Retirement plan

IVS GROUP, INC. & AFFILIATES EMPLOYEE STOCK OWNERSHIP PLAN

Name: IVS GROUP, INC. & AFFILIATES - IVS GROUP, INC. & AFFILIATES EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: IVS GROUP, INC. & AFFILIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IVS GROUP, INC. & AFFILIATES EMPLOYEE STOCK OWNERSHIP PLAN, IVS GROUP, INC. & AFFILIATES

IVS GROUP, INC. & AFFILIATESEIN 55-0614475Plan #003PY 2023

1439 1ST AVE, SOUTH - NITRO, WV 25143304-982-6281LinkedIn201-500 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$7.8M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$9.2M

No prior year

Total participants

No prior year

Average account balance

$103,322

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 18,032 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,032 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.92M

Not enough data

1 years with asset history on file

Average account balance

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

$147K

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.

95.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$986K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6785

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 codes2P3I

Plan features

2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

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

$279K

$3033 / participant

Other / not subdivided$279K100.0%

% of EOY assets

3.034%

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

$103,322

$73,988+39.6%

$96,538+7.0%

$75,177+37.4%

Participation rate

95.7%

66.4%+29.2pp

74.3%+21.3pp

67.2%+28.4pp

Annual return

0.00%

26.73%-26.7pp

35.74%-35.7pp

160.75%-160.8pp

Employer contribution / active EE

$7,144

$2,930+143.8%

$3,740+91.0%

$2,671+167.5%

Participant deferral / active EE

$3,660-100.0%

$4,880-100.0%

$4,126-100.0%

Admin fee / account holder

$3,135

$5,220-39.9%

$6,737-53.5%

$5,651-44.5%

IVS GROUP, INC. & AFFILIATES EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IVS GROUP, INC. & AFFILIATES EMPLOYEE STOCK OWNERSHIP 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