Retirement plan

VOCE 401(K) PROFIT SHARING PLAN

Name: VOCE - VOCE 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: VOCE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VOCE 401(K) PROFIT SHARING PLAN, VOCE

VOCEEIN 25-1839211Plan #001PY 2023

471 JPL WICK DRIVE, PO BOX 4538 - HARRISBURG, PA 17111717-236-8570vocetogether.orgLinkedIn201-500 employeesindividual & family services

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$19.1M

+16.0% from 2022

Total participants

443

+1.8% from 2022

Average account balance

$43,192

+12.8% from 2022

Annual return

12.82%

+27.87 pp from 2022

Benchmarks

See 4,038 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,038 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.06M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

443

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.

99.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$238

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 2 by compensation

Provider	Service type	Compensation
RBC WEALTH MANAGEMENT6 years Service code 22 635 N 12TH STREET · LEMOYNE, PA 17043	Insurance Broker	$53,685
NWPS3 years Service code 37 · EIN 91-2090931 4025 DELRIDGE WAY SW · SEATTLE, WA 98106	Loan Processing	$41,194

Plan features & details

Pension benefit codes2E2F2G2J2T3D2S

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$95K

$297 / participant

Investment mgmt$54K56.6%
Other / not subdivided$41K43.4%

% of EOY assets

0.496%

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: BOYER & RITTER LLC
Auditor EIN: 231311005
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,192

$47,163-8.4%

$149,696-71.1%

$74,460-42.0%

Participation rate

100.0%

63.4%+36.6pp

78.8%+21.2pp

70.7%+29.3pp

Annual return

12.82%

22.75%-9.9pp

134.46%-121.6pp

34.38%-21.6pp

Employer contribution / active EE

$3,391

$1,907+77.9%

$4,821-29.6%

$2,638+28.6%

Participant deferral / active EE

$2,954

$2,730+8.2%

$5,682-48.0%

$4,530-34.8%

Admin fee / account holder

$214

$343-37.5%

$13,212-98.4%

$348-38.4%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT6 years

Service code 22

635 N 12TH STREET · LEMOYNE, PA 17043

Insurance Broker

$53,685

NWPS3 years

Service code 37 · EIN 91-2090931

4025 DELRIDGE WAY SW · SEATTLE, WA 98106

Loan Processing

$41,194

VOCE 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VOCE 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