Retirement plan

RUDER-FINN, INC. PROFIT SHARING SALARY REDUCTION PLAN

Name: RUDER-FINN, INC. - RUDER-FINN, INC. PROFIT SHARING SALARY REDUCTION PLAN (2024) 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 2024

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)

$42.5M

+22.6% from 2023

Total participants

456

+0.2% from 2023

Average account balance

$100,511

+28.6% from 2023

Annual return

18.78%

-4.48 pp from 2023

Benchmarks

See 3,302 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,302 peers

Snapshot2024

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
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$32,159
EISNERAMPER LLP1 year Filed as: EISNERAMPER LLC Service code 10 · EIN 87-1363769	Accounting	$16,066
STRATEGIC ADVISORS, INC.3 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$15,957

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

$64K

$237 / participant

Recordkeeping$32K50.1%
Investment mgmt$16K24.9%
Other / not subdivided$16K25.0%

% of EOY assets

0.151%

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: $16,066
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$100,511

$106,247-5.4%

$147,096-31.7%

$77,714+29.3%

Participation rate

87.8%

78.4%+9.4pp

82.2%+5.6pp

70.6%+17.2pp

Annual return

18.78%

56.87%-38.1pp

419.75%-401.0pp

31.26%-12.5pp

Employer contribution / active EE

$3,768

$4,069-7.4%

$4,936-23.7%

$2,727+38.2%

Participant deferral / active EE

$10,772

$7,996+34.7%

$8,071+33.5%

$4,649+131.7%

Admin fee / account holder

$152

$338-55.1%

$13,005-98.8%

$433-65.0%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$32,159

EISNERAMPER LLP1 year

Filed as: EISNERAMPER LLC

Service code 10 · EIN 87-1363769

Accounting

$16,066

STRATEGIC ADVISORS, INC.3 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$15,957

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