Retirement plan

VCOM SOLUTIONS, INC. 401(K) PLAN

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

VCOM SOLUTIONS, INC.EIN 94-3404345Plan #001PY 2022

12657 ALCOSTA BLVD. , STE. 418 - SAN RAMON, CA 94583925-415-1545quantumshift.comLinkedIn51-200 employeesinformation technology and services

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$9M

-7.2% from 2021

Total participants

151

+10.2% from 2021

Average account balance

$79,023

-16.2% from 2021

Annual return

-15.93%

-29.00 pp from 2021

Benchmarks

See 1,030 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort1,030 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.68M

Not enough data

1 years with asset history on file

Average account balance

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

$124K

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.

110

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.

62.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+15.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$528

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
NATIONWIDE2 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$44,006
BRINKER CAPITAL1 year Filed as: BRINKER CAPITAL INVESTMENTS Service code 28 · EIN 13-4109249 17605 WRIGHT STREET · OMAHA, NE 68130	Investment Management	$41,796
PENSION ASSURANCE LLP1 year Service code 10 · EIN 40-7804130 5126 CLARETON DRIVE, SUITE 110 · AGOURA HILLS, CA 91301	Accounting	$8,000
HICKS PENSION SERVICES2 years Service code 15 · EIN 77-0155091 555 CHORRO STREET SUITE C · SAN LUIS OBISPO, CA 93405	Recordkeeping	$700
LINCOLN NATIONAL CORPORATION2 years Filed as: LINCOLN FINANCIAL ADVISORS Service code 27 1301 S. CLINTON STREET, SUITE 150 · FORT WAYNE, IN 46802	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$95K

$794 / participant

Investment mgmt$95K100.0%

% of EOY assets

1.049%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MANN URRUTIA NELSON CPAS
Auditor EIN: 200276349
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$79,023

$58,320+35.5%

$86,439-8.6%

$66,930+18.1%

Participation rate

68.9%

78.6%-9.7pp

80.3%-11.4pp

69.8%-0.9pp

Annual return

-15.93%

-9.71%-6.2pp

4395.55%-4411.5pp

1.57%-17.5pp

Employer contribution / active EE

$2,104

$2,615-19.5%

$3,769-44.2%

$2,545-17.3%

Participant deferral / active EE

$7,732

$6,899+12.1%

$6,952+11.2%

$4,238+82.5%

Admin fee / account holder

$829

$546+51.9%

$6,732-87.7%

$593+39.7%

Provider

Service type

Compensation

NATIONWIDE2 years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$44,006

BRINKER CAPITAL1 year

Filed as: BRINKER CAPITAL INVESTMENTS

Service code 28 · EIN 13-4109249

17605 WRIGHT STREET · OMAHA, NE 68130

Investment Management

$41,796

PENSION ASSURANCE LLP1 year

Service code 10 · EIN 40-7804130

5126 CLARETON DRIVE, SUITE 110 · AGOURA HILLS, CA 91301

Accounting

$8,000

HICKS PENSION SERVICES2 years

Service code 15 · EIN 77-0155091

555 CHORRO STREET SUITE C · SAN LUIS OBISPO, CA 93405

Recordkeeping

$700

LINCOLN NATIONAL CORPORATION2 years

Filed as: LINCOLN FINANCIAL ADVISORS

Service code 27

1301 S. CLINTON STREET, SUITE 150 · FORT WAYNE, IN 46802

Advisory (Plan)

VCOM SOLUTIONS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VCOM SOLUTIONS, INC. 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