Retirement plan

R. E. CHURCH ENTERPRISES, INC. PROFIT SHARING PLAN AND TRUST

Name: R.E. CHURCH ENTERPRISES, INC. - R. E. CHURCH ENTERPRISES, INC. PROFIT SHARING PLAN AND TRUST (2022) Form 5500
Creator: R.E. CHURCH ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, R. E. CHURCH ENTERPRISES, INC. PROFIT SHARING PLAN AND TRUST, R.E. CHURCH ENTERPRISES, INC.

R.E. CHURCH ENTERPRISES, INC.EIN 23-2374717Plan #001PY 2022

P O BOX 229 - RIDLEY PARK, PA 19078610-461-5550

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$959K

-9.7% from 2021

Total participants

-1.5% from 2021

Average account balance

$16,543

+2.8% from 2021

Annual return

-17.67%

-28.12 pp from 2021

Benchmarks

See 9,445 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,445 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.33M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

79.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$139K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+10.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2386

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.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$74K

$1424 / participant

Other / not subdivided$74K100.0%

% of EOY assets

7.717%

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

$16,543

$59,813-72.3%

$79,580-79.2%

$68,486-75.8%

Participation rate

84.6%

61.1%+23.5pp

69.5%+15.1pp

67.9%+16.7pp

Annual return

-17.67%

-12.30%-5.4pp

0.15%-17.8pp

-7.85%-9.8pp

Employer contribution / active EE

$1,251

$1,505-16.9%

$2,413-48.2%

$2,597-51.8%

Participant deferral / active EE

$1,804

$3,024-40.3%

$3,985-54.7%

$4,028-55.2%

Admin fee / account holder

$1,277

$4,835-73.6%

$6,835-81.3%

$5,404-76.4%

R. E. CHURCH ENTERPRISES, INC. PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

R. E. CHURCH ENTERPRISES, INC. PROFIT SHARING PLAN AND TRUST

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