Retirement plan

FREDERICK E. VAN PATTEN INSURANCE SERVICES 401(K) PLAN

Name: FREDERICK E. VAN PATTEN INSURANCE - FREDERICK E. VAN PATTEN INSURANCE SERVICES 401(K) PLAN (2017) Form 5500
Creator: FREDERICK E. VAN PATTEN INSURANCE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FREDERICK E. VAN PATTEN INSURANCE SERVICES 401(K) PLAN, FREDERICK E. VAN PATTEN INSURANCE

FREDERICK E. VAN PATTEN INSURANCEEIN 58-1800068Plan #001PY 2017

5955 PARKWAY NORTH BLVD STE D - CUMMING, GA 300401389678-273-4059

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$62K

-24.4% from 2016

Total participants

0.0% from 2016

Average account balance

$15,551

-24.4% from 2016

Annual return

6.16%

+0.37 pp from 2016

Benchmarks

See 32,058 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,058 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$140K

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+8.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$270

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 codes2E2F2G2J2T

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$44K

$8771 / participant

Other / not subdivided$44K100.0%

% of EOY assets

70.504%

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

$15,551

$99,011-84.3%

$86,582-82.0%

$147,586-89.5%

Participation rate

80.0%

76.3%+3.7pp

73.5%+6.5pp

82.8%-2.8pp

Annual return

6.16%

1312.75%-1306.6pp

965.08%-958.9pp

578.59%-572.4pp

Employer contribution / active EE

$237

$3,132-92.4%

$2,839-91.7%

$4,876-95.1%

Participant deferral / active EE

$3,228

$3,972-18.7%

$3,609-10.5%

$5,439-40.6%

Admin fee / account holder

$10,964

$5,709+92.1%

$4,904+123.6%

$10,886+0.7%

FREDERICK E. VAN PATTEN INSURANCE SERVICES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FREDERICK E. VAN PATTEN INSURANCE SERVICES 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