Retirement plan

AVESHKA, INC. 401(K) RETIREMENT SAVINGS PLAN

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

AVESHKA, INC.EIN 27-2056047Plan #002PY 2024

1900 GALLOWS ROAD - VIENNA, VA 22182571-814-5700

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.5M

-8.8% from 2023

Total participants

236

-41.0% from 2023

Average account balance

$34,936

+58.7% from 2023

Annual return

10.36%

-6.83 pp from 2023

Benchmarks

See 1,012 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort1,012 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.51M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

215

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.

79.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$772K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$172

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 10 of 14 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC1 year Filed as: T. ROWE PRICE RPS, INC. Service code 15 · EIN 52-1309931	Recordkeeping	$34,579
VOYA RETIREMENT INSURANCE & ANNUITY4 years Service code 28 · EIN 71-0294708	Investment Management	$2,360
AMERICAN FUNDS1 year Service code 28 · EIN 95-1411037	Investment Management	$0
BLACKROCK1 year Filed as: BLACKROCK FUNDS Service code 28 · EIN 04-6171663	Investment Management	$0
COLUMBIA1 year Filed as: COLUMBIA FUNDS Service code 28 · EIN 93-0577450	Investment Management	$0
DIMENSIONAL FUND ADVISORS1 year Filed as: DIMENSIONAL FUNDS Service code 28 · EIN 95-4470812	Investment Management	$0
FRANKLIN TEMPLETON1 year Service code 28 · EIN 13-2670991	Investment Management	$0
MORGAN STANLEY SMITH BARNEY1 year Filed as: JP MORGAN FUNDS Service code 28 · EIN 13-2624428	Investment Management	$0
DELAWARE INVESTMENTS1 year Filed as: MACQUARIE MID CAP GROWTH R6 Service code 28 1 FREEDOM VALLEY DRIVE · OAKS, PA 19456	Investment Management	$0
PIMCO FUNDS1 year Service code 28 · EIN 33-0629048	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$37K

$369 / participant

Recordkeeping$37K100.0%

% of EOY assets

0.492%

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: UHY LLP
Auditor EIN: 200694403
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,936

$79,045-55.8%

$100,378-65.2%

$74,429-53.1%

Participation rate

79.0%

79.4%-0.4pp

81.5%-2.5pp

67.2%+11.8pp

Annual return

10.36%

20.61%-10.3pp

49.41%-39.1pp

1368.38%-1358.0pp

Employer contribution / active EE

$1,054

$3,015-65.0%

$3,942-73.3%

$2,625-59.8%

Participant deferral / active EE

$6,669

$7,751-14.0%

$8,087-17.5%

$4,348+53.4%

Admin fee / account holder

$172

$1,335-87.1%

$7,899-97.8%

$1,944-91.2%

Provider

Service type

Compensation

T ROWE PRICE RPS INC1 year

Filed as: T. ROWE PRICE RPS, INC.

Service code 15 · EIN 52-1309931

Recordkeeping

$34,579

VOYA RETIREMENT INSURANCE & ANNUITY4 years

Service code 28 · EIN 71-0294708

Investment Management

$2,360

AMERICAN FUNDS1 year

Service code 28 · EIN 95-1411037

Investment Management

BLACKROCK1 year

Filed as: BLACKROCK FUNDS

Service code 28 · EIN 04-6171663

Investment Management

COLUMBIA1 year

Filed as: COLUMBIA FUNDS

Service code 28 · EIN 93-0577450

Investment Management

DIMENSIONAL FUND ADVISORS1 year

Filed as: DIMENSIONAL FUNDS

Service code 28 · EIN 95-4470812

Investment Management

FRANKLIN TEMPLETON1 year

Service code 28 · EIN 13-2670991

Investment Management

MORGAN STANLEY SMITH BARNEY1 year

Filed as: JP MORGAN FUNDS

Service code 28 · EIN 13-2624428

Investment Management

DELAWARE INVESTMENTS1 year

Filed as: MACQUARIE MID CAP GROWTH R6

Service code 28

1 FREEDOM VALLEY DRIVE · OAKS, PA 19456

Investment Management

PIMCO FUNDS1 year

Service code 28 · EIN 33-0629048

Investment Management

AVESHKA, INC. 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AVESHKA, INC. 401(K) RETIREMENT SAVINGS 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