Retirement plan

VANAMATIC COMPANY 401K SALARY REDUCTION PLAN AND TRUST

Name: VANAMATIC COMPANY - VANAMATIC COMPANY 401K SALARY REDUCTION PLAN AND TRUST (2016) Form 5500
Creator: VANAMATIC COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VANAMATIC COMPANY 401K SALARY REDUCTION PLAN AND TRUST, VANAMATIC COMPANY

VANAMATIC COMPANYEIN 34-4448082Plan #001PY 2016

701 AMBROSE DR - DELPHOS, OH 458339179419-692-6085vanamatic.comLinkedIn51-200 employeesaviation & aerospace

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.5M

+6.1% from 2015

Total participants

-6.3% from 2015

Average account balance

$95,502

+23.3% from 2015

Annual return

5.51%

+8.02 pp from 2015

Benchmarks

See 15,087 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort15,087 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.66M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

107

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.

89.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$571K

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

+15.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12462

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$305K

$4547 / participant

Other / not subdivided$305K100.0%

% of EOY assets

4.691%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$95,502

$60,349+58.2%

$74,184+28.7%

$62,881+51.9%

Participation rate

91.0%

72.7%+18.3pp

76.6%+14.4pp

69.3%+21.7pp

Annual return

5.51%

21.38%-15.9pp

17.74%-12.2pp

20.14%-14.6pp

Employer contribution / active EE

$871

$1,680-48.1%

$2,370-63.2%

$2,281-61.8%

Participant deferral / active EE

$3,841

$2,856+34.5%

$3,550+8.2%

$3,203+19.9%

Admin fee / account holder

$4,480

$4,261+5.1%

$5,586-19.8%

$4,296+4.3%

VANAMATIC COMPANY 401K SALARY REDUCTION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VANAMATIC COMPANY 401K SALARY REDUCTION PLAN AND TRUST

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