Retirement plan

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

Name: M. RUBIN & SONS, INC - M. RUBIN & SONS, INC. 401K PROFIT SHARING PLAN (2018) 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 2018

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

Other plans on this EIN

1 filing

#002Retirement-$1.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.1M

+6.4% from 2017

Total participants

0.0% from 2017

Average account balance

$67,532

+9.8% from 2017

Annual return

-5.12%

-20.84 pp from 2017

Benchmarks

See 2,390 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,390 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.21M

Not enough data

1 years with asset history on file

Average account balance

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

$107K

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.

142.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$186K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$41369

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

$70K

$2801 / participant

Other / not subdivided$70K100.0%

% of EOY assets

3.345%

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

$67,532

$54,726+23.4%

$68,793-1.8%

$64,181+5.2%

Participation rate

96.0%

68.0%+28.0pp

72.2%+23.8pp

69.6%+26.4pp

Annual return

-5.12%

-1.62%-3.5pp

-4.63%-0.5pp

7.63%-12.8pp

Employer contribution / active EE

$7,401

$1,846+300.9%

$2,625+181.9%

$2,381+210.9%

Participant deferral / active EE

$3,926

$2,626+49.5%

$3,311+18.6%

$3,470+13.2%

Admin fee / account holder

$2,259

$4,027-43.9%

$5,131-56.0%

$4,887-53.8%

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