Retirement plan

YOUR RETIREMENT SAVINGS PLAN

Name: VENTURE MANAGEMENT GROUP, INC. - YOUR RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: VENTURE MANAGEMENT GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, YOUR RETIREMENT SAVINGS PLAN, VENTURE MANAGEMENT GROUP, INC.

VENTURE MANAGEMENT GROUP, INC.EIN 59-2496942Plan #002PY 2016

110 EAST DRIVE - MELBOURNE, FL 32904321-726-8543venturemanagementandmarketing.netLinkedIn1-10 employeesmarketing and advertising

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$15M

+13.3% from 2015

Total participants

975

+25.0% from 2015

Average account balance

$44,920

+1.8% from 2015

Annual return

7.33%

+7.49 pp from 2015

Benchmarks

See 1,079 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,079 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.18M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

55.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$802K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+17.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3061

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

Top 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	$28,117
NFP RETIREMENT INC1 year Filed as: NFP RETIREMENT, INC Service code 16 · EIN 33-0905143	Consulting	$16,255
CLIFTONLARSONALLEN LLP1 year Service code 16 · EIN 41-0746749 420 SOUTH ORANGE AVENUE · ORLANDO, FL 32801	Consulting	$9,000
ERISA FIDUCIARY ADVISORS, INC.2+ years Service code 16 · EIN 20-3419213 1160 BIRCHWOOD ROAD · WESTON, FL 33327	Consulting	$7,325

Plan features & details

Pension benefit codes2F2G2J2K2T3D

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
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

$61K

$68 / participant

Other / not subdivided$61K100.0%

% of EOY assets

0.405%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: VESTAL AND WILER
Auditor EIN: 593198021
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,920

$57,921-22.4%

$84,753-47.0%

$57,658-22.1%

Participation rate

28.6%

72.9%-44.3pp

76.6%-48.0pp

70.2%-41.6pp

Annual return

7.33%

10.24%-2.9pp

22.78%-15.4pp

5.13%+2.2pp

Employer contribution / active EE

$475

$2,598-81.7%

$3,574-86.7%

$1,974-75.9%

Participant deferral / active EE

$1,493

$2,742-45.6%

$3,712-59.8%

$3,061-51.2%

Admin fee / account holder

$182

$130+40.1%

$5,333-96.6%

$95+92.2%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

$28,117

NFP RETIREMENT INC1 year

Filed as: NFP RETIREMENT, INC

Service code 16 · EIN 33-0905143

Consulting

$16,255

CLIFTONLARSONALLEN LLP1 year

Service code 16 · EIN 41-0746749

420 SOUTH ORANGE AVENUE · ORLANDO, FL 32801

Consulting

$9,000

ERISA FIDUCIARY ADVISORS, INC.2+ years

Service code 16 · EIN 20-3419213

1160 BIRCHWOOD ROAD · WESTON, FL 33327

Consulting

$7,325

YOUR RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

YOUR RETIREMENT SAVINGS 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