Retirement plan

VINCENT ELECTRIC COMPANY, INC. PROFIT SHARING AND 401K PLAN

Name: VINCENT ELECTRIC COMPANY, INC. - VINCENT ELECTRIC COMPANY, INC. PROFIT SHARING AND 401K PLAN (2017) Form 5500
Creator: VINCENT ELECTRIC COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VINCENT ELECTRIC COMPANY, INC. PROFIT SHARING AND 401K PLAN, VINCENT ELECTRIC COMPANY, INC.

VINCENT ELECTRIC COMPANY, INC.EIN 94-1577412Plan #001PY 2017

8383 BALDWIN ST - OAKLAND, CA 946211925510-639-4500vincentelectric.comLinkedIn1-10 employees

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$1.5M

+12.6% from 2016

Total participants

+12.5% from 2016

Average account balance

$168,280

+0.1% from 2016

Annual return

4.73%

-1.11 pp from 2016

Benchmarks

See 32,061 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,061 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.04M

Not enough data

1 years with asset history on file

Average account balance

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

$409K

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

$150K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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

+14.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$82727

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 codes2E2J2G3D

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.
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 returns
Annual investment return 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

$168,280

$99,031+69.9%

$86,597+94.3%

$147,585+14.0%

Participation rate

100.0%

76.3%+23.7pp

73.5%+26.5pp

82.8%+17.2pp

Annual return

4.73%

1312.56%-1307.8pp

964.96%-960.2pp

578.57%-573.8pp

Employer contribution / active EE

$8,553

$3,132+173.1%

$2,840+201.2%

$4,876+75.4%

Participant deferral / active EE

$9,183

$3,972+131.2%

$3,609+154.5%

$5,439+68.9%

Admin fee / account holder

$5,711-100.0%

$4,906-100.0%

$10,885-100.0%

VINCENT ELECTRIC COMPANY, INC. PROFIT SHARING AND 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

VINCENT ELECTRIC COMPANY, INC. PROFIT SHARING AND 401K 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