Retirement plan

VALLEY EYE ASSOCIATES 401(K) RETIREMENT SAVINGS PLAN

Name: VALLEY EYE ASSOCIATES - VALLEY EYE ASSOCIATES 401(K) RETIREMENT SAVINGS PLAN (2023) 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 2023

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)

$5.6M

+39.9% from 2022

Total participants

217

+23.3% from 2022

Average account balance

$25,650

-0.1% from 2022

Annual return

18.14%

+34.51 pp from 2022

Benchmarks

See 5,710 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,710 peers

Snapshot2023

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
PCS RETIREMENT, LLC2 years Filed as: PCS RETIREMENT LLC Service code 64 · EIN 23-3038464	Recordkeeping Fees	$17,953
CLIFTONLARSONALLEN LLP4 years Service code 26 · EIN 41-0746749 220 S 6TH STREET, STE 300 · MINNEAPOLIS, MN 55402	Advisory (Participants)	$12,936

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

$38K

$269 / participant

Recordkeeping$25K65.6%
Investment mgmt$13K34.4%

% of EOY assets

0.676%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BOYUM & BARENSCHEER PLLP
Auditor EIN: 416192096
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,650

$61,338-58.2%

$149,717-82.9%

$71,495-64.1%

Participation rate

100.0%

62.5%+37.5pp

78.8%+21.2pp

67.9%+32.1pp

Annual return

18.14%

35.86%-17.7pp

134.41%-116.3pp

28.85%-10.7pp

Employer contribution / active EE

$1,980

$2,381-16.9%

$4,820-58.9%

$2,589-23.6%

Participant deferral / active EE

$5,022

$2,919+72.0%

$5,682-11.6%

$4,291+17.0%

Admin fee / account holder

$173

$1,263-86.3%

$13,213-98.7%

$1,588-89.1%

Provider

Service type

Compensation

PCS RETIREMENT, LLC2 years

Filed as: PCS RETIREMENT LLC

Service code 64 · EIN 23-3038464

Recordkeeping Fees

$17,953

CLIFTONLARSONALLEN LLP4 years

Service code 26 · EIN 41-0746749

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

Advisory (Participants)

$12,936

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