Retirement plan

RUSPAK 401(K) RETIREMENT PLAN

Name: RUSPAK CORP., INC. - RUSPAK 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: RUSPAK CORP., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RUSPAK 401(K) RETIREMENT PLAN, RUSPAK CORP., INC.

RUSPAK CORP., INC.EIN 15-0611123Plan #001PY 2024

5 MANHATTAN ST. - LYONS, NY 14489315-946-9777ruspak.comLinkedIn51-200 employeespackaging and containers

Prospect flagsHigh fees

Top hat statement on fileNQDC

Filed October 31, 2019

Plan administrator

Plan administrator name— Sign in and upgrade to view

PO Box 29 / 5 Manhattan Street

Lyons, NY 14489

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Plans declared (1)

Ruspak Deferred Compensation Plan1 emp

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Total assets (EOY)

$2.5M

+19.1% from 2023

Total participants

-6.7% from 2023

Average account balance

$107,502

+19.1% from 2023

Annual return

14.27%

-3.41 pp from 2023

Benchmarks

See 19,390 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort19,390 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.47M

Not enough data

1 years with asset history on file

Average account balance

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

$108K

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.

95.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$126K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1507

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

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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 codes2E2F2G2J3D

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.
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

$35K

$1444 / participant

Other / not subdivided$35K100.0%

% of EOY assets

1.402%

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

$107,502

$100,139+7.4%

$85,187+26.2%

$145,884-26.3%

Participation rate

79.2%

74.1%+5.1pp

67.5%+11.6pp

80.3%-1.1pp

Annual return

14.27%

84.15%-69.9pp

66.67%-52.4pp

551.85%-537.6pp

Employer contribution / active EE

$1,399

$3,238-56.8%

$2,732-48.8%

$4,662-70.0%

Participant deferral / active EE

$3,860

$5,296-27.1%

$4,525-14.7%

$6,690-42.3%

Admin fee / account holder

$1,507

$7,262-79.3%

$6,162-75.5%

$13,392-88.7%

RUSPAK 401(K) RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RUSPAK 401(K) RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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