Retirement plan

HUDSON VALLEY RESOURCE GROUP 401(K) PLAN

Name: HUDSON VALLEY RESOURCE GROUP - HUDSON VALLEY RESOURCE GROUP 401(K) PLAN (2020) Form 5500
Creator: HUDSON VALLEY RESOURCE GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HUDSON VALLEY RESOURCE GROUP 401(K) PLAN, HUDSON VALLEY RESOURCE GROUP

HUDSON VALLEY RESOURCE GROUPEIN 26-2609548Plan #001PY 2020

1 HUDSON CITY CENTRE, SUITE 203 - HUDSON, NY 12534518-751-3013hudsonvalleyresourcegroup.comLinkedIn1-10 employeeshuman resources

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$666K

+20.6% from 2019

Total participants

+66.7% from 2019

Average account balance

$133,267

-27.6% from 2019

Annual return

13.20%

-66.54 pp from 2019

Benchmarks

See 120,779 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,779 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.08M

Not enough data

1 years with asset history on file

Average account balance

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

$154K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$62K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+7.05%

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 codes2E2J2R2T3D

Plan features

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

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

$133,267

$165,361-19.4%

$149,715-11.0%

$158,950-16.2%

Participation rate

100.0%

84.6%+15.4pp

82.5%+17.5pp

82.0%+18.0pp

Annual return

13.20%

348.24%-335.0pp

276.66%-263.5pp

302.91%-289.7pp

Employer contribution / active EE

$1,866

$5,103-63.4%

$4,645-59.8%

$4,762-60.8%

Participant deferral / active EE

$8,409

$7,182+17.1%

$6,842+22.9%

$5,983+40.6%

Admin fee / account holder

$10,808-100.0%

$9,310-100.0%

$11,248-100.0%

HUDSON VALLEY RESOURCE GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

HUDSON VALLEY RESOURCE GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion