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 (2023) 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 2023

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

Other plans on this EIN

1 filing

#005Retirement-$16.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.9M

+13.9% from 2022

Total participants

-17.4% from 2022

Average account balance

$202,725

+37.9% from 2022

Annual return

11.50%

+1.09 pp from 2022

Benchmarks

See 36,154 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort36,154 peers

Snapshot2023

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

$48K

$2513 / participant

Other / not subdivided$48K100.0%

% of EOY assets

1.240%

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

$202,725

$185,905+9.0%

$170,057+19.2%

$139,487+45.3%

Participation rate

100.0%

87.8%+12.2pp

87.0%+13.0pp

80.3%+19.7pp

Annual return

11.50%

60.56%-49.1pp

53.42%-41.9pp

373.84%-362.3pp

Employer contribution / active EE

$7,597-100.0%

$6,790-100.0%

$4,755-100.0%

Participant deferral / active EE

$6,400

$11,627-45.0%

$10,411-38.5%

$6,713-4.7%

Admin fee / account holder

$2,513

$15,397-83.7%

$12,826-80.4%

$11,407-78.0%

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