Retirement plan

ROCKET JEWELRY BOX, INC. PROFIT SHARING AND 401K PLAN FOR EMPLOYEES

Name: ROCKET JEWELRY BOX, INC - ROCKET JEWELRY BOX, INC. PROFIT SHARING AND 401K PLAN FOR EMPLOYEES (2016) Form 5500
Creator: ROCKET JEWELRY BOX, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROCKET JEWELRY BOX, INC. PROFIT SHARING AND 401K PLAN FOR EMPLOYEES, ROCKET JEWELRY BOX, INC

ROCKET JEWELRY BOX, INCEIN 13-1831418Plan #002PY 2016

125 E. 144TH STREET - BRONX, NY 10451718-292-5370

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4.7M

No prior year

Total participants

No prior year

Average account balance

$102,145

No prior year

Annual return

-4.52%

No prior year

Benchmarks

See 21,241 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,241 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.85M

Not enough data

1 years with asset history on file

Average account balance

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

$308K

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.

158.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$100K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15739

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$251K

$13228 / participant

Other / not subdivided$251K100.0%

% of EOY assets

5.349%

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

$102,145

$88,707+15.1%

$74,184+37.7%

$273,972-62.7%

Participation rate

94.7%

79.4%+15.3pp

76.6%+18.1pp

83.0%+11.7pp

Annual return

-4.52%

11.94%-16.5pp

17.74%-22.3pp

41.46%-46.0pp

Employer contribution / active EE

$1,422

$3,159-55.0%

$2,370-40.0%

$4,869-70.8%

Participant deferral / active EE

$1,915

$4,212-54.5%

$3,550-46.0%

$5,287-63.8%

Admin fee / account holder

$5,464

$8,717-37.3%

$5,586-2.2%

$10,133-46.1%

ROCKET JEWELRY BOX, INC. PROFIT SHARING AND 401K PLAN FOR EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROCKET JEWELRY BOX, INC. PROFIT SHARING AND 401K PLAN FOR EMPLOYEES

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