Retirement plan

HOFFMANN-VOGLER CO. 401(K) PROFIT SHARING PLAN & TRUST

Name: HOFFMANN-VOGLER CO. - HOFFMANN-VOGLER CO. 401(K) PROFIT SHARING PLAN & TRUST (2020) Form 5500
Creator: HOFFMANN-VOGLER CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOFFMANN-VOGLER CO. 401(K) PROFIT SHARING PLAN & TRUST, HOFFMANN-VOGLER CO.

HOFFMANN-VOGLER CO.EIN 36-2859466Plan #001PY 2020

750 FOREST EDGE DRIVE - VERNON HILLS, IL 60061847-520-5220

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.8M

+18.2% from 2019

Total participants

-5.0% from 2019

Average account balance

$164,248

+25.1% from 2019

Annual return

14.98%

-3.97 pp from 2019

Benchmarks

See 22,196 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,196 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.54M

Not enough data

1 years with asset history on file

Average account balance

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

$236K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$150K

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

+16.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2J3D

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.
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

$120K

$9240 / participant

Other / not subdivided$120K100.0%

% of EOY assets

4.302%

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

$164,248

$162,812+0.9%

$133,971+22.6%

$158,966+3.3%

Participation rate

84.6%

83.2%+1.4pp

79.8%+4.8pp

82.0%+2.7pp

Annual return

14.98%

41.94%-27.0pp

45.09%-30.1pp

302.95%-288.0pp

Employer contribution / active EE

$3,167

$4,976-36.3%

$3,919-19.2%

$4,762-33.5%

Participant deferral / active EE

$11,893

$5,910+101.2%

$5,047+135.6%

$5,983+98.8%

Admin fee / account holder

$7,066

$11,741-39.8%

$8,929-20.9%

$11,250-37.2%

HOFFMANN-VOGLER CO. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOFFMANN-VOGLER CO. 401(K) PROFIT SHARING PLAN & 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