Retirement plan

PHILADELPHIA RUST-PROOF COMPANY, INC. PROFIT SHARING PLAN

Name: PHILADELPHIA RUST-PROOF COMPANY, INC. - PHILADELPHIA RUST-PROOF COMPANY, INC. PROFIT SHARING PLAN (2023) Form 5500
Creator: PHILADELPHIA RUST-PROOF COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PHILADELPHIA RUST-PROOF COMPANY, INC. PROFIT SHARING PLAN, PHILADELPHIA RUST-PROOF COMPANY, INC.

PHILADELPHIA RUST-PROOF COMPANY, INC.EIN 23-2033202Plan #001PY 2023

P. O. BOX 26885 - PHILADELPHIA, PA 19134215-425-3000philarustproof.comLinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.2M

+3.1% from 2022

Total participants

0.0% from 2022

Average account balance

$249,601

+3.1% from 2022

Annual return

16.64%

+23.98 pp from 2022

Benchmarks

See 22,651 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort22,651 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.36M

Not enough data

1 years with asset history on file

Average account balance

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

$271K

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

$24K

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

+4.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$35100

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 codes2E3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$188K

$37506 / participant

Other / not subdivided$188K100.0%

% of EOY assets

15.026%

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

$249,601

$110,307+126.3%

$96,576+158.5%

$139,456+79.0%

Participation rate

100.0%

78.1%+21.9pp

76.0%+24.0pp

80.3%+19.7pp

Annual return

16.64%

26.40%-9.8pp

25.87%-9.2pp

373.45%-356.8pp

Employer contribution / active EE

$4,800

$3,619+32.6%

$2,965+61.9%

$4,753+1.0%

Participant deferral / active EE

$5,547-100.0%

$4,851-100.0%

$6,711-100.0%

Admin fee / account holder

$37,506

$11,597+223.4%

$8,253+354.5%

$11,407+228.8%

PHILADELPHIA RUST-PROOF COMPANY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PHILADELPHIA RUST-PROOF COMPANY, INC. 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