Retirement plan

RUDER-FINN, INC. PROFIT SHARING SALARY REDUCTION PLAN

Name: RUDER-FINN, INC. - RUDER-FINN, INC. PROFIT SHARING SALARY REDUCTION PLAN (2023) Form 5500
Creator: RUDER-FINN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RUDER-FINN, INC. PROFIT SHARING SALARY REDUCTION PLAN, RUDER-FINN, INC.

RUDER-FINN, INC.EIN 13-1815833Plan #004PY 2023

425 EAST 53RD STREET - NEW YORK, NY 10022646-757-6137ruderfinn.comLinkedIn501-1000 employeespublic relations and communications

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$34.7M

+29.1% from 2022

Total participants

455

+2.0% from 2022

Average account balance

$78,135

+26.2% from 2022

Annual return

23.26%

+27.88 pp from 2022

Benchmarks

See 3,232 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,232 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$42.52M

Not enough data

1 years with asset history on file

Average account balance

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

$101K

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.

423

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.

87.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.94M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+18.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$152

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
EISNERAMPER LLP2 years Service code 10 · EIN 87-1363769	Accounting	$24,150
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Service code 37 · EIN 04-2647786	Loan Processing	$16,938
STRATEGIC ADVISORS, INC.2 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$13,198

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$54K

$190 / participant

Recordkeeping$17K31.1%
Investment mgmt$13K24.3%
Other / not subdivided$24K44.6%

% of EOY assets

0.156%

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: EISNERAMPER LLP
Auditor EIN: 871363769
Audit fees: $24,150
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$78,135

$95,417-18.1%

$135,974-42.5%

$74,460+4.9%

Participation rate

96.2%

78.2%+17.9pp

81.9%+14.2pp

70.7%+25.4pp

Annual return

23.26%

32.76%-9.5pp

68.30%-45.0pp

34.38%-11.1pp

Employer contribution / active EE

$3,609

$3,878-6.9%

$4,859-25.7%

$2,638+36.8%

Participant deferral / active EE

$10,248

$7,789+31.6%

$7,760+32.1%

$4,530+126.2%

Admin fee / account holder

$122

$266-54.1%

$10,767-98.9%

$348-64.8%

Provider

Service type

Compensation

EISNERAMPER LLP2 years

Service code 10 · EIN 87-1363769

Accounting

$24,150

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Service code 37 · EIN 04-2647786

Loan Processing

$16,938

STRATEGIC ADVISORS, INC.2 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$13,198

RUDER-FINN, INC. PROFIT SHARING SALARY REDUCTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RUDER-FINN, INC. PROFIT SHARING SALARY REDUCTION 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