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 (2023) 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 2023

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

Other plans on this EIN

3 filings

#002Retirement-$64.7M assets #005Retirement-$3.3M assets #001Retirement-$2.6M assets

Prospect flagsFailed to provide benefit

How to read this page

Total assets (EOY)

$66.8M

+23.2% from 2022

Total participants

407

-6.9% from 2022

Average account balance

$169,956

+26.9% from 2022

Annual return

20.55%

+40.93 pp from 2022

Benchmarks

See 664 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort664 peers

Snapshot2023

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 FUNDS3 years Filed as: NEWPORT CAPITAL GROUP Service code 16 · EIN 37-6572947	Consulting	$44,169
FORVIS, LLP7 years Filed as: MAZARS USA LLP Service code 10 · EIN 13-1459550	Accounting	$23,920
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Service code 37 · EIN 04-2647786	Loan Processing	$9,339

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

$10K

$31 / participant

Contract admin$3003.1%
Other / not subdivided$9K96.9%

% of EOY assets

0.014%

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: $23,920
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$169,956

$49,763+241.5%

$70,565+140.9%

$74,473+128.2%

Participation rate

95.5%

64.6%+30.9pp

68.4%+27.2pp

70.7%+24.8pp

Annual return

20.55%

21.21%-0.7pp

32.79%-12.2pp

34.36%-13.8pp

Employer contribution / active EE

$6,572

$1,776+270.1%

$2,976+120.8%

$2,638+149.1%

Participant deferral / active EE

$10,283

$3,379+204.3%

$4,568+125.1%

$4,530+127.0%

Admin fee / account holder

$25

$316-92.2%

$6,430-99.6%

$347-92.9%

Provider

Service type

Compensation

AMERICAN FUNDS3 years

Filed as: NEWPORT CAPITAL GROUP

Service code 16 · EIN 37-6572947

Consulting

$44,169

FORVIS, LLP7 years

Filed as: MAZARS USA LLP

Service code 10 · EIN 13-1459550

Accounting

$23,920

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Service code 37 · EIN 04-2647786

Loan Processing

$9,339

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