Retirement plan

VAN DEN BERG MANAGEMENT I, INC. PROFIT SHARING PLAN AND TRUST

Name: VAN DEN BERG MANAGEMENT I, INC. - VAN DEN BERG MANAGEMENT I, INC. PROFIT SHARING PLAN AND TRUST (2021) 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. PROFIT SHARING PLAN AND TRUST, VAN DEN BERG MANAGEMENT I, INC.

VAN DEN BERG MANAGEMENT I, INC.EIN 95-3017097Plan #005PY 2021

805 LAS CIMAS PARKWAY, SUITE 430 - AUSTIN, TX 78746512-329-0050

Other plans on this EIN

1 filing

#002Retirement-$3.1M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$16.8M

+8.2% from 2020

Total participants

-11.1% from 2020

Average account balance

$699,035

+21.7% from 2020

Annual return

21.69%

+29.77 pp from 2020

Benchmarks

See 33,463 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort33,463 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.61M

Not enough data

1 years with asset history on file

Average account balance

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

$1.1M

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

$96K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+23.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$53792

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 codes2E2G

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.

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

$2.2M

$92211 / participant

Other / not subdivided$2M100.0%

% of EOY assets

13.191%

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

$699,035

$209,888+233.1%

$189,545+268.8%

$167,553+317.2%

Participation rate

100.0%

88.7%+11.3pp

87.8%+12.2pp

82.1%+17.9pp

Annual return

21.69%

748.66%-727.0pp

555.36%-533.7pp

478.89%-457.2pp

Employer contribution / active EE

$4,724

$6,915-31.7%

$6,162-23.3%

$4,840-2.4%

Participant deferral / active EE

$8,934-100.0%

$8,220-100.0%

$6,343-100.0%

Admin fee / account holder

$92,211

$14,300+544.8%

$12,049+665.3%

$12,316+648.7%

VAN DEN BERG MANAGEMENT I, INC. PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VAN DEN BERG MANAGEMENT I, INC. PROFIT SHARING 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