Retirement plan

MVE PARTNERS, INC. PROFIT SHARING 401(K) PLAN

Name: MVE PARTNERS, INC. - MVE PARTNERS, INC. PROFIT SHARING 401(K) PLAN (2019) Form 5500
Creator: MVE PARTNERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MVE PARTNERS, INC. PROFIT SHARING 401(K) PLAN, MVE PARTNERS, INC.

MVE PARTNERS, INC.EIN 33-0886582Plan #002PY 2019

1900 MAIN STREET, SUITE 800 - IRVINE, CA 92614949-809-3388mve-architects.comLinkedIn51-200 employeesarchitecture & planning

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$7.8M

+13.3% from 2018

Total participants

100

-2.0% from 2018

Average account balance

$86,218

+12.0% from 2018

Annual return

23.63%

+28.20 pp from 2018

Benchmarks

See 25,909 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,909 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.05M

Not enough data

1 years with asset history on file

Average account balance

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

$143K

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.

128.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$788K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+15.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10710

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

Top 5 by compensation

Provider	Service type	Compensation
FOSTER & FOSTER1 year Filed as: FOSTER AND LAWRENCE ACCOUNTANCY COR Service code 10	Accounting	$14,500
ADP BROKER-DEALER5+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$670
ADP BROKER-DEALER5+ years Service code 59 · EIN 22-3319984	Shareholder Servicing	$0
FOSTER AND LAWRENCE ACCOUNTACY CORP3 years Service code 10 · EIN 41-2100638	Accounting	$0
MORGAN STANLEY SMITH BARNEY3 years Service code 49 800 NEWPORT CENTER DRIVE · NEWPORT BEACH, CA 92660	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3F3H

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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$670

$10 / participant

Other / not subdivided$670100.0%

% of EOY assets

0.009%

all-in expense ratio

Categories reported

0 / 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: FOSTER AND LAWRENCE
Auditor EIN: 412100638
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,218

$89,370-3.5%

$141,197-38.9%

$72,976+18.1%

Participation rate

85.3%

75.1%+10.2pp

82.5%+2.8pp

69.5%+15.8pp

Annual return

23.63%

111.88%-88.2pp

71.41%-47.8pp

81.02%-57.4pp

Employer contribution / active EE

$1,006

$3,115-67.7%

$4,736-78.8%

$2,440-58.8%

Participant deferral / active EE

$6,755

$5,419+24.7%

$6,710+0.7%

$3,608+87.3%

Admin fee / account holder

$5,957-99.9%

$10,265-99.9%

$5,124-99.9%

Provider

Service type

Compensation

FOSTER & FOSTER1 year

Filed as: FOSTER AND LAWRENCE ACCOUNTANCY COR

Service code 10

Accounting

$14,500

ADP BROKER-DEALER5+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$670

ADP BROKER-DEALER5+ years

Service code 59 · EIN 22-3319984

Shareholder Servicing

FOSTER AND LAWRENCE ACCOUNTACY CORP3 years

Service code 10 · EIN 41-2100638

Accounting

MORGAN STANLEY SMITH BARNEY3 years

Service code 49

800 NEWPORT CENTER DRIVE · NEWPORT BEACH, CA 92660

Other Services

MVE PARTNERS, INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MVE PARTNERS, INC. 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