Retirement plan

V-SOFT CONSULTING GROUP RETIREMENT PLAN

Name: V-SOFT CONSULTING GROUP - V-SOFT CONSULTING GROUP RETIREMENT PLAN (2015) Form 5500
Creator: V-SOFT CONSULTING GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, V-SOFT CONSULTING GROUP RETIREMENT PLAN, V-SOFT CONSULTING GROUP

V-SOFT CONSULTING GROUPEIN 76-0532643Plan #001PY 2015

101 BULLITT LANE STE 205 - LOUISVILLE, KY 40223502-425-8425vsoftconsulting.comLinkedIn1001-5000 employeesinformation technology and services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$7.4M

No prior year

Total participants

684

No prior year

Average account balance

$23,782

No prior year

Annual return

6.18%

No prior year

Benchmarks

See 2,331 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,331 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.97M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

856

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.

89.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+15.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$278

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$75,774
COORDINATED CAPITAL SECURITIES INC1+ years Filed as: COORDINATED CAPITAL SECURITIES, INC Service code 27	Advisory (Plan)	$37,414
BENEFIT ADMINISTRATION, INC.1+ years Service code 13	Contract Administrator	$20,876
BENEFIT ADMINISTRATION, INC.1+ years Filed as: BENEFIT ADMINISTRATION, INC Service code 13 · EIN 39-1884254 400 AHNAIP STREET STE 200 · MENASHA, WI 54952	Contract Administrator	$0
COORDINATED CAPITAL SECURITIES INC1+ years Service code 27 · EIN 39-1468428	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2J2K2F2G2S2T3D

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$76K

$117 / participant

Investment mgmt$76K100.0%

% of EOY assets

1.028%

all-in expense ratio

Categories reported

1 / 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: HARDING SHYMANSKI&CO, P.S.C.
Auditor EIN: 351346211
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,782

$88,324-73.1%

$115,037-79.3%

$55,191-56.9%

Participation rate

42.3%

72.5%-30.2pp

81.4%-39.1pp

69.2%-26.9pp

Annual return

6.18%

6.30%-0.1pp

26.14%-20.0pp

10.78%-4.6pp

Employer contribution / active EE

$445

$2,805-84.1%

$4,608-90.3%

$1,899-76.5%

Participant deferral / active EE

$2,109

$5,042-58.2%

$6,026-65.0%

$3,046-30.8%

Admin fee / account holder

$244

$105+132.0%

$8,175-97.0%

$91+169.3%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$75,774

COORDINATED CAPITAL SECURITIES INC1+ years

Filed as: COORDINATED CAPITAL SECURITIES, INC

Service code 27

Advisory (Plan)

$37,414

BENEFIT ADMINISTRATION, INC.1+ years

Service code 13

Contract Administrator

$20,876

BENEFIT ADMINISTRATION, INC.1+ years

Filed as: BENEFIT ADMINISTRATION, INC

Service code 13 · EIN 39-1884254

400 AHNAIP STREET STE 200 · MENASHA, WI 54952

Contract Administrator

COORDINATED CAPITAL SECURITIES INC1+ years

Service code 27 · EIN 39-1468428

Advisory (Plan)

V-SOFT CONSULTING GROUP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

V-SOFT CONSULTING GROUP RETIREMENT 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