Retirement plan

VALLEY EYE ASSOCIATES 401(K) RETIREMENT SAVINGS PLAN

Name: VALLEY EYE ASSOCIATES - VALLEY EYE ASSOCIATES 401(K) RETIREMENT SAVINGS PLAN (2020) Form 5500
Creator: VALLEY EYE ASSOCIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VALLEY EYE ASSOCIATES 401(K) RETIREMENT SAVINGS PLAN, VALLEY EYE ASSOCIATES

VALLEY EYE ASSOCIATESEIN 39-1791932Plan #001PY 2020

21 PARK PLACE - APPLETON, WI 54914920-749-4058valleyeye.comLinkedIn11-50 employeesmedical practice

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$3M

+42.5% from 2019

Total participants

136

+7.1% from 2019

Average account balance

$24,396

+44.7% from 2019

Annual return

17.78%

-5.04 pp from 2019

Benchmarks

See 5,415 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,415 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-100.00%

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

Top 2 by compensation

Provider	Service type	Compensation
CLIFTONLARSONALLEN LLP1 year Service code 14 · EIN 41-0746749 220 S 6TH STREET, STE 300 · MINNEAPOLIS, MN 55402	Plan Administrator	$19,199
ASPIRE FINANCIAL SERVICES1 year Filed as: ASPIRE FINANCIAL SERVICES, LLC Service code 64 · EIN 27-1033755 4010 BOYSCOUT BLVD, STE 450 · TAMPA, FL 33607	Recordkeeping Fees	$9,053

Plan features & details

Pension benefit codes2E2J2F2G3D3H

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.
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

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

$29K

$271 / participant

Investment mgmt$10K34.0%
Other / not subdivided$19K66.0%

% of EOY assets

0.944%

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: HAWKINS ASH CPAS LP
Auditor EIN: 390912608
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,396

$58,888-58.6%

$178,499-86.3%

$73,493-66.8%

Participation rate

89.6%

66.2%+23.4pp

81.9%+7.7pp

70.7%+18.9pp

Annual return

17.78%

24.86%-7.1pp

151.10%-133.3pp

28.51%-10.7pp

Employer contribution / active EE

$1,658

$2,236-25.9%

$5,011-66.9%

$2,270-27.0%

Participant deferral / active EE

$4,088

$2,568+59.2%

$5,202-21.4%

$3,740+9.3%

Admin fee / account holder

$230

$400-42.5%

$13,986-98.4%

$513-55.1%

Provider

Service type

Compensation

CLIFTONLARSONALLEN LLP1 year

Service code 14 · EIN 41-0746749

220 S 6TH STREET, STE 300 · MINNEAPOLIS, MN 55402

Plan Administrator

$19,199

ASPIRE FINANCIAL SERVICES1 year

Filed as: ASPIRE FINANCIAL SERVICES, LLC

Service code 64 · EIN 27-1033755

4010 BOYSCOUT BLVD, STE 450 · TAMPA, FL 33607

Recordkeeping Fees

$9,053

VALLEY EYE ASSOCIATES 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VALLEY EYE ASSOCIATES 401(K) RETIREMENT SAVINGS 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