Retirement plan

OHIO VALLEY FLOORING, INC. RETIREMENT SAVINGS PLAN

Name: OHIO VALLEY FLOORING, INC. - OHIO VALLEY FLOORING, INC. RETIREMENT SAVINGS PLAN (2021) Form 5500
Creator: OHIO VALLEY FLOORING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OHIO VALLEY FLOORING, INC. RETIREMENT SAVINGS PLAN, OHIO VALLEY FLOORING, INC.

OHIO VALLEY FLOORING, INC.EIN 31-0937784Plan #003PY 2021

5555 MURRAY AVE. - CINCINNATI, OH 45227513-561-3399ovf.comLinkedIn51-200 employeesbuilding materials

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$34.9M

+9.6% from 2020

Total participants

175

+4.2% from 2020

Average account balance

$207,485

+4.4% from 2020

Annual return

12.73%

-21.68 pp from 2020

Benchmarks

See 2,250 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,250 peers

Snapshot2021

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$29.89M

Not enough data

1 years with asset history on file

Average account balance

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

$182K

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.

164

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.

96.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.39M

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

+14.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$341

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 10 of 11 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY WEALTH MGMT Service code 27 · EIN 26-4310632	Advisory (Plan)	$65,882
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 49 · EIN 84-0467907	Other Services	$5,107
AB FUNDS5 years Service code 52 · EIN 13-4071393	Indirect Investment Fees	$0
AMERICAN FUNDS5 years Service code 52 · EIN 95-2817150	Indirect Investment Fees	$0
BLACKROCK5 years Service code 52 · EIN 04-6171663	Indirect Investment Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.7+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$0
METROPOLITAN WEST ASSET MANAGEMENT5 years Service code 52 · EIN 95-4597302	Indirect Investment Fees	$0
MFS INVESTMENT MANAGEMENT5 years Service code 52 · EIN 04-3158862	Indirect Investment Fees	$0
PIMCO FUNDS5 years Service code 52 · EIN 95-2632339	Indirect Investment Fees	$0
T ROWE PRICE RPS INC5 years Filed as: T. ROWE PRICE Service code 52 · EIN 52-0655816	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3B3H2S2T

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$5K

$33 / participant

Contract admin$5K100.0%

% of EOY assets

0.015%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: CLARK SCHAEFER HACKETT
Auditor EIN: 311093784
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$207,485

$93,182+122.7%

$146,665+41.5%

$79,386+161.4%

Participation rate

95.5%

76.4%+19.1pp

80.1%+15.4pp

70.7%+24.8pp

Annual return

12.73%

21.61%-8.9pp

22.74%-10.0pp

116.85%-104.1pp

Employer contribution / active EE

$1,261

$2,420-47.9%

$4,136-69.5%

$2,427-48.1%

Participant deferral / active EE

$5,226

$4,169+25.4%

$5,506-5.1%

$4,046+29.2%

Admin fee / account holder

$30

$585-94.8%

$10,280-99.7%

$626-95.1%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY WEALTH MGMT

Service code 27 · EIN 26-4310632

Advisory (Plan)

$65,882

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: GREAT WEST LIFE & ANNUITY INSURANCE

Service code 49 · EIN 84-0467907

Other Services

$5,107

AB FUNDS5 years

Service code 52 · EIN 13-4071393

Indirect Investment Fees

AMERICAN FUNDS5 years

Service code 52 · EIN 95-2817150

Indirect Investment Fees

BLACKROCK5 years

Service code 52 · EIN 04-6171663

Indirect Investment Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.7+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

METROPOLITAN WEST ASSET MANAGEMENT5 years

Service code 52 · EIN 95-4597302

Indirect Investment Fees

MFS INVESTMENT MANAGEMENT5 years

Service code 52 · EIN 04-3158862

Indirect Investment Fees

PIMCO FUNDS5 years

Service code 52 · EIN 95-2632339

Indirect Investment Fees

T ROWE PRICE RPS INC5 years

Filed as: T. ROWE PRICE

Service code 52 · EIN 52-0655816

Indirect Investment Fees

OHIO VALLEY FLOORING, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OHIO VALLEY FLOORING, INC. 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