Retirement plan

REINAUER TRANSPORTATION COMPANIES, LLC RETIREMENT AND INVESTMENT PLAN #3

Name: REINAUER TRANSPORTATION COMPANIES, LLC - REINAUER TRANSPORTATION COMPANIES, LLC RETIREMENT AND INVESTMENT PLAN #3 (2024) Form 5500
Creator: REINAUER TRANSPORTATION COMPANIES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, REINAUER TRANSPORTATION COMPANIES, LLC RETIREMENT AND INVESTMENT PLAN #3, REINAUER TRANSPORTATION COMPANIES, LLC

REINAUER TRANSPORTATION COMPANIES, LLCEIN 13-3694366Plan #003PY 2024

1983 RICHMOND TERRACE - STATEN ISLAND, NY 10302718-816-8167reinauer.comLinkedIn501-1000 employeesmaritime

Other plans on this EIN

3 filings

#002Retirement-$71.2M assets #005Retirement-$3.2M assets #001Retirement-$2.6M assets

Prospect flagsFailed to provide benefit

How to read this page

Total assets (EOY)

$74.6M

+11.7% from 2023

Total participants

512

+25.8% from 2023

Average account balance

$159,482

-6.2% from 2023

Annual return

15.42%

-5.13 pp from 2023

Benchmarks

See 680 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort680 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$74.64M

Not enough data

1 years with asset history on file

Average account balance

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

$159K

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.

468

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.

89.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+15.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$111

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
AMERICAN FUNDS4 years Filed as: NEWPORT CAPITAL GROUP Service code 16 · EIN 37-6572947	Consulting	$31,050
FORVIS, LLP8 years Filed as: MAZARS USA LLP Service code 10 · EIN 13-1459550	Accounting	$13,000
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$4,835

Plan features & details

Pension benefit codes2J2T3H2E2F2G3D

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.

Expense breakdown

Schedule H Part II

Admin total

$52K

$122 / participant

Recordkeeping$5K9.3%
Other / not subdivided$47K90.7%

% of EOY assets

0.070%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: $13,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$159,482

$55,402+187.9%

$76,089+109.6%

$77,714+105.2%

Participation rate

89.7%

63.6%+26.1pp

69.1%+20.6pp

70.6%+19.1pp

Annual return

15.42%

17.09%-1.7pp

360.94%-345.5pp

31.26%-15.8pp

Employer contribution / active EE

$5,657

$1,789+216.2%

$2,690+110.3%

$2,727+107.5%

Participant deferral / active EE

$8,413

$3,450+143.8%

$4,259+97.5%

$4,649+80.9%

Admin fee / account holder

$111

$410-73.0%

$6,418-98.3%

$433-74.4%

Provider

Service type

Compensation

AMERICAN FUNDS4 years

Filed as: NEWPORT CAPITAL GROUP

Service code 16 · EIN 37-6572947

Consulting

$31,050

FORVIS, LLP8 years

Filed as: MAZARS USA LLP

Service code 10 · EIN 13-1459550

Accounting

$13,000

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$4,835

REINAUER TRANSPORTATION COMPANIES, LLC RETIREMENT AND INVESTMENT PLAN #3

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

REINAUER TRANSPORTATION COMPANIES, LLC RETIREMENT AND INVESTMENT PLAN #3

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