Retirement plan

RRVW-TCW INCENTIVE COMPENSATION SAVINGS PLAN

Name: RED RIVER VALLEY & WESTERN RAILROAD CO. - RRVW-TCW INCENTIVE COMPENSATION SAVINGS PLAN (2024) Form 5500
Creator: RED RIVER VALLEY & WESTERN RAILROAD CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RRVW-TCW INCENTIVE COMPENSATION SAVINGS PLAN, RED RIVER VALLEY & WESTERN RAILROAD CO.

RED RIVER VALLEY & WESTERN RAILROAD CO.EIN 06-1206892Plan #001PY 2024

209 DAKOTA AVENUE - WAHPETON, ND 580754512701-642-8257

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$44.1M

+9.2% from 2023

Total participants

236

-1.7% from 2023

Average account balance

$189,127

+12.4% from 2023

Annual return

19.67%

-4.51 pp from 2023

Benchmarks

See 1,226 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,226 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$44.07M

Not enough data

1 years with asset history on file

Average account balance

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

$189K

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.

233

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.

98.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.48M

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

+19.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$204

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 1 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL4 years Service code 37 · EIN 04-2647786	Loan Processing	$46,668

Plan features & details

Pension benefit codes2E2G2J3H

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.
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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$47K

$245 / participant

Investment mgmt$7821.6%
Contract admin$47K98.4%

% of EOY assets

0.108%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BOWERS & COMPANY CPAS PLLC
Auditor EIN: 201317788
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$189,127

$54,679+245.9%

$76,119+148.5%

$74,459+154.0%

Participation rate

98.5%

60.3%+38.1pp

69.1%+29.4pp

67.2%+31.2pp

Annual return

19.67%

31.90%-12.2pp

361.25%-341.6pp

1369.70%-1350.0pp

Employer contribution / active EE

$8,854

$1,781+397.0%

$2,693+228.8%

$2,626+237.2%

Participant deferral / active EE

$3,910

$3,072+27.3%

$4,259-8.2%

$4,350-10.1%

Admin fee / account holder

$204

$2,238-90.9%

$6,421-96.8%

$1,945-89.5%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL4 years

Service code 37 · EIN 04-2647786

Loan Processing

$46,668

RRVW-TCW INCENTIVE COMPENSATION SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RRVW-TCW INCENTIVE COMPENSATION 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