Retirement plan

THE ROSADO GROUP 401K PLAN

Name: THE ROSADO GROUP - THE ROSADO GROUP 401K PLAN (2023) Form 5500
Creator: THE ROSADO GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ROSADO GROUP 401K PLAN, THE ROSADO GROUP

THE ROSADO GROUPEIN 23-2575176Plan #001PY 2023

500 ROUTES 6 AND 209, PO BOX M - MILFORD, PA 18337570-677-0073therosadogroup.comLinkedIn201-500 employees

Prospect flagsLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$5.9M

+27.8% from 2022

Total participants

180

0.0% from 2022

Average account balance

$38,502

+31.1% from 2022

Annual return

19.42%

+37.95 pp from 2022

Benchmarks

See 2,283 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,283 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.74M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

147

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.

78.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$560K

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

+15.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$40

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
MERRILL LYNCH PIERCE FENNER & SMITH8 years Service code 52 · EIN 13-5674085	Indirect Investment Fees	$19,055
ADP BROKER-DEALER9+ years Service code 49 · EIN 22-3319984	Other Services	$4,955
ADP BROKER-DEALER4 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$4,930

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$5K

$39 / participant

Recordkeeping$5K100.0%

% of EOY assets

0.083%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WALSH & DICKINSON
Auditor EIN: 823222207
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,502

$54,729-29.7%

$86,235-55.4%

$71,529-46.2%

Participation rate

79.4%

60.1%+19.3pp

69.0%+10.4pp

67.9%+11.4pp

Annual return

19.42%

20.07%-0.6pp

1170.03%-1150.6pp

28.97%-9.6pp

Employer contribution / active EE

$1,267-99.3%

$2,381-99.6%

$2,590-99.7%

Participant deferral / active EE

$5,130

$3,110+64.9%

$3,987+28.7%

$4,291+19.6%

Admin fee / account holder

$32

$1,921-98.3%

$6,856-99.5%

$1,588-98.0%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH8 years

Service code 52 · EIN 13-5674085

Indirect Investment Fees

$19,055

ADP BROKER-DEALER9+ years

Service code 49 · EIN 22-3319984

Other Services

$4,955

ADP BROKER-DEALER4 years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$4,930

THE ROSADO GROUP 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ROSADO GROUP 401K 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