Retirement plan

VERMEER GREAT PLAINS INC. 401(K) PLAN

Name: VERMEER GREAT PLAINS, INC. - VERMEER GREAT PLAINS INC. 401(K) PLAN (2017) Form 5500
Creator: VERMEER GREAT PLAINS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VERMEER GREAT PLAINS INC. 401(K) PLAN, VERMEER GREAT PLAINS, INC.

VERMEER GREAT PLAINS, INC.EIN 48-0724051Plan #001PY 2017

PO BOX 7190 - SHAWNEE MISSION, KS 66207913-648-5526vermeergp.comLinkedIn51-200 employeesmachinery

Other plans on this EIN

1 filing

#002Retirement-$16.1M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.6M

-2.5% from 2016

Total participants

-5.3% from 2016

Average account balance

$96,685

+3.2% from 2016

Annual return

13.12%

+4.73 pp from 2016

Benchmarks

See 14,969 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,969 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.98M

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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.

116

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.

112.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.13M

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

+8.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$37700

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 codes3D2E2H2J2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

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

$1.4M

$22754 / participant

Other / not subdivided$1M100.0%

% of EOY assets

21.803%

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

$96,685

$67,606+43.0%

$82,313+17.5%

$70,124+37.9%

Participation rate

93.7%

72.8%+20.9pp

76.9%+16.8pp

69.5%+24.1pp

Annual return

13.12%

21.57%-8.4pp

25.88%-12.8pp

73.14%-60.0pp

Employer contribution / active EE

$882

$1,755-49.8%

$2,428-63.7%

$2,342-62.4%

Participant deferral / active EE

$5,163

$2,987+72.8%

$3,706+39.3%

$3,332+55.0%

Admin fee / account holder

$21,081

$4,512+367.2%

$5,608+275.9%

$4,645+353.8%

VERMEER GREAT PLAINS INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VERMEER GREAT PLAINS INC. 401(K) 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