Retirement plan

403(B) THRIFT PLAN OF VISION LOSS RESOURCES, INC.

Name: VISION LOSS RESOURCES, INC. - 403(B) THRIFT PLAN OF VISION LOSS RESOURCES, INC. (2020) Form 5500
Creator: VISION LOSS RESOURCES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF VISION LOSS RESOURCES, INC., VISION LOSS RESOURCES, INC.

VISION LOSS RESOURCES, INC.EIN 41-0694713Plan #002PY 2020

1936 LYNDALE AVE S - MINNEAPOLIS, MN 554033101612-871-2222visionlossresources.orgLinkedIn51-200 employeeshealth, wellness and fitness

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3M

+11.8% from 2019

Total participants

0.0% from 2019

Average account balance

$68,362

+11.8% from 2019

Annual return

18.46%

-12.19 pp from 2019

Benchmarks

See 102,105 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,105 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

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 codes2F2G

Plan features

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.

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

$285K

$12977 / participant

Other / not subdivided$285K100.0%

% of EOY assets

9.491%

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

$68,362

$209,428-67.4%

$178,498-61.7%

$158,950-57.0%

Participation rate

95.5%

86.4%+9.1pp

81.9%+13.5pp

82.0%+13.5pp

Annual return

18.46%

188.78%-170.3pp

151.09%-132.6pp

302.91%-284.4pp

Employer contribution / active EE

$1,476

$5,707-74.1%

$5,011-70.5%

$4,762-69.0%

Participant deferral / active EE

$3,316

$5,955-44.3%

$5,202-36.3%

$5,983-44.6%

Admin fee / account holder

$6,489

$17,077-62.0%

$13,985-53.6%

$11,248-42.3%

403(B) THRIFT PLAN OF VISION LOSS RESOURCES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF VISION LOSS RESOURCES, INC.

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