Retirement plan

RSI 401(K) RETIREMENT SAVINGS PLAN

Name: REVENUE SOLUTIONS, INC. - RSI 401(K) RETIREMENT SAVINGS PLAN (2020) Form 5500
Creator: REVENUE SOLUTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RSI 401(K) RETIREMENT SAVINGS PLAN, REVENUE SOLUTIONS, INC.

REVENUE SOLUTIONS, INC.EIN 04-3312927Plan #001PY 2020

42 WINTER STREET, SUITE 36 - PEMBROKE, MA 02359888-826-1324

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$35.8M

+19.4% from 2019

Total participants

482

+26.2% from 2019

Average account balance

$90,577

-3.9% from 2019

Annual return

16.84%

-6.38 pp from 2019

Benchmarks

See 2,819 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,819 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$53.63M

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

663

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.

94.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.55M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+16.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$186

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
CITRIN COOPERMAN3 years Filed as: CITRINCOOPERMAN Service code 99 · EIN 11-1000111	Other Fees	$10,900
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381	Advisory (Participants)	$7,149
MORNINGSTAR6+ years Service code 27 · EIN 36-3297908	Advisory (Plan)	$5,375

Plan features & details

Pension benefit codes2E2F2G2J2K3D2T

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$31K

$83 / participant

Other / not subdivided$31K100.0%

% of EOY assets

0.086%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CITRIN COOPERMAN & COMPANY LLP
Auditor EIN: 222428965
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$90,577

$100,801-10.1%

$149,745-39.5%

$73,412+23.4%

Participation rate

76.5%

77.7%-1.1pp

82.5%-5.9pp

72.2%+4.4pp

Annual return

16.84%

265.34%-248.5pp

276.72%-259.9pp

59.30%-42.5pp

Employer contribution / active EE

$1,373

$3,312-58.5%

$4,646-70.4%

$2,234-38.5%

Participant deferral / active EE

$7,478

$6,404+16.8%

$6,843+9.3%

$3,806+96.5%

Admin fee / account holder

$78

$181-56.9%

$9,312-99.2%

$158-50.6%

Provider

Service type

Compensation

CITRIN COOPERMAN3 years

Filed as: CITRINCOOPERMAN

Service code 99 · EIN 11-1000111

Other Fees

$10,900

MORNINGSTAR3 years

Filed as: MORNINGSTAR INVESTMENT MGMT LLC

Service code 26 · EIN 36-4317381

Advisory (Participants)

$7,149

MORNINGSTAR6+ years

Service code 27 · EIN 36-3297908

Advisory (Plan)

$5,375

RSI 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RSI 401(K) RETIREMENT SAVINGS 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