Retirement plan

SVIH MANAGEMENT LLC 401(K) PLAN

Name: SVIH MANAGEMENT LLC - SVIH MANAGEMENT LLC 401(K) PLAN (2022) Form 5500
Creator: SVIH MANAGEMENT LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SVIH MANAGEMENT LLC 401(K) PLAN, SVIH MANAGEMENT LLC

SVIH MANAGEMENT LLCEIN 81-4127357Plan #001PY 2022

845 N. SAN VICENTE BLVD. - WEST HOLLYWOOD, CA 90046310-299-9605

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$487K

+14.8% from 2021

Total participants

136

+43.2% from 2021

Average account balance

$15,722

-48.1% from 2021

Annual return

-12.99%

-23.65 pp from 2021

Benchmarks

See 1,006 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort1,006 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.00M

Not enough data

1 years with asset history on file

Average account balance

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

$15K

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.

46.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$317K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1321

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 codes2E2F2J2T3B3D

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).
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.
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

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

$4K

$34 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.846%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HBK CANNABIS SOLUTIONS
Auditor EIN: 034189722
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,722

$26,549-40.8%

$61,501-74.4%

$66,949-76.5%

Participation rate

13.2%

38.1%-24.9pp

52.6%-39.4pp

69.8%-56.6pp

Annual return

-12.99%

-16.21%+3.2pp

339.04%-352.0pp

1.57%-14.6pp

Employer contribution / active EE

$422

$651-35.2%

$1,160-63.6%

$2,545-83.4%

Participant deferral / active EE

$553

$1,338-58.7%

$2,125-74.0%

$4,239-87.0%

Admin fee / account holder

$133

$409-67.5%

$2,132-93.8%

$594-77.6%

SVIH MANAGEMENT LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SVIH MANAGEMENT LLC 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