Retirement plan

RFMELITE PRINTING PROFIT SHARING PLAN

Name: RFM PRINTING INC., D/B/A RFMELITE PRINTING - RFMELITE PRINTING PROFIT SHARING PLAN (2022) Form 5500
Creator: RFM PRINTING INC., D/B/A RFMELITE PRINTING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RFMELITE PRINTING PROFIT SHARING PLAN, RFM PRINTING INC., D/B/A RFMELITE PRINTING

RFM PRINTING INC., D/B/A RFMELITE PRINTINGEIN 22-3522115Plan #001PY 2022

1715 HIGHWAY 34, P.O. BOX 1430 - WALL, NJ 07719732-938-4400LinkedIn11-50 employeespublishing

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.9M

-13.8% from 2021

Total participants

0.0% from 2021

Average account balance

$76,266

-13.8% from 2021

Annual return

-17.00%

-30.42 pp from 2021

Benchmarks

See 10,380 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort10,380 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.74M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

181.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$129K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+11.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$617

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 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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$80K

$4685 / participant

Other / not subdivided$80K100.0%

% of EOY assets

4.177%

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

$76,266

$99,668-23.5%

$86,451-11.8%

$134,545-43.3%

Participation rate

94.1%

82.1%+12.1pp

80.3%+13.8pp

81.2%+12.9pp

Annual return

-17.00%

6789.61%-6806.6pp

4398.51%-4415.5pp

418.37%-435.4pp

Employer contribution / active EE

$4,499

$4,403+2.2%

$3,770+19.3%

$4,742-5.1%

Participant deferral / active EE

$4,365

$7,249-39.8%

$6,953-37.2%

$6,401-31.8%

Admin fee / account holder

$3,186

$8,377-62.0%

$6,734-52.7%

$11,431-72.1%

RFMELITE PRINTING PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RFMELITE PRINTING PROFIT SHARING 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