Retirement plan

SHAH CAPITAL PARTNERS MANAGEMENT COMPANY, LLC PROFIT SHARING PLAN

Name: SHAH CAPITAL PARTNERS MANAGEMENT COMPANY, LLC - SHAH CAPITAL PARTNERS MANAGEMENT COMPANY, LLC PROFIT SHARING PLAN (2016) Form 5500
Creator: SHAH CAPITAL PARTNERS MANAGEMENT COMPANY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHAH CAPITAL PARTNERS MANAGEMENT COMPANY, LLC PROFIT SHARING PLAN, SHAH CAPITAL PARTNERS MANAGEMENT COMPANY, LLC

SHAH CAPITAL PARTNERS MANAGEMENT COMPANY, LLCEIN 73-1697124Plan #001PY 2016

20380 TOWN CENTER LANE, SUITE 175 - CUPERTINO, CA 95014408-215-7660LinkedIn1-10 employeesinvestment banking

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$236K

+38.1% from 2015

Total participants

0.0% from 2015

Average account balance

$236,189

+38.1% from 2015

Annual return

3.60%

+7.50 pp from 2015

Benchmarks

See 30,342 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,342 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$402K

Not enough data

1 years with asset history on file

Average account balance

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

$402K

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.

33.3%

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

+0.00%

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 codes2E2G2J2R3B3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$236,189

$153,769+53.6%

$133,975+76.3%

$273,972-13.8%

Participation rate

33.3%

88.4%-55.0pp

87.1%-53.7pp

83.0%-49.7pp

Annual return

3.60%

36.51%-32.9pp

29.29%-25.7pp

41.46%-37.9pp

Employer contribution / active EE

$11,667

$6,029+93.5%

$5,211+123.9%

$4,869+139.6%

Participant deferral / active EE

$8,000

$6,958+15.0%

$6,282+27.4%

$5,287+51.3%

Admin fee / account holder

$11,765-100.0%

$9,324-100.0%

$10,133-100.0%

SHAH CAPITAL PARTNERS MANAGEMENT COMPANY, LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SHAH CAPITAL PARTNERS MANAGEMENT COMPANY, LLC PROFIT SHARING PLAN

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