Retirement plan

MAYFIELD FUND, L.L.C. PROFIT SHARING PLAN

Name: MAYFIELD FUND, L.L.C. - MAYFIELD FUND, L.L.C. PROFIT SHARING PLAN (2020) Form 5500
Creator: MAYFIELD FUND, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAYFIELD FUND, L.L.C. PROFIT SHARING PLAN, MAYFIELD FUND, L.L.C.

MAYFIELD FUND, L.L.C.EIN 94-3321065Plan #001PY 2020

2484 SAND HILL ROAD - MENLO PARK, CA 94025650-854-5560mayfield.comLinkedIn11-50 employeesventure capital & private equity

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$10.3M

+31.4% from 2019

Total participants

+3.1% from 2019

Average account balance

$322,493

+31.4% from 2019

Annual return

20.04%

+3.28 pp from 2019

Benchmarks

See 7,209 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,209 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.54M

Not enough data

1 years with asset history on file

Average account balance

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

$480K

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.

174.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$62K

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

+17.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15919

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 codes2E2F2G2R3D2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$137K

$4885 / participant

Other / not subdivided$137K100.0%

% of EOY assets

1.325%

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

$322,493

$123,793+160.5%

$177,840+81.3%

$79,852+303.9%

Participation rate

96.4%

84.7%+11.8pp

87.7%+8.7pp

69.6%+26.8pp

Annual return

20.04%

22.82%-2.8pp

48.32%-28.3pp

31.72%-11.7pp

Employer contribution / active EE

$33,389

$4,095+715.3%

$5,919+464.2%

$2,471+1251.2%

Participant deferral / active EE

$3,344

$5,956-43.9%

$7,714-56.7%

$3,740-10.6%

Admin fee / account holder

$4,274

$7,243-41.0%

$12,431-65.6%

$5,306-19.4%

MAYFIELD FUND, L.L.C. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAYFIELD FUND, L.L.C. 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