Retirement plan

SNOWY RANGE VISION CENTER PARTNERSHIP, LLP 401(K) PROFIT SHARING PLAN

Name: SNOWY RANGE VISION CENTER PARTNERSHIP, LLP - SNOWY RANGE VISION CENTER PARTNERSHIP, LLP 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: SNOWY RANGE VISION CENTER PARTNERSHIP, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SNOWY RANGE VISION CENTER PARTNERSHIP, LLP 401(K) PROFIT SHARING PLAN, SNOWY RANGE VISION CENTER PARTNERSHIP, LLP

SNOWY RANGE VISION CENTER PARTNERSHIP, LLPEIN 83-0259225Plan #001PY 2023

405 SOUTH 30TH STREET - LARAMIE, WY 82070307-742-2020

Prospect flagsHigh feesLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$1.9M

+1.2% from 2022

Total participants

0.0% from 2022

Average account balance

$71,202

+1.2% from 2022

Annual return

14.38%

+30.02 pp from 2022

Benchmarks

See 107,994 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,994 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.21M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

263.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$72K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$807

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 codes2E2F2G2J3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$325K

$24970 / participant

Other / not subdivided$325K100.0%

% of EOY assets

16.885%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$71,202

$175,231-59.4%

$149,696-52.4%

$139,466-48.9%

Participation rate

92.3%

83.4%+8.9pp

78.8%+13.5pp

80.3%+12.0pp

Annual return

14.38%

166.77%-152.4pp

134.46%-120.1pp

373.66%-359.3pp

Employer contribution / active EE

$2,671

$5,478-51.2%

$4,821-44.6%

$4,754-43.8%

Participant deferral / active EE

$1,249

$6,521-80.8%

$5,682-78.0%

$6,712-81.4%

Admin fee / account holder

$12,022

$16,155-25.6%

$13,212-9.0%

$11,409+5.4%

SNOWY RANGE VISION CENTER PARTNERSHIP, LLP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SNOWY RANGE VISION CENTER PARTNERSHIP, LLP 401(K) PROFIT SHARING 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