Retirement plan

STORM VENTURES 401(K) RETIREMENT AND SAVINGS PLAN

Name: STORM VENTURES, L.L.C. - STORM VENTURES 401(K) RETIREMENT AND SAVINGS PLAN (2017) Form 5500
Creator: STORM VENTURES, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STORM VENTURES 401(K) RETIREMENT AND SAVINGS PLAN, STORM VENTURES, L.L.C.

STORM VENTURES, L.L.C.EIN 41-2070163Plan #001PY 2017

3000 SAND HILL ROAD, BLDG 4, SUITE 210 - MENLO PARK, CA 94025650-926-8800stormventures.comLinkedIn11-50 employeesventure capital & private equity

Prospect flagsLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$2M

+20.8% from 2016

Total participants

0.0% from 2016

Average account balance

$156,598

+11.5% from 2016

Annual return

16.01%

+8.21 pp from 2016

Benchmarks

See 30,802 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,802 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.23M

Not enough data

1 years with asset history on file

Average account balance

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

$374K

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.

107.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$143K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$563

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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$156,598

$171,867-8.9%

$149,721+4.6%

$147,586+6.1%

Participation rate

81.8%

88.2%-6.4pp

87.1%-5.2pp

82.8%-1.0pp

Annual return

16.01%

2113.36%-2097.4pp

1501.67%-1485.7pp

578.59%-562.6pp

Employer contribution / active EE

$6,275-100.0%

$5,444-100.0%

$4,876-100.0%

Participant deferral / active EE

$7,326

$7,270+0.8%

$6,568+11.5%

$5,439+34.7%

Admin fee / account holder

$13,799-100.0%

$11,282-100.0%

$10,886-100.0%

STORM VENTURES 401(K) RETIREMENT AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

STORM VENTURES 401(K) RETIREMENT AND SAVINGS 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