Retirement plan

CERVIN VENTURES MANAGEMENT,LLC 401(K) PROFIT SHARING PLAN

Name: CERVIN VENTURES MANAGEMENT, L.L.C. - CERVIN VENTURES MANAGEMENT,LLC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: CERVIN VENTURES MANAGEMENT, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CERVIN VENTURES MANAGEMENT,LLC 401(K) PROFIT SHARING PLAN, CERVIN VENTURES MANAGEMENT, L.L.C.

CERVIN VENTURES MANAGEMENT, L.L.C.EIN 45-2585836Plan #002PY 2024

820 RAMONA STREET, SUITE 200 - PALO ALTO, CA 94301408-508-1452

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.3M

+37.8% from 2023

Total participants

0.0% from 2023

Average account balance

$132,633

+37.8% from 2023

Annual return

18.52%

-8.24 pp from 2023

Benchmarks

See 37,087 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort37,087 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.33M

Not enough data

1 years with asset history on file

Average account balance

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

$133K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$186K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$31K

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

+18.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$257

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 codes2E2J3D

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.
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

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

$3K

$428 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.194%

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

$132,633

$201,372-34.1%

$184,260-28.0%

$145,884-9.1%

Participation rate

100.0%

87.5%+12.5pp

86.8%+13.2pp

80.3%+19.7pp

Annual return

18.52%

29.04%-10.5pp

28.84%-10.3pp

551.85%-533.3pp

Employer contribution / active EE

$8,431

$7,024+20.0%

$6,427+31.2%

$4,662+80.8%

Participant deferral / active EE

$22,538

$9,808+129.8%

$9,133+146.8%

$6,690+236.9%

Admin fee / account holder

$257

$16,362-98.4%

$13,898-98.2%

$13,392-98.1%

CERVIN VENTURES MANAGEMENT,LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CERVIN VENTURES MANAGEMENT,LLC 401(K) PROFIT SHARING 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