Retirement plan

VAN SKIVER FINANCIAL SERVICES, LLC PROFIT SHARING PLAN AND TRUST

Name: VAN SKIVER FINANCIAL SERVICES, LLC - VAN SKIVER FINANCIAL SERVICES, LLC PROFIT SHARING PLAN AND TRUST (2019) Form 5500
Creator: VAN SKIVER FINANCIAL SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VAN SKIVER FINANCIAL SERVICES, LLC PROFIT SHARING PLAN AND TRUST, VAN SKIVER FINANCIAL SERVICES, LLC

VAN SKIVER FINANCIAL SERVICES, LLCEIN 64-0934357Plan #001PY 2019

P.O. BOX 16468 - JACKSON, MS 392366468601-366-4050

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$219K

+42.2% from 2018

Total participants

0.0% from 2018

Average account balance

$54,790

+42.2% from 2018

Annual return

31.85%

+69.40 pp from 2018

Benchmarks

See 31,997 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort31,997 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$475K

Not enough data

1 years with asset history on file

Average account balance

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

$158K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$31K

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

+17.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

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

$54,790

$183,968-70.2%

$162,166-66.2%

$152,870-64.2%

Participation rate

100.0%

88.5%+11.5pp

87.6%+12.4pp

82.4%+17.6pp

Annual return

31.85%

150.77%-118.9pp

115.59%-83.7pp

345.34%-313.5pp

Employer contribution / active EE

$3,993

$6,371-37.3%

$5,614-28.9%

$4,763-16.2%

Participant deferral / active EE

$8,034-100.0%

$7,298-100.0%

$5,850-100.0%

Admin fee / account holder

$13,121-100.0%

$10,842-100.0%

$11,597-100.0%

VAN SKIVER FINANCIAL SERVICES, LLC PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

VAN SKIVER FINANCIAL SERVICES, LLC PROFIT SHARING PLAN AND TRUST

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