Retirement plan

VAN DEN BERG MANAGEMENT I, INC. 401(K) PLAN AND TRUST

Name: VAN DEN BERG MANAGEMENT I, INC. - VAN DEN BERG MANAGEMENT I, INC. 401(K) PLAN AND TRUST (2022) Form 5500
Creator: VAN DEN BERG MANAGEMENT I, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VAN DEN BERG MANAGEMENT I, INC. 401(K) PLAN AND TRUST, VAN DEN BERG MANAGEMENT I, INC.

VAN DEN BERG MANAGEMENT I, INC.EIN 95-3017097Plan #002PY 2022

805 LAS CIMAS PARKWAY, SUITE 305 - AUSTIN, TX 78746512-329-0050

Other plans on this EIN

1 filing

#005Retirement-$14.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.4M

+7.4% from 2021

Total participants

-4.2% from 2021

Average account balance

$147,019

+12.0% from 2021

Annual return

10.41%

-26.94 pp from 2021

Benchmarks

See 35,205 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort35,205 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.82M

Not enough data

1 years with asset history on file

Average account balance

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

$306K

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

$114K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+28.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2700

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 codes2E2G2J

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.

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

$207K

$9009 / participant

Other / not subdivided$207K100.0%

% of EOY assets

6.128%

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

$147,019

$167,533-12.2%

$151,645-3.1%

$134,545+9.3%

Participation rate

100.0%

88.4%+11.6pp

87.5%+12.5pp

81.2%+18.8pp

Annual return

10.41%

7.81%+2.6pp

3.34%+7.1pp

418.37%-408.0pp

Employer contribution / active EE

$6,828-100.0%

$6,165-100.0%

$4,742-100.0%

Participant deferral / active EE

$4,639

$8,985-48.4%

$8,363-44.5%

$6,401-27.5%

Admin fee / account holder

$9,009

$13,781-34.6%

$11,614-22.4%

$11,431-21.2%

VAN DEN BERG MANAGEMENT I, INC. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VAN DEN BERG MANAGEMENT I, INC. 401(K) PLAN AND TRUST

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