Retirement plan

J.D. RAYMOND TRANSPORT, INC. 401(K) PLAN

Name: J.D. RAYMOND TRANSPORT, INC. - J.D. RAYMOND TRANSPORT, INC. 401(K) PLAN (2024) Form 5500
Creator: J.D. RAYMOND TRANSPORT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J.D. RAYMOND TRANSPORT, INC. 401(K) PLAN, J.D. RAYMOND TRANSPORT, INC.

J.D. RAYMOND TRANSPORT, INC.EIN 01-0531844Plan #001PY 2024

256 SUMMER STREET, P.O. BOX 28 - DOVER-FOXCROFT, ME 044261398207-564-2186LinkedIn51-200 employees

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$4.3M

+5.2% from 2023

Total participants

186

-1.1% from 2023

Average account balance

$36,698

+11.5% from 2023

Annual return

14.28%

-2.26 pp from 2023

Benchmarks

See 1,231 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,231 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.29M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

117

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.

53.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$588K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$189

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE4 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$12,110
PENSION ASSURANCE LLP2 years Filed as: THE PENSION SERVICE, INC Service code 13 · EIN 06-0874395 510 MAIN STREET SUITE 110 · GORHAM, ME 04038	Contract Administrator	$3,887
AMERIPRISE FINANCIAL SERVICES INC4 years Filed as: AMERIPRISE FINANCIAL SERVICES Service code 27 · EIN 41-0973005 50082 AMERIPRISE FINANCIAL CTR · MINNEAPOLIS, MN 55474	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$22K

$151 / participant

Recordkeeping$22K100.0%

% of EOY assets

0.515%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HAVERLOCK, ESTEY & CURRAN LLC
Auditor EIN: 010271013
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,698

$54,558-32.7%

$76,002-51.7%

$74,546-50.8%

Participation rate

53.1%

60.3%-7.2pp

69.1%-16.0pp

67.2%-14.1pp

Annual return

14.28%

31.83%-17.6pp

360.07%-345.8pp

1366.03%-1351.8pp

Employer contribution / active EE

$1,524

$1,778-14.3%

$2,688-43.3%

$2,624-41.9%

Participant deferral / active EE

$2,473

$3,065-19.3%

$4,257-41.9%

$4,347-43.1%

Admin fee / account holder

$189

$2,232-91.5%

$6,414-97.1%

$1,944-90.3%

Provider

Service type

Compensation

NATIONWIDE4 years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$12,110

PENSION ASSURANCE LLP2 years

Filed as: THE PENSION SERVICE, INC

Service code 13 · EIN 06-0874395

510 MAIN STREET SUITE 110 · GORHAM, ME 04038

Contract Administrator

$3,887

AMERIPRISE FINANCIAL SERVICES INC4 years

Filed as: AMERIPRISE FINANCIAL SERVICES

Service code 27 · EIN 41-0973005

50082 AMERIPRISE FINANCIAL CTR · MINNEAPOLIS, MN 55474

Advisory (Plan)

J.D. RAYMOND TRANSPORT, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J.D. RAYMOND TRANSPORT, INC. 401(K) PLAN

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