Retirement plan

SILICON VALLEY CREATES 403(B) PLAN

Name: SILICON VALLEY CREATES - SILICON VALLEY CREATES 403(B) PLAN (2020) Form 5500
Creator: SILICON VALLEY CREATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SILICON VALLEY CREATES 403(B) PLAN, SILICON VALLEY CREATES

SILICON VALLEY CREATESEIN 94-2825213Plan #003PY 2020

310 S. FIRST STREET - SAN JOSE, CA 95113408-998-2787svgrowth.coLinkedIn11-50 employeesinternet

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.2M

+10.3% from 2019

Total participants

+6.7% from 2019

Average account balance

$83,112

+3.0% from 2019

Annual return

14.62%

-4.37 pp from 2019

Benchmarks

See 36,192 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,192 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+1.42%

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 codes2F2G2M2T

Plan features

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$79K

$8737 / participant

Other / not subdivided$79K100.0%

% of EOY assets

6.307%

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

$83,112

$100,938-17.7%

$90,461-8.1%

$158,982-47.7%

Participation rate

88.9%

75.0%+13.9pp

72.7%+16.2pp

82.0%+6.9pp

Annual return

14.62%

1727.20%-1712.6pp

1294.76%-1280.1pp

302.99%-288.4pp

Employer contribution / active EE

$3,691-100.0%

$3,264-100.0%

$4,763-100.0%

Participant deferral / active EE

$3,319

$4,350-23.7%

$3,964-16.3%

$5,983-44.5%

Admin fee / account holder

$5,242

$6,510-19.5%

$5,617-6.7%

$11,252-53.4%

SILICON VALLEY CREATES 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SILICON VALLEY CREATES 403(B) 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