Retirement plan

I. RICE & CO., INC. EMPLOYEE PROFIT SHARING PLAN

Name: I. RICE & CO., INC. - I. RICE & CO., INC. EMPLOYEE PROFIT SHARING PLAN (2024) Form 5500
Creator: I. RICE & CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, I. RICE & CO., INC. EMPLOYEE PROFIT SHARING PLAN, I. RICE & CO., INC.

I. RICE & CO., INC.EIN 23-1730455Plan #001PY 2024

11500 ROOSEVELT BLVD. - PHILADELPHIA, PA 19116215-673-7423iriceco.comLinkedIn51-200 employeesfood production

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15M

+15.6% from 2023

Total participants

121

-1.6% from 2023

Average account balance

$127,997

+19.6% from 2023

Annual return

12.09%

-3.87 pp from 2023

Benchmarks

See 1,372 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Cohort1,372 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.98M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

117

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.

96.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.36M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+12.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24

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 3 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201	Recordkeeping	$315
DA DAVIDSON & CO1 year Filed as: D.A. DAVISON & CO. Service code 28 · EIN 81-0139474 8 THIRD STREET NORTH · GREAT FALLS, MT 594013104	Investment Management	$25
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK ENTERPRISE Service code 28 · EIN 04-3483032 P.O. BOX 55208 · BOSTON, MA 022055208	Investment Management	$0

Plan features & details

Pension benefit codes2A2E2G2J3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.

Expense breakdown

Schedule H Part II

Admin total

$3K

$29 / participant

Investment mgmt$20.1%
Contract admin$3K99.9%

% of EOY assets

0.019%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HAEFELE, FLANAGAN & CO., P.C.
Auditor EIN: 223008776
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$127,997

$151,473-15.5%

$81,286+57.5%

Participation rate

96.0%

67.4%+28.6pp

69.5%+26.4pp

Annual return

12.09%

14.12%-2.0pp

24.80%-12.7pp

Employer contribution / active EE

$7,619

$2,538+200.2%

$2,463+209.4%

Participant deferral / active EE

$6,153

$4,234+45.3%

$3,883+58.4%

Admin fee / account holder

$24

$25,249-99.9%

$5,764-99.6%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK USA

Service code 15 · EIN 01-0233346

P.O. BOX 600 · BUFFALO, NY 14201

Recordkeeping

$315

DA DAVIDSON & CO1 year

Filed as: D.A. DAVISON & CO.

Service code 28 · EIN 81-0139474

8 THIRD STREET NORTH · GREAT FALLS, MT 594013104

Investment Management

$25

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK ENTERPRISE

Service code 28 · EIN 04-3483032

P.O. BOX 55208 · BOSTON, MA 022055208

Investment Management

I. RICE & CO., INC. EMPLOYEE PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

I. RICE & CO., INC. EMPLOYEE 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