Retirement plan

THE VANIR 401(K) PLAN

Name: VANIR GROUP OF COMPANIES, INC. - THE VANIR 401(K) PLAN (2017) Form 5500
Creator: VANIR GROUP OF COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE VANIR 401(K) PLAN, VANIR GROUP OF COMPANIES, INC.

VANIR GROUP OF COMPANIES, INC.EIN 33-0074517Plan #001PY 2017

4540 DUCKHORN DR, STE 100 - SACRAMENTO, CA 95834916-575-8888LinkedIn1-10 employeesconstruction

Prospect flagsHigh feesLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$35.5M

+13.7% from 2016

Total participants

502

+1.0% from 2016

Average account balance

$88,869

+19.1% from 2016

Annual return

17.51%

+11.82 pp from 2016

Benchmarks

See 565 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort565 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$55.46M

Not enough data

1 years with asset history on file

Average account balance

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

$146K

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.

381

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.

70.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.87M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+15.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$746

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
INVESTMENT ADVISORS CORP1 year Service code 16 140 SOUTH 68TH STREET · WEST DES MOINES, IA 50266	Consulting	$124,918
CORRELL CO.1 year Service code 15 · EIN 36-3492086	Recordkeeping	$43,889

Plan features & details

Pension benefit codes2E2G2J2K3D3F3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$169K

$501 / participant

Investment mgmt$125K74.0%
Other / not subdivided$44K26.0%

% of EOY assets

0.475%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BFBA, LLP
Auditor EIN: 680000424
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$88,869

$46,966+89.2%

$185,117-52.0%

$69,631+27.6%

Participation rate

69.7%

65.3%+4.5pp

77.3%-7.5pp

70.7%-1.0pp

Annual return

17.51%

22.36%-4.9pp

40.50%-23.0pp

27571.02%-27553.5pp

Employer contribution / active EE

$3,384

$1,360+148.8%

$4,182-19.1%

$2,032+66.5%

Participant deferral / active EE

$7,328

$3,017+142.9%

$5,045+45.2%

$3,224+127.3%

Admin fee / account holder

$422

$94+349.8%

$8,159-94.8%

$110+282.1%

Provider

Service type

Compensation

INVESTMENT ADVISORS CORP1 year

Service code 16

140 SOUTH 68TH STREET · WEST DES MOINES, IA 50266

Consulting

$124,918

CORRELL CO.1 year

Service code 15 · EIN 36-3492086

Recordkeeping

$43,889

THE VANIR 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE VANIR 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