Retirement plan

RANK SHIPPING, INC. PROFIT SHARING PLAN

Name: RANK SHIPPING, INC. - RANK SHIPPING, INC. PROFIT SHARING PLAN (2018) Form 5500
Creator: RANK SHIPPING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RANK SHIPPING, INC. PROFIT SHARING PLAN, RANK SHIPPING, INC.

RANK SHIPPING, INC.EIN 11-2356301Plan #001PY 2018

53 NORTH PARK AVENUE, SUITE 53 - ROCKVILLE CENTRE, NY 11570516-255-0600ranklogistics.inLinkedIn11-50 employeesimport and export

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$675K

+13.0% from 2017

Total participants

0.0% from 2017

Average account balance

$168,668

+13.0% from 2017

Annual return

5.85%

-0.14 pp from 2017

Benchmarks

See 6,534 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort6,534 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.47M

Not enough data

1 years with asset history on file

Average account balance

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

$489K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$74K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+21.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$168,668

$85,790+96.6%

$67,313+150.6%

$135,380+24.6%

Participation rate

100.0%

76.5%+23.5pp

69.1%+30.9pp

82.6%+17.4pp

Annual return

5.85%

-0.54%+6.4pp

-4.08%+9.9pp

519.81%-514.0pp

Employer contribution / active EE

$3,389

$3,487-2.8%

$2,566+32.1%

$4,779-29.1%

Participant deferral / active EE

$7,286

$4,651+56.7%

$3,568+104.2%

$5,609+29.9%

Admin fee / account holder

$6,392-100.0%

$4,507-100.0%

$10,828-100.0%

RANK SHIPPING, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

RANK SHIPPING, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion