Retirement plan

VERLAND AND AFFILIATES 403(B) RETIREMENT PLAN

Name: VERLAND - VERLAND AND AFFILIATES 403(B) RETIREMENT PLAN (2018) Form 5500
Creator: VERLAND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VERLAND AND AFFILIATES 403(B) RETIREMENT PLAN, VERLAND

VERLANDEIN 25-1440761Plan #001PY 2018

212 IRIS ROAD - SEWICKLEY, PA 15143412-741-2375verland.orgLinkedIn501-1000 employeesindividual & family services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$10M

-6.2% from 2017

Total participants

662

-2.6% from 2017

Average account balance

$20,449

-5.5% from 2017

Annual return

-4.48%

-17.63 pp from 2017

Benchmarks

See 3,850 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,850 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.23M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

697

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.

72.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.70M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$126

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
NATIONWIDE4+ years Filed as: NATIONWIDE FINANCIAL Service code 13 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$39,984
LPL FINANCIAL4+ years Filed as: LPL FIANCIAL Service code 28 · EIN 95-2834236	Investment Management	$20,104
EPIC RETIREMENT PLAN SERVICES4+ years Filed as: CAPITAL RETIREMENT PLAN SERVICES Service code 14 · EIN 25-1802421 501 CORPORATE DRIVE · CANONSBURG, PA 15317	Plan Administrator	$19,584
GLOBAL RETIREMENT PARTNERS LLC1 year Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 28 · EIN 47-1411118 4340 REDWOOD HWY #B-60 · SAN RAFAEL, CA 94903	Investment Management	$17,215

Plan features & details

Pension benefit codes2F2G2K2L2M3D

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).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

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

$97K

$189 / participant

Investment mgmt$37K38.5%
Contract admin$40K41.3%
Other / not subdivided$20K20.2%

% of EOY assets

0.969%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,449

$37,196-45.0%

$154,111-86.7%

$55,725-63.3%

Participation rate

66.3%

64.1%+2.2pp

83.0%-16.8pp

70.9%-4.6pp

Annual return

-4.48%

1319.68%-1324.2pp

735.18%-739.7pp

244.93%-249.4pp

Employer contribution / active EE

$316

$1,614-80.4%

$5,298-94.0%

$2,078-84.8%

Participant deferral / active EE

$1,460

$2,068-29.4%

$5,081-71.3%

$3,356-56.5%

Admin fee / account holder

$198

$102+95.1%

$13,411-98.5%

$115+72.1%

Provider

Service type

Compensation

NATIONWIDE4+ years

Filed as: NATIONWIDE FINANCIAL

Service code 13 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$39,984

LPL FINANCIAL4+ years

Filed as: LPL FIANCIAL

Service code 28 · EIN 95-2834236

Investment Management

$20,104

EPIC RETIREMENT PLAN SERVICES4+ years

Filed as: CAPITAL RETIREMENT PLAN SERVICES

Service code 14 · EIN 25-1802421

501 CORPORATE DRIVE · CANONSBURG, PA 15317

Plan Administrator

$19,584

GLOBAL RETIREMENT PARTNERS LLC1 year

Filed as: GLOBAL RETIREMENT PARTNERS, LLC

Service code 28 · EIN 47-1411118

4340 REDWOOD HWY #B-60 · SAN RAFAEL, CA 94903

Investment Management

$17,215

VERLAND AND AFFILIATES 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VERLAND AND AFFILIATES 403(B) 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