Retirement plan

VISTA INDUSTRIAL PRODUCTS, INC. 401K PLAN

Name: VISTA INDUSTRIAL PRODUCTS, INC. - VISTA INDUSTRIAL PRODUCTS, INC. 401K PLAN (2016) Form 5500
Creator: VISTA INDUSTRIAL PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VISTA INDUSTRIAL PRODUCTS, INC. 401K PLAN, VISTA INDUSTRIAL PRODUCTS, INC.

VISTA INDUSTRIAL PRODUCTS, INC.EIN 95-2965612Plan #004PY 2016

1395 PARK CENTER DR. - VISTA, CA 920818338760-599-5050vista-industrial.comLinkedIn51-200 employeesmedical devices

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$2.6M

-1.8% from 2015

Total participants

101

-13.7% from 2015

Average account balance

$39,490

+9.9% from 2015

Annual return

6.40%

+7.61 pp from 2015

Benchmarks

See 15,087 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort15,087 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.17M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+7.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21386

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
FILIPOVITCH & CO2+ years Service code 10 · EIN 37-1747749 5800 ARMADA DRIVE, SUITE 290 · CARLSBAD, CA 92008	Accounting	$7,505
TROMBINO PENSION ADMINISTRATORS INC2+ years Service code 17 · EIN 01-0577649 45946 CORTE CARMELLO · TEMECULA, CA 92592	Pension Consulting	$5,312
JOHN HANCOCK LIFE INSURANCE COMPANY2+ years Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201	Recordkeeping	$90

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$12K

$129 / participant

Contract admin$5244.5%
Other / not subdivided$11K95.5%

% of EOY assets

0.439%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: FILIPOVITCH & CO
Auditor EIN: 371747749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,490

$60,349-34.6%

$74,184-46.8%

$62,881-37.2%

Participation rate

62.2%

72.7%-10.5pp

76.6%-14.4pp

69.3%-7.1pp

Annual return

6.40%

21.38%-15.0pp

17.74%-11.3pp

20.14%-13.7pp

Employer contribution / active EE

$1,680-100.0%

$2,370-100.0%

$2,281-100.0%

Participant deferral / active EE

$1,785

$2,856-37.5%

$3,550-49.7%

$3,203-44.3%

Admin fee / account holder

$173

$4,261-95.9%

$5,586-96.9%

$4,296-96.0%

Provider

Service type

Compensation

FILIPOVITCH & CO2+ years

Service code 10 · EIN 37-1747749

5800 ARMADA DRIVE, SUITE 290 · CARLSBAD, CA 92008

Accounting

$7,505

TROMBINO PENSION ADMINISTRATORS INC2+ years

Service code 17 · EIN 01-0577649

45946 CORTE CARMELLO · TEMECULA, CA 92592

Pension Consulting

$5,312

JOHN HANCOCK LIFE INSURANCE COMPANY2+ years

Filed as: JOHN HANCOCK LIFE INSURANCE CO

Service code 15 · EIN 01-0233346

P.O. BOX 600 · BUFFALO, NY 14201

Recordkeeping

$90

VISTA INDUSTRIAL PRODUCTS, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VISTA INDUSTRIAL PRODUCTS, INC. 401K 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