V-T Industries, Incorporated

61
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
61
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (41)
Average in Peer Group (70)
Highest in Peer Group (88)

Plan Description

V-T Industries, Inc. Retirement/Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Participation Rate. V-T Industries, Inc. Retirement/Savings Plan currently has over 1,500 active participants and over $54.0M in plan assets.

Did you know?

For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (61) and the top rated plan (88) could equate to:
14
Additional years of work
184,903
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 1000 Industrial Park
  • Location
    Holstein , IA
  • 51025-7730
  • Industry
    Manufacturing
  • Administrator
    Karen Clark
  • Net Plan Assets
    $54,000,000
  • Total Participants
    1,500
  • Avg Account Balance
    $36,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Above Average
Salary Deferrals:
Average
Account Balance:
Average

Design

Total Plan Cost:
Average Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Above Average
Salary Deferrals:
Below Avg.
Account Balance:
Below Avg.

Peer Group Plans

Company Rating
Safran Seats US LLC 76.5
The Braun 68.2
Best Chairs 63.1
OFS Brands Holdings 61.6
Sherrill Furniture Company 53.8
McCreary Modern 46.3
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

19

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
MetLife Stable Value Fund 17%
N/A
Prudential Total Return Bond 12%
4%
T. Rowe Price Retirement 11%
26%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Corporate Trustee
Alerus Financial
Recordkeeper
Alerus Financial
Auditor
McGladrey Wealth Management LLC

Articles and Questions

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