Retirement plan

VALLEY ELECTRIC SERVICES, LLC 401(K) PLAN

Name: VALLEY ELECTRIC SERVICES, LLC - VALLEY ELECTRIC SERVICES, LLC 401(K) PLAN (2018) Form 5500
Creator: VALLEY ELECTRIC SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VALLEY ELECTRIC SERVICES, LLC 401(K) PLAN, VALLEY ELECTRIC SERVICES, LLC

VALLEY ELECTRIC SERVICES, LLCEIN 48-1290422Plan #001PY 2018

4508 E. US HWY 270 - MCALESTER, OK 74501918-426-4500valleyelectricservices.comLinkedIn11-50 employeesoil & energy

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$491K

+6.8% from 2017

Total participants

+20.0% from 2017

Average account balance

$61,361

+6.8% from 2017

Annual return

-7.79%

-27.96 pp from 2017

Benchmarks

See 38,940 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort38,940 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$99K

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

58.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$18K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+12.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6879

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$205

$21 / participant

Other / not subdivided$205100.0%

% of EOY assets

0.042%

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

$61,361

$97,732-37.2%

$83,831-26.8%

$135,380-54.7%

Participation rate

60.0%

80.0%-20.0pp

76.1%-16.1pp

82.6%-22.6pp

Annual return

-7.79%

1287.56%-1295.3pp

850.99%-858.8pp

519.81%-527.6pp

Employer contribution / active EE

$1,751

$4,222-58.5%

$3,631-51.8%

$4,779-63.4%

Participant deferral / active EE

$4,965

$4,683+6.0%

$4,082+21.6%

$5,609-11.5%

Admin fee / account holder

$26

$6,675-99.6%

$5,479-99.5%

$10,828-99.8%

VALLEY ELECTRIC SERVICES, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VALLEY ELECTRIC SERVICES, LLC 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