Retirement plan

RIGIDPLY RAFTERS, INC. EMPLOYEE SAVINGS & RETIREMENT PLAN

Name: RIGIDPLY RAFTERS, INC. - RIGIDPLY RAFTERS, INC. EMPLOYEE SAVINGS & RETIREMENT PLAN (2016) Form 5500
Creator: RIGIDPLY RAFTERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RIGIDPLY RAFTERS, INC. EMPLOYEE SAVINGS & RETIREMENT PLAN, RIGIDPLY RAFTERS, INC.

RIGIDPLY RAFTERS, INC.EIN 23-1737987Plan #001PY 2016

701 EAST LINDEN AVENUE - RICHLAND, PA 170879720717-866-6581

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$12.9M

+7.6% from 2015

Total participants

203

+2.5% from 2015

Average account balance

$67,461

+5.4% from 2015

Annual return

7.46%

+7.76 pp from 2015

Benchmarks

See 1,948 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,948 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.30M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

223

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.

88.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$907K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+18.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
ALLIANCE PENSION CONSULTANTS, LLC2+ years Filed as: THE PARAGON ALLIANCE GROUP, LLC Service code 13	Contract Administrator	$9,496
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$5,175
ALLIANCE PENSION CONSULTANTS, LLC2+ years Filed as: THE PARAGON ALLIANCE GROUP Service code 13 · EIN 23-3044062	Contract Administrator	$1,820
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASACHUSETTS MUTUAL LIFE INS CO Service code 72	Other investment fees and expenses	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 60	Sub-TA Fees	$0
TRUSTMONT ADVISORY GROUP1 year Filed as: TRUSTMONT FINANCIAL GROUP, INC. Service code 53 · EIN 25-1527294	Insurance Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$6K

$36 / participant

Contract admin$6K100.0%

% of EOY assets

0.047%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: TROUT, EBERSOLE & GROFF, LLP
Auditor EIN: 231551315
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$67,461

$56,640+19.1%

$78,002-13.5%

$55,167+22.3%

Participation rate

92.9%

73.3%+19.5pp

75.5%+17.3pp

69.0%+23.9pp

Annual return

7.46%

2868.48%-2861.0pp

425.99%-418.5pp

169.23%-161.8pp

Employer contribution / active EE

$525

$1,724-69.5%

$2,470-78.7%

$1,963-73.3%

Participant deferral / active EE

$2,287

$2,778-17.7%

$3,497-34.6%

$3,054-25.1%

Admin fee / account holder

$32

$467-93.2%

$5,481-99.4%

$504-93.7%

Provider

Service type

Compensation

ALLIANCE PENSION CONSULTANTS, LLC2+ years

Filed as: THE PARAGON ALLIANCE GROUP, LLC

Service code 13

Contract Administrator

$9,496

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$5,175

ALLIANCE PENSION CONSULTANTS, LLC2+ years

Filed as: THE PARAGON ALLIANCE GROUP

Service code 13 · EIN 23-3044062

Contract Administrator

$1,820

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASACHUSETTS MUTUAL LIFE INS CO

Service code 72

Other investment fees and expenses

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INS CO

Service code 60

Sub-TA Fees

TRUSTMONT ADVISORY GROUP1 year

Filed as: TRUSTMONT FINANCIAL GROUP, INC.

Service code 53 · EIN 25-1527294

Insurance Commissions

RIGIDPLY RAFTERS, INC. EMPLOYEE SAVINGS & RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RIGIDPLY RAFTERS, INC. EMPLOYEE SAVINGS & 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