Retirement plan

VANCE BROTHERS, INC. RETIREMENT PLAN

Name: VANCE BROTHERS, INC. - VANCE BROTHERS, INC. RETIREMENT PLAN (2019) Form 5500
Creator: VANCE BROTHERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VANCE BROTHERS, INC. RETIREMENT PLAN, VANCE BROTHERS, INC.

VANCE BROTHERS, INC.EIN 44-0577983Plan #002PY 2019

5201 BRIGHTON AVE. - KANSAS CITY, MO 64130816-923-4325vancebrothers.comLinkedIn201-500 employeesconstruction

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$14.5M

+22.7% from 2018

Total participants

442

+10.5% from 2018

Average account balance

$33,148

+6.5% from 2018

Annual return

19.20%

+24.93 pp from 2018

Benchmarks

See 1,163 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,163 peers

Snapshot2019

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

$513K

Not enough data

1 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

-93.38%

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

Top 3 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS3 years Service code 12 · EIN 13-3689044	Float revenue; Recordkeeping and info...	$50,274
TWO WEST CAPITAL ADVISORS5+ years Filed as: TWO WEST CAPITAL ADVISORS LLC Service code 27 · EIN 24-3055170	Advisory (Plan)	$21,113
MCNAIR AND SPANGLER LLC2 years Service code 10 · EIN 26-3930354	Accounting	$10,500

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$75K

$199 / participant

Investment mgmt$32K41.9%
Other / not subdivided$44K58.1%

% of EOY assets

0.519%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MCNAIR AND SPANGLER
Auditor EIN: 263930354
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,148

$74,347-55.4%

$93,621-64.6%

$67,582-51.0%

Participation rate

98.9%

80.6%+18.3pp

75.8%+23.1pp

71.3%+27.7pp

Annual return

19.20%

28.07%-8.9pp

32.76%-13.6pp

378.57%-359.4pp

Employer contribution / active EE

$1,617

$2,583-37.4%

$2,719-40.5%

$2,148-24.7%

Participant deferral / active EE

$1,979

$4,060-51.3%

$4,070-51.4%

$3,539-44.1%

Admin fee / account holder

$172

$123+40.3%

$7,890-97.8%

$142+21.0%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS3 years

Service code 12 · EIN 13-3689044

Float revenue; Recordkeeping and info...

$50,274

TWO WEST CAPITAL ADVISORS5+ years

Filed as: TWO WEST CAPITAL ADVISORS LLC

Service code 27 · EIN 24-3055170

Advisory (Plan)

$21,113

MCNAIR AND SPANGLER LLC2 years

Service code 10 · EIN 26-3930354

Accounting

$10,500

VANCE BROTHERS, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VANCE BROTHERS, INC. RETIREMENT PLAN

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