Retirement plan

M. RUBIN & SONS, INC. 401K PROFIT SHARING PLAN

Name: M. RUBIN & SONS, INC - M. RUBIN & SONS, INC. 401K PROFIT SHARING PLAN (2016) Form 5500
Creator: M. RUBIN & SONS, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, M. RUBIN & SONS, INC. 401K PROFIT SHARING PLAN, M. RUBIN & SONS, INC

M. RUBIN & SONS, INCEIN 13-5619491Plan #001PY 2016

34-01 38TH AVENUE - LONG ISLAND CITY, NY 11101718-361-2800LinkedIn11-50 employees

Other plans on this EIN

1 filing

#002Retirement-$596K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.5M

+30.0% from 2015

Total participants

-3.2% from 2015

Average account balance

$50,724

+34.3% from 2015

Annual return

7.45%

+7.45 pp from 2015

Benchmarks

See 2,310 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,310 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.81M

Not enough data

1 years with asset history on file

Average account balance

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

$127K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$316K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+11.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10416

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$28K

$1065 / participant

Other / not subdivided$28K100.0%

% of EOY assets

1.820%

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

$50,724

$52,306-3.0%

$69,779-27.3%

$62,881-19.3%

Participation rate

100.0%

67.2%+32.8pp

71.8%+28.2pp

69.3%+30.7pp

Annual return

7.45%

13.35%-5.9pp

12.99%-5.5pp

20.14%-12.7pp

Employer contribution / active EE

$7,058

$1,799+292.3%

$2,338+201.8%

$2,281+209.4%

Participant deferral / active EE

$3,882

$2,395+62.1%

$2,931+32.5%

$3,203+21.2%

Admin fee / account holder

$923

$3,691-75.0%

$4,381-78.9%

$4,296-78.5%

M. RUBIN & SONS, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

M. RUBIN & SONS, INC. 401K PROFIT SHARING 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