Retirement plan

ROBERTS TOWING & RECOVERY SPECIALISTS EMPLOYEE SAVINGS PLAN AND TRUST

Name: WARRENSBURG MANAGEMENT CORPORATION DBA ROBERTS TOWING & RECOVERY SPECI - ROBERTS TOWING & RECOVERY SPECIALISTS EMPLOYEE SAVINGS PLAN AND TRUST (2024) Form 5500
Creator: WARRENSBURG MANAGEMENT CORPORATION DBA ROBERTS TOWING & RECOVERY SPECI
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROBERTS TOWING & RECOVERY SPECIALISTS EMPLOYEE SAVINGS PLAN AND TRUST, WARRENSBURG MANAGEMENT CORPORATION DBA ROBERTS TOWING & RECOVERY SPECI

WARRENSBURG MANAGEMENT CORPORATION DBA ROBERTS TOWING & RECOVERY SPECIEIN 11-3573860Plan #001PY 2024

722 SOUTH PEARL STREET - ALBANY, NY 12202518-432-4097

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$841K

+13.9% from 2023

Total participants

-10.5% from 2023

Average account balance

$64,700

+40.1% from 2023

Annual return

10.49%

-2.71 pp from 2023

Benchmarks

See 9,725 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort9,725 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$841K

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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

$94K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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)

$5361

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 codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$70K

$5361 / participant

Other / not subdivided$70K100.0%

% of EOY assets

8.286%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$64,700

$90,691-28.7%

$76,119-15.0%

$145,884-55.6%

Participation rate

69.2%

74.5%-5.2pp

69.1%+0.2pp

80.3%-11.1pp

Annual return

10.49%

624.52%-614.0pp

361.25%-350.8pp

551.85%-541.4pp

Employer contribution / active EE

$2,279

$3,329-31.5%

$2,693-15.4%

$4,662-51.1%

Participant deferral / active EE

$4,987

$5,167-3.5%

$4,259+17.1%

$6,690-25.4%

Admin fee / account holder

$5,361

$8,383-36.0%

$6,421-16.5%

$13,392-60.0%

ROBERTS TOWING & RECOVERY SPECIALISTS EMPLOYEE SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROBERTS TOWING & RECOVERY SPECIALISTS EMPLOYEE SAVINGS PLAN AND TRUST

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