELES, CA 90071	Recordkeeping Fees	$13,395
METRO BENEFITS, INC.6 years Service code 13 THE EXECUTIVE BLDG. · PITTSBURGH, PA 15237	Contract Administrator	$12,806
JV MANUFACTURING CO., INC.5 years Service code 99 1603 BURTNER ROAD · NARONA HEIGHTS, PA 15065	Other Fees	$6,844

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$45K

$344 / participant

Investment mgmt$45K100.0%

% of EOY assets

0.355%

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: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$79,813

$65,453+21.9%

$86,691-7.9%

$66,930+19.2%

Participation rate

99.2%

75.5%+23.8pp

76.6%+22.7pp

69.8%+29.4pp

Annual return

-12.12%

-10.89%-1.2pp

35.94%-48.1pp

1.57%-13.7pp

Employer contribution / active EE

$2,348

$2,154+9.0%

$2,837-17.2%

$2,545-7.7%

Participant deferral / active EE

$4,055

$4,102-1.1%

$4,656-12.9%

$4,238-4.3%

Admin fee / account holder

$283

$642-55.8%

$7,492-96.2%

$593-52.2%

Provider

Service type

Compensation

HEFFREN-TILLOTSON INC.6 years

Service code 27

308 7TH AVENUE · PITTSBURGH, PA 15222

Advisory (Plan)

$32,522

AMERICAN FUNDS5 years

Filed as: CAPITAL RESEARCH AND MANAGEMENT

Service code 64

COMPANY INC. · LOS ANGELES, CA 90071

Recordkeeping Fees

$13,395

METRO BENEFITS, INC.6 years

Service code 13

THE EXECUTIVE BLDG. · PITTSBURGH, PA 15237

Contract Administrator

$12,806

JV MANUFACTURING CO., INC.5 years

Service code 99

1603 BURTNER ROAD · NARONA HEIGHTS, PA 15065

Other Fees

$6,844

J.V. MANUFACTURING COMPANY, INC. PROFIT BASED AND SALARY REDUCTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J.V. MANUFACTURING COMPANY, INC. PROFIT BASED AND SALARY REDUCTION 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