Retirement plan

PATRICIA VERBY PSYCHOLOGICAL SERVICES 401(K) PROFIT SHARING PLAN

Name: PATRICIA VERBY PSYCHOLOGICAL SERVICES, INC. - PATRICIA VERBY PSYCHOLOGICAL SERVICES 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: PATRICIA VERBY PSYCHOLOGICAL SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PATRICIA VERBY PSYCHOLOGICAL SERVICES 401(K) PROFIT SHARING PLAN, PATRICIA VERBY PSYCHOLOGICAL SERVICES, INC.

PATRICIA VERBY PSYCHOLOGICAL SERVICES, INC.EIN 41-1968480Plan #001PY 2018

1751 SOUTHCROSS DR. W. - BURNSVILLE, MN 553067012952-892-7690

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$154K

+16.0% from 2017

Total participants

+16.7% from 2017

Average account balance

$25,626

-3.3% from 2017

Annual return

-5.89%

-23.57 pp from 2017

Benchmarks

See 105,557 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,557 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$967K

Not enough data

1 years with asset history on file

Average account balance

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

$107K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$122K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+15.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$27168

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 codes2E2F2G2J2T3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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

$25,626

$180,459-85.8%

$154,108-83.4%

$135,380-81.1%

Participation rate

83.3%

87.4%-4.1pp

83.0%+0.3pp

82.6%+0.7pp

Annual return

-5.89%

888.21%-894.1pp

735.21%-741.1pp

519.81%-525.7pp

Employer contribution / active EE

$2,228

$6,035-63.1%

$5,298-57.9%

$4,779-53.4%

Participant deferral / active EE

$2,604

$5,806-55.2%

$5,081-48.8%

$5,609-53.6%

Admin fee / account holder

$16,145-100.0%

$13,411-100.0%

$10,828-100.0%

PATRICIA VERBY PSYCHOLOGICAL SERVICES 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PATRICIA VERBY PSYCHOLOGICAL SERVICES 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion