401k Record

Employers › Victorian Finance

Victorian Finance 401(k)

Administrative expenses excluding investment management, per participant · Victorian Finance, LLC 401(k) P/S Plan · plan year 2023

$321.53

Higher than 94% of the 17,126 plans $1 to 10M that report it.

Source

= $31,510 / 98
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241011102646NAL0022571217001, received 2024-10-11
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011102646NAL0022571217001, received 2024-10-11

10th: $10.83median $92.8690th: $271.69

Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-01-01 to 2023-12-31, filing received 2024-10-11.

Cost and contributions

Recordkeeping fees per participant

not reported

Not reported on this filing.

Administrative expenses per participant

$321.53

10th: $16.05median $134.8990th: $338.53

Higher than 88% of the 17,762 plans $1 to 10M that report it.

Source

= $31,510 / 98
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241011102646NAL0022571217001, received 2024-10-11
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011102646NAL0022571217001, received 2024-10-11

Administrative expenses as a share of assets

0.499%

10th: 0.056%median 0.483%90th: 1.081%

Higher than 52% of the 17,798 plans $1 to 10M that report it.

Source

= $31,510 / $6,315,930
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241011102646NAL0022571217001, received 2024-10-11
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241011102646NAL0022571217001, received 2024-10-11

Employer contributions per participant

$541

10th: $347median $1,29490th: $2,822

Higher than 18% of the 15,688 plans $1 to 10M that report it.

Source

= $52,982 / 98
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241011102646NAL0022571217001, received 2024-10-11
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011102646NAL0022571217001, received 2024-10-11

Employer share of total contributions

10.0%

10th: 11.8%median 28.6%90th: 43.4%

Higher than 7% of the 15,721 plans $1 to 10M that report it.

Source

= $52,982 / $531,323
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241011102646NAL0022571217001, received 2024-10-11
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241011102646NAL0022571217001, received 2024-10-11

Plan terms, as stated in Victorian Finance, LLC's SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20241011102646NAL0022571217001, received 2024-10-11

Full record, Victorian Finance, LLC 401(k) P/S Plan

FieldValueSource
Plan sponsorVICTORIAN FINANCE, LLCForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20241011102646NAL0022571217001, received 2024-10-11
Plan nameVICTORIAN FINANCE, LLC 401(K) P/S PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20241011102646NAL0022571217001, received 2024-10-11
Sponsor EIN / plan number26-0084919 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20241011102646NAL0022571217001, received 2024-10-11
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20241011102646NAL0022571217001, received 2024-10-11
Sponsor locationPITTSBURGH, PAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20241011102646NAL0022571217001, received 2024-10-11
Industry (business code)531390, Real estate and rental and leasingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20241011102646NAL0022571217001, received 2024-10-11
Plan year2023-01-01 to 2023-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20241011102646NAL0022571217001, received 2024-10-11
Filing received2024-10-11Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20241011102646NAL0022571217001, received 2024-10-11
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20241011102646NAL0022571217001, received 2024-10-11
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20241011102646NAL0022571217001, received 2024-10-11
Participants, beginning of year169Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20241011102646NAL0022571217001, received 2024-10-11
Active participants63Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20241011102646NAL0022571217001, received 2024-10-11
Participants, end of year112Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20241011102646NAL0022571217001, received 2024-10-11
Participants with an account balance98Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011102646NAL0022571217001, received 2024-10-11
Total assets, beginning of year$6,444,939Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20241011102646NAL0022571217001, received 2024-10-11
Total assets, end of year$6,315,930Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241011102646NAL0022571217001, received 2024-10-11
Net assets, end of year$6,315,930Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20241011102646NAL0022571217001, received 2024-10-11
Total income$1,199,326Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20241011102646NAL0022571217001, received 2024-10-11
Net income$-129,009Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20241011102646NAL0022571217001, received 2024-10-11
Employer contributions$52,982Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241011102646NAL0022571217001, received 2024-10-11
Participant contributions$388,670Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20241011102646NAL0022571217001, received 2024-10-11
Other contributions (incl. rollovers)$89,671Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20241011102646NAL0022571217001, received 2024-10-11
Total contributions$531,323Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241011102646NAL0022571217001, received 2024-10-11
Benefit payments$1,296,825Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20241011102646NAL0022571217001, received 2024-10-11
Total expenses (incl. benefit payments)$1,328,335Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20241011102646NAL0022571217001, received 2024-10-11
Total administrative expenses$31,510Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241011102646NAL0022571217001, received 2024-10-11
Contract administrator fees$31,510Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20241011102646NAL0022571217001, received 2024-10-11
Recordkeeping fees$0Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20241011102646NAL0022571217001, received 2024-10-11
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20241011102646NAL0022571217001, received 2024-10-11
Investment advisory and management fees$0Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20241011102646NAL0022571217001, received 2024-10-11
Administrative expenses excluding investment management$31,510derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241011102646NAL0022571217001, received 2024-10-11
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20241011102646NAL0022571217001, received 2024-10-11
Held in common/collective trusts$4,425,628Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20241011102646NAL0022571217001, received 2024-10-11
Held in mutual funds$823,982Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20241011102646NAL0022571217001, received 2024-10-11
Independent auditorE.G. CONLEY, PCSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20241011102646NAL0022571217001, received 2024-10-11

Position = column in the DOL layout for form year 2023. Filing 20241011102646NAL0022571217001, received 2024-10-11.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
PRINCIPAL LIFE INSURANCE COMPANYrecordkeeperCONTRACT ADMINISTRATOR 13 Contract administrator; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees $29,060yes
RIMKUS MARCIANO & ASSOCIATES, INC.CONTRACT ADNINISTRATOR 13 Contract administrator; 49 Other services; 50 Direct payment from the plan $2,450yes
EXCEL SECURITIES & ASSOCIATES, INC.INVESTMENT ADVISORY 27 Investment advisory (plan); 99 Other fees $0yes
WILSHIRE ADVISORS LLCINVESTMENT ADVISORY 27 Investment advisory (plan); 72 Other investment fees and expenses $0yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20241011102646NAL0022571217001, received 2024-10-11.

No filing for the previous plan year is in the data, so there is no year-over-year comparison.

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Sponsor name as filed: VICTORIAN FINANCE, LLC; SEC registrant: Victorian Finance, LLC (CIK 1760317, matched by EIN).