Retirement plan

VASIL MANAGEMENT COMPANY, INC. PROFIT SHARING PLAN AND TRUST

Name: VASIL MANAGEMENT COMPANY, INC. - VASIL MANAGEMENT COMPANY, INC. PROFIT SHARING PLAN AND TRUST (2023) Form 5500
Creator: VASIL MANAGEMENT COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VASIL MANAGEMENT COMPANY, INC. PROFIT SHARING PLAN AND TRUST, VASIL MANAGEMENT COMPANY, INC.

VASIL MANAGEMENT COMPANY, INC.EIN 35-1605056Plan #002PY 2023

860 E. 86TH STREET, SUITE 5 - INDIANAPOLIS, IN 46240317-848-5111

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$953K

+14.6% from 2022

Total participants

+7.7% from 2022

Average account balance

$26,460

-4.5% from 2022

Annual return

7.32%

+14.75 pp from 2022

Benchmarks

See 4,117 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort4,117 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$868K

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$97K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8823

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 codes2E2F2G2R3D3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$35K

$1049 / participant

Other / not subdivided$35K100.0%

% of EOY assets

3.635%

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

$26,460

$70,684-62.6%

$169,397-84.4%

$75,177-64.8%

Participation rate

81.8%

64.8%+17.0pp

77.2%+4.6pp

67.2%+14.6pp

Annual return

7.32%

36.38%-29.1pp

406.23%-398.9pp

160.75%-153.4pp

Employer contribution / active EE

$2,879

$2,211+30.2%

$4,013-28.3%

$2,671+7.8%

Participant deferral / active EE

$4,310-100.0%

$6,223-100.0%

$4,126-100.0%

Admin fee / account holder

$962

$5,404-82.2%

$9,017-89.3%

$5,651-83.0%

VASIL MANAGEMENT COMPANY, INC. PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VASIL MANAGEMENT COMPANY, INC. PROFIT SHARING 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