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 (2023) 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 2023

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.2M

+22.7% from 2022

Total participants

-1.5% from 2022

Average account balance

$22,213

+34.3% from 2022

Annual return

15.94%

+33.60 pp from 2022

Benchmarks

See 9,480 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,480 peers

Snapshot2023

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

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

$95K

$1727 / participant

Other / not subdivided$95K100.0%

% of EOY assets

8.067%

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

$22,213

$65,575-66.1%

$86,209-74.2%

$75,181-70.5%

Participation rate

78.2%

60.5%+17.7pp

69.0%+9.2pp

67.2%+11.0pp

Annual return

15.94%

46.07%-30.1pp

1169.05%-1153.1pp

160.69%-144.7pp

Employer contribution / active EE

$1,202

$1,553-22.6%

$2,381-49.5%

$2,671-55.0%

Participant deferral / active EE

$1,705

$3,023-43.6%

$3,986-57.2%

$4,126-58.7%

Admin fee / account holder

$1,792

$5,470-67.2%

$6,853-73.9%

$5,650-68.3%

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