Retirement plan

RIVERHEAD BUILDING SUPPLY CORP 401(K) PLAN FOR UNI

Name: RIVERHEAD BUILDING SUPPLY CORP. - RIVERHEAD BUILDING SUPPLY CORP 401(K) PLAN FOR UNI (2015) Form 5500
Creator: RIVERHEAD BUILDING SUPPLY CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RIVERHEAD BUILDING SUPPLY CORP 401(K) PLAN FOR UNI, RIVERHEAD BUILDING SUPPLY CORP.

RIVERHEAD BUILDING SUPPLY CORP.EIN 11-2238519Plan #003PY 2015

250 DAVID COURT - CALVERTON, NY 11933631-996-3129rbscorp.comLinkedIn501-1000 employeesbuilding materials

Other plans on this EIN

1 filing

#004Retirement-$23.9M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$10.1M

No prior year

Total participants

188

No prior year

Average account balance

$55,585

No prior year

Annual return

1.21%

No prior year

Benchmarks

See 2,111 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,111 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.43M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

249

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.

97.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$310

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
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$32,202
UBS FINANCIAL SERVICES INC1+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 27 · EIN 13-2638166	Advisory (Plan)	$19,018
SHEEHAN & COMPANY1+ years Service code 10 · EIN 13-2709344	Accounting	$12,500

Plan features & details

Pension benefit codes2E2J2F2G3D2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$45K

$263 / participant

Investment mgmt$28K62.2%
Contract admin$4K9.8%
Other / not subdivided$13K28.0%

% of EOY assets

0.442%

all-in expense ratio

Categories reported

2 / 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: SHEEHAN & COMPANY CPA PC
Auditor EIN: 132709344
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,585

$57,108-2.7%

$94,229-41.0%

$52,331+6.2%

Participation rate

96.5%

72.9%+23.5pp

78.8%+17.7pp

68.1%+28.4pp

Annual return

1.21%

1.47%-0.3pp

10.68%-9.5pp

4.54%-3.3pp

Employer contribution / active EE

$456

$1,735-73.7%

$3,587-87.3%

$1,882-75.8%

Participant deferral / active EE

$2,203

$3,040-27.5%

$4,320-49.0%

$3,022-27.1%

Admin fee / account holder

$246

$546-55.1%

$6,269-96.1%

$592-58.5%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$32,202

UBS FINANCIAL SERVICES INC1+ years

Filed as: UBS FINANCIAL SERVICES, INC.

Service code 27 · EIN 13-2638166

Advisory (Plan)

$19,018

SHEEHAN & COMPANY1+ years

Service code 10 · EIN 13-2709344

Accounting

$12,500

RIVERHEAD BUILDING SUPPLY CORP 401(K) PLAN FOR UNI

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RIVERHEAD BUILDING SUPPLY CORP 401(K) PLAN FOR UNI

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