Retirement plan

VALLEY WEST PARTNERS SAFE HARBOR 401K PROFIT SHARING PLAN

Name: VALLEY WEST PARTNERS - VALLEY WEST PARTNERS SAFE HARBOR 401K PROFIT SHARING PLAN (2016) Form 5500
Creator: VALLEY WEST PARTNERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VALLEY WEST PARTNERS SAFE HARBOR 401K PROFIT SHARING PLAN, VALLEY WEST PARTNERS

VALLEY WEST PARTNERSEIN 55-0712012Plan #001PY 2016

201 VIRGINIA ST W - CHARLESTON, WV 253022210304-343-6783LinkedIn1-10 employeesveterinary

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.7M

+12.2% from 2015

Total participants

-8.3% from 2015

Average account balance

$92,387

+4.5% from 2015

Annual return

7.20%

+12.47 pp from 2015

Benchmarks

See 24,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,581 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.39M

Not enough data

1 years with asset history on file

Average account balance

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

$93K

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.

114.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$175K

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

+11.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$27032

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 codes2E2G3D3B2J

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$23K

$812 / participant

Other / not subdivided$23K100.0%

% of EOY assets

0.849%

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

$92,387

$76,551+20.7%

$123,894-25.4%

$62,881+46.9%

Participation rate

85.7%

73.0%+12.7pp

81.4%+4.3pp

69.3%+16.4pp

Annual return

7.20%

18.68%-11.5pp

47.52%-40.3pp

20.14%-12.9pp

Employer contribution / active EE

$1,618

$2,882-43.9%

$4,617-65.0%

$2,281-29.1%

Participant deferral / active EE

$2,677

$4,840-44.7%

$5,984-55.3%

$3,203-16.4%

Admin fee / account holder

$784

$4,826-83.7%

$8,357-90.6%

$4,296-81.7%

VALLEY WEST PARTNERS SAFE HARBOR 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VALLEY WEST PARTNERS SAFE HARBOR 401K 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