Retirement plan

RM EXECUTIVE TRANSPORTATION, INC 401(K) PROFIT SHARING PLAN AND T

Name: RM EXECUTIVE TRANSPORTATION, INC - RM EXECUTIVE TRANSPORTATION, INC 401(K) PROFIT SHARING PLAN AND T (2024) Form 5500
Creator: RM EXECUTIVE TRANSPORTATION, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RM EXECUTIVE TRANSPORTATION, INC 401(K) PROFIT SHARING PLAN AND T, RM EXECUTIVE TRANSPORTATION, INC

RM EXECUTIVE TRANSPORTATION, INCEIN 20-3838599Plan #001PY 2024

525 SUNOL STREET - SAN JOSE, CA 95126650-458-4223

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$769K

+48.4% from 2023

Total participants

+48.6% from 2023

Average account balance

$15,371

+3.9% from 2023

Annual return

12.66%

-3.67 pp from 2023

Benchmarks

See 4,585 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,585 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$769K

Not enough data

1 years with asset history on file

Average account balance

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

$15K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$206K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$413

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 codes2E2F2G2J2T3D

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.
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

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

$21K

$413 / participant

Other / not subdivided$21K100.0%

% of EOY assets

2.687%

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

$15,371

$55,902-72.5%

$76,030-79.8%

$80,959-81.0%

Participation rate

96.0%

62.1%+33.9pp

69.1%+26.9pp

67.7%+28.3pp

Annual return

12.66%

20.59%-7.9pp

361.54%-348.9pp

35.67%-23.0pp

Employer contribution / active EE

$1,616

$1,867-13.4%

$2,688-39.9%

$2,757-41.4%

Participant deferral / active EE

$2,498

$3,051-18.1%

$4,257-41.3%

$4,300-41.9%

Admin fee / account holder

$413

$5,239-92.1%

$6,421-93.6%

$6,925-94.0%

RM EXECUTIVE TRANSPORTATION, INC 401(K) PROFIT SHARING PLAN AND T

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RM EXECUTIVE TRANSPORTATION, INC 401(K) PROFIT SHARING PLAN AND T

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