Retirement plan

HUDSON VALLEY AUDIO VISUAL, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: HUDSON VALLEY AUDIO VISUAL, INC. - HUDSON VALLEY AUDIO VISUAL, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2022) Form 5500
Creator: HUDSON VALLEY AUDIO VISUAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HUDSON VALLEY AUDIO VISUAL, INC. 401(K) PROFIT SHARING PLAN AND TRUST, HUDSON VALLEY AUDIO VISUAL, INC.

HUDSON VALLEY AUDIO VISUAL, INC.EIN 41-2095792Plan #001PY 2022

1914 ROUTE 44/55 - MODENA, NY 12548845-797-7000hudsonvalleyav.comLinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$273K

+1.3% from 2021

Total participants

-9.1% from 2021

Average account balance

$30,321

+12.6% from 2021

Annual return

-18.74%

-35.27 pp from 2021

Benchmarks

See 18,479 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort18,479 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$537K

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

57.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$91K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1577

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$21K

$2585 / participant

Other / not subdivided$21K100.0%

% of EOY assets

7.578%

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

$30,321

$190,879-84.1%

$160,009-81.1%

$134,532-77.5%

Participation rate

87.5%

82.0%+5.5pp

78.0%+9.5pp

81.2%+6.3pp

Annual return

-18.74%

552.63%-571.4pp

408.85%-427.6pp

418.27%-437.0pp

Employer contribution / active EE

$3,463

$4,995-30.7%

$4,225-18.0%

$4,741-27.0%

Participant deferral / active EE

$5,849

$6,924-15.5%

$6,183-5.4%

$6,401-8.6%

Admin fee / account holder

$2,298

$10,495-78.1%

$8,715-73.6%

$11,429-79.9%

HUDSON VALLEY AUDIO VISUAL, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HUDSON VALLEY AUDIO VISUAL, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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