Retirement plan

R.G. WRIGHT AGENCY, INC. 401(K) PROFIT SHARING PLAN

Name: R.G. WRIGHT AGENCY - R.G. WRIGHT AGENCY, INC. 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: R.G. WRIGHT AGENCY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, R.G. WRIGHT AGENCY, INC. 401(K) PROFIT SHARING PLAN, R.G. WRIGHT AGENCY

R.G. WRIGHT AGENCYEIN 16-0925543Plan #001PY 2021

64 SOUTH STREET, SUITE A - AUBURN, NY 13021315-252-7561

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$658K

+43.8% from 2020

Total participants

0.0% from 2020

Average account balance

$131,564

+43.8% from 2020

Annual return

37.24%

+36.27 pp from 2020

Benchmarks

See 33,463 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort33,463 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$853K

Not enough data

1 years with asset history on file

Average account balance

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

$142K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$77K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+7.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E3D2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$131,564

$209,888-37.3%

$189,545-30.6%

$167,553-21.5%

Participation rate

100.0%

88.7%+11.3pp

87.8%+12.2pp

82.1%+17.9pp

Annual return

37.24%

748.66%-711.4pp

555.36%-518.1pp

478.89%-441.7pp

Employer contribution / active EE

$1,533

$6,915-77.8%

$6,162-75.1%

$4,840-68.3%

Participant deferral / active EE

$4,428

$8,934-50.4%

$8,220-46.1%

$6,343-30.2%

Admin fee / account holder

$14,300-100.0%

$12,049-100.0%

$12,316-100.0%

R.G. WRIGHT AGENCY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

R.G. WRIGHT AGENCY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion