Retirement plan

RIZZIERI MANAGEMENT CO. , INC. EMPLOYEES' 401(K) PLAN

Name: RIZZIERI MANAGEMENT CO. , INC. - RIZZIERI MANAGEMENT CO. , INC. EMPLOYEES' 401(K) PLAN (2024) Form 5500
Creator: RIZZIERI MANAGEMENT CO. , INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RIZZIERI MANAGEMENT CO. , INC. EMPLOYEES' 401(K) PLAN, RIZZIERI MANAGEMENT CO. , INC.

RIZZIERI MANAGEMENT CO. , INC.EIN 22-3266937Plan #001PY 2024

307 FELLOWSHIP ROAD SUITE 103 - MOUNT LAUREL, NJ 08054856-810-8500LinkedIn201-500 employeesindividual & family services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$8.2M

+16.2% from 2023

Total participants

194

+3.7% from 2023

Average account balance

$75,110

+15.1% from 2023

Annual return

16.99%

-4.32 pp from 2023

Benchmarks

See 2,051 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort2,051 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.19M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

109

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.

48.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$331K

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

+16.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$289

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 5 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION4 years Service code 13 · EIN 35-1140070	Contract Administrator	$31,483
OSAIC WEALTH INC1 year Filed as: OSIAC WEALTH INC Service code 26	Advisory (Participants)	$26,479
SAGEPOINT FINANCIAL INC10+ years Filed as: FSC SECURITIES CORP Service code 26	Advisory (Participants)	$7,921
OSAIC WEALTH INC1 year Filed as: FSC SECURITIES CORP/OSAIC WEALTH Service code 26 18700 N HAYDEN RD · SCOTTSDALE, AZ 85255	Advisory (Participants)	$0
OSAIC WEALTH INC1 year Service code 26 18700 N HAYDEN RD · SCOTTSDALE, AZ 85255	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2G2J2K2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$31K

$191 / participant

Contract admin$31K100.0%

% of EOY assets

0.385%

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: MAILLIE LLP
Auditor EIN: 231518888
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$75,110

$60,504+24.1%

$81,882-8.3%

$74,478+0.8%

Participation rate

48.5%

62.9%-14.4pp

72.4%-23.9pp

67.2%-18.7pp

Annual return

16.99%

16.91%+0.1pp

779.47%-762.5pp

1370.56%-1353.6pp

Employer contribution / active EE

$2,627-100.0%

$2,916-100.0%

$2,626-100.0%

Participant deferral / active EE

$2,003

$3,400-41.1%

$4,323-53.7%

$4,350-54.0%

Admin fee / account holder

$289

$1,492-80.6%

$7,360-96.1%

$1,946-85.2%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION4 years

Service code 13 · EIN 35-1140070

Contract Administrator

$31,483

OSAIC WEALTH INC1 year

Filed as: OSIAC WEALTH INC

Service code 26

Advisory (Participants)

$26,479

SAGEPOINT FINANCIAL INC10+ years

Filed as: FSC SECURITIES CORP

Service code 26

Advisory (Participants)

$7,921

OSAIC WEALTH INC1 year

Filed as: FSC SECURITIES CORP/OSAIC WEALTH

Service code 26

18700 N HAYDEN RD · SCOTTSDALE, AZ 85255

Advisory (Participants)

OSAIC WEALTH INC1 year

Service code 26

18700 N HAYDEN RD · SCOTTSDALE, AZ 85255

Advisory (Participants)

RIZZIERI MANAGEMENT CO. , INC. EMPLOYEES' 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RIZZIERI MANAGEMENT CO. , INC. EMPLOYEES' 401(K) 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