Retirement plan

VINYLMAX, LLC PROFIT SHARING 401(K) PLAN

Name: VINYLMAX LLC - VINYLMAX, LLC PROFIT SHARING 401(K) PLAN (2021) Form 5500
Creator: VINYLMAX LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VINYLMAX, LLC PROFIT SHARING 401(K) PLAN, VINYLMAX LLC

VINYLMAX LLCEIN 31-1564962Plan #001PY 2021

2921 MCBRIDE COURT - HAMILTON, OH 450115420513-772-2247LinkedIn1-10 employees

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$9.9M

+16.8% from 2020

Total participants

318

+39.5% from 2020

Average account balance

$38,516

-13.5% from 2020

Annual return

14.96%

-0.54 pp from 2020

Benchmarks

See 1,172 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,172 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.49M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

229

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.

81.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.04M

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

+11.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$318

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 3 by compensation

Provider	Service type	Compensation
PENSION CORPORATION OF AMERICA7+ years Service code 13 · EIN 31-1360674	Contract Administrator	$31,405
PCA INVESTMENT ADVISORY SERVICES2 years Service code 27 · EIN 59-3766965	Advisory (Plan)	$20,120
BARNES, IACCARINO & SHEPHERD LLP7+ years Filed as: BARNES DENNIG & CO., LTD Service code 10 · EIN 31-1119890	Accounting	$12,000

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$62K

$223 / participant

Investment mgmt$20K32.3%
Contract admin$30K48.4%
Other / not subdivided$12K19.3%

% of EOY assets

0.626%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BARNES DENNIG & CO., LTD
Auditor EIN: 311119890
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,516

$93,131-58.6%

$106,554-63.9%

$86,821-55.6%

Participation rate

78.5%

81.4%-2.9pp

76.1%+2.4pp

72.3%+6.2pp

Annual return

14.96%

19.45%-4.5pp

26.80%-11.8pp

97.94%-83.0pp

Employer contribution / active EE

$1,551

$2,895-46.4%

$2,819-45.0%

$2,406-35.5%

Participant deferral / active EE

$2,319

$4,708-50.7%

$4,398-47.3%

$4,132-43.9%

Admin fee / account holder

$241

$145+66.3%

$7,408-96.7%

$170+42.3%

Provider

Service type

Compensation

PENSION CORPORATION OF AMERICA7+ years

Service code 13 · EIN 31-1360674

Contract Administrator

$31,405

PCA INVESTMENT ADVISORY SERVICES2 years

Service code 27 · EIN 59-3766965

Advisory (Plan)

$20,120

BARNES, IACCARINO & SHEPHERD LLP7+ years

Filed as: BARNES DENNIG & CO., LTD

Service code 10 · EIN 31-1119890

Accounting

$12,000

VINYLMAX, LLC PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VINYLMAX, LLC PROFIT SHARING 401(K) 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