Retirement plan

VOGUE FLOWERS & GIFTS LTD 401K PROFIT SHARING PLAN

Name: VOGUE FLOWERS & GIFTS LTD - VOGUE FLOWERS & GIFTS LTD 401K PROFIT SHARING PLAN (2021) Form 5500
Creator: VOGUE FLOWERS & GIFTS LTD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VOGUE FLOWERS & GIFTS LTD 401K PROFIT SHARING PLAN, VOGUE FLOWERS & GIFTS LTD

VOGUE FLOWERS & GIFTS LTDEIN 54-1304457Plan #001PY 2021

1114 N. ARTHUR ASHE BOULEVARD - RICHMOND, VA 23230804-353-9600LinkedIn1-10 employeesretail

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$769K

+47.7% from 2020

Total participants

-25.6% from 2020

Average account balance

$96,106

+140.0% from 2020

Annual return

21.93%

+3.35 pp from 2020

Benchmarks

See 8,919 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,919 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.44M

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

25.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$181K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+19.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1552

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 codes2E2F2G2J3D3H

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$96,106

$65,440+46.9%

$98,506-2.4%

$85,851+11.9%

Participation rate

27.6%

65.0%-37.4pp

73.3%-45.8pp

69.3%-41.7pp

Annual return

21.93%

21.75%+0.2pp

1494.92%-1473.0pp

318.63%-296.7pp

Employer contribution / active EE

$672

$2,169-69.0%

$2,961-77.3%

$2,565-73.8%

Participant deferral / active EE

$3,955

$3,168+24.9%

$4,277-7.5%

$3,952+0.1%

Admin fee / account holder

$4,596-100.0%

$5,955-100.0%

$6,261-100.0%

VOGUE FLOWERS & GIFTS LTD 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

VOGUE FLOWERS & GIFTS LTD 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion