Retirement plan

RRVW-TCW INCENTIVE COMPENSATION SAVINGS PLAN

Name: RED RIVER VALLEY & WESTERN RAILROAD CO. - RRVW-TCW INCENTIVE COMPENSATION SAVINGS PLAN (2020) 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 2020

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$43.6M

+18.5% from 2019

Total participants

242

+4.8% from 2019

Average account balance

$180,318

+12.6% from 2019

Annual return

24.28%

+1.64 pp from 2019

Benchmarks

See 1,062 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,062 peers

Snapshot2020

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$2K

$12 / participant

Contract admin$2K100.0%

% of EOY assets

0.006%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$180,318

$55,636+224.1%

$81,988+119.9%

$73,493+145.4%

Participation rate

100.0%

62.3%+37.7pp

69.3%+30.7pp

70.7%+29.3pp

Annual return

24.28%

19.07%+5.2pp

41.31%-17.0pp

28.51%-4.2pp

Employer contribution / active EE

$6,989

$1,625+330.2%

$2,498+179.7%

$2,270+207.9%

Participant deferral / active EE

$3,014

$2,762+9.1%

$3,722-19.0%

$3,740-19.4%

Admin fee / account holder

$10

$493-97.9%

$5,665-99.8%

$513-98.0%

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