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 (2023) 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 2023

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

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$406K

+48.9% from 2022

Total participants

+10.0% from 2022

Average account balance

$36,941

+21.8% from 2022

Annual return

19.44%

+38.18 pp from 2022

Benchmarks

See 19,279 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort19,279 peers

Snapshot2023

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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$200

$22 / participant

Other / not subdivided$200100.0%

% of EOY assets

0.049%

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

$36,941

$202,440-81.8%

$169,390-78.2%

$139,466-73.5%

Participation rate

100.0%

81.1%+18.9pp

77.2%+22.8pp

80.3%+19.7pp

Annual return

19.44%

532.36%-512.9pp

406.07%-386.6pp

373.66%-354.2pp

Employer contribution / active EE

$3,114

$4,693-33.6%

$4,013-22.4%

$4,754-34.5%

Participant deferral / active EE

$5,822

$6,940-16.1%

$6,222-6.4%

$6,712-13.3%

Admin fee / account holder

$18

$10,722-99.8%

$9,015-99.8%

$11,409-99.8%

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