Retirement plan

EMPLOYEE BENEFIT PLAN OF RAYBEN ENTERPRISES, INC.

Name: RAYBEN ENTERPRISES, INC. - EMPLOYEE BENEFIT PLAN OF RAYBEN ENTERPRISES, INC. (2019) Form 5500
Creator: RAYBEN ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF RAYBEN ENTERPRISES, INC., RAYBEN ENTERPRISES, INC.

RAYBEN ENTERPRISES, INC.EIN 14-1645981Plan #001PY 2019

31 RAILROAD AVE - ALBANY, NY 122055720518-426-7643raybenenterprises.comLinkedIn1-10 employees

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$1.1M

+12.3% from 2018

Total participants

-3.8% from 2018

Average account balance

$22,014

+16.8% from 2018

Annual return

3.85%

+0.04 pp from 2018

Benchmarks

See 4,197 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants25-99

Cohort4,197 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.74M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

51.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$169K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+5.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1088

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 codes2F2G2T

Plan features

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.
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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$8K

$311 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.764%

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

$22,014

$48,053-54.2%

$84,623-74.0%

$72,983-69.8%

Participation rate

96.3%

57.6%+38.7pp

68.2%+28.1pp

69.5%+26.8pp

Annual return

3.85%

37.39%-33.5pp

258.77%-254.9pp

81.01%-77.2pp

Employer contribution / active EE

$1,233

$1,602-23.0%

$2,652-53.5%

$2,440-49.5%

Participant deferral / active EE

$2,115

$2,681-21.1%

$3,899-45.8%

$3,608-41.4%

Admin fee / account holder

$168

$3,395-95.0%

$4,913-96.6%

$5,124-96.7%

EMPLOYEE BENEFIT PLAN OF RAYBEN ENTERPRISES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF RAYBEN ENTERPRISES, INC.

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