Retirement plan

THE ROCKHILL GROUP, INC. RETIREMENT PLAN

Name: THE ROCKHILL GROUP, INC. - THE ROCKHILL GROUP, INC. RETIREMENT PLAN (2023) Form 5500
Creator: THE ROCKHILL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ROCKHILL GROUP, INC. RETIREMENT PLAN, THE ROCKHILL GROUP, INC.

THE ROCKHILL GROUP, INC.EIN 20-1836715Plan #001PY 2023

1 ROCKHILL DRIVE - MOLINO, FL 32577850-754-0400therockhillgroup.comLinkedIn201-500 employeesaviation & aerospace

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$7.9M

-5.8% from 2022

Total participants

349

-26.7% from 2022

Average account balance

$32,669

+9.0% from 2022

Annual return

14.01%

+30.07 pp from 2022

Benchmarks

See 6,228 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,228 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.82M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

187

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.

31.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$569K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$290

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 7 by compensation

Provider	Service type	Compensation
MORNINGSTAR6 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381	Advisory (Participants)	$5,141
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EDWARD D JONES & CO, LP Service code 26 · EIN 43-0345811	Advisory (Participants)	$4,460
ASCENSUS LLC3 years Filed as: FUTUREPLAN BY ASCENSUS Service code 49	Other Services	$4,232
VOYA RETIREMENT INSURANCE & ANNUITY7 years Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708	Advisory (Participants)	$3,189
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346	Recordkeeping	$1,000
WILSHIRE ASSOCIATES INCORPORATED1 year Filed as: WILSHIRE ASSOCIATES INC Service code 26 · EIN 95-2755361	Advisory (Participants)	$255
ASCENSUS LLC2 years Filed as: FUTURE PLAN BY ASCENSUS Service code 49 P.O. BOX 734602 · CHICAGO, IL 60673	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D2K

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$42K

$245 / participant

Contract admin$42K100.0%

% of EOY assets

0.536%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: OLSEN THIELEN & CO, LTD
Auditor EIN: 411360831
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,669

$91,474-64.3%

$135,982-76.0%

$71,529-54.3%

Participation rate

37.2%

75.7%-38.5pp

81.9%-44.7pp

67.9%-30.7pp

Annual return

14.01%

29.89%-15.9pp

68.32%-54.3pp

28.97%-15.0pp

Employer contribution / active EE

$1,387

$3,705-62.6%

$4,859-71.5%

$2,590-46.4%

Participant deferral / active EE

$3,877

$7,095-45.4%

$7,760-50.0%

$4,291-9.6%

Admin fee / account holder

$175

$1,267-86.2%

$10,767-98.4%

$1,588-89.0%

Provider

Service type

Compensation

MORNINGSTAR6 years

Filed as: MORNINGSTAR INVESTMENT MANAGEMENT

Service code 26 · EIN 36-4317381

Advisory (Participants)

$5,141

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EDWARD D JONES & CO, LP

Service code 26 · EIN 43-0345811

Advisory (Participants)

$4,460

ASCENSUS LLC3 years

Filed as: FUTUREPLAN BY ASCENSUS

Service code 49

Other Services

$4,232

VOYA RETIREMENT INSURANCE & ANNUITY7 years

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 26 · EIN 71-0294708

Advisory (Participants)

$3,189

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK USA

Service code 15 · EIN 01-0233346

Recordkeeping

$1,000

WILSHIRE ASSOCIATES INCORPORATED1 year

Filed as: WILSHIRE ASSOCIATES INC

Service code 26 · EIN 95-2755361

Advisory (Participants)

$255

ASCENSUS LLC2 years

Filed as: FUTURE PLAN BY ASCENSUS

Service code 49

P.O. BOX 734602 · CHICAGO, IL 60673

Other Services

THE ROCKHILL GROUP, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ROCKHILL GROUP, INC. RETIREMENT 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