Retirement plan

RESILITE SPORTS PRODUCTS, INC 401(K) RETIREMENT PLAN

Name: RESILITE SPORTS PRODUCTS, INC. - RESILITE SPORTS PRODUCTS, INC 401(K) RETIREMENT PLAN (2023) Form 5500
Creator: RESILITE SPORTS PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RESILITE SPORTS PRODUCTS, INC 401(K) RETIREMENT PLAN, RESILITE SPORTS PRODUCTS, INC.

RESILITE SPORTS PRODUCTS, INC.EIN 24-0864055Plan #002PY 2023

200 POINT TOWNSHIP DRIVE - NORTHUMBERLAND, PA 17857570-473-3529LinkedIn11-50 employeessports

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$12.3M

+6.9% from 2022

Total participants

157

+7.5% from 2022

Average account balance

$83,645

-4.8% from 2022

Annual return

18.00%

+33.88 pp from 2022

Benchmarks

See 14,453 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,453 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.81M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

161

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.

90.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$609K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+11.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$282

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 2 by compensation

Provider	Service type	Compensation
LPL FINANCIAL3 years Filed as: LPL FINANCIAL RPCP Service code 27 · EIN 04-3046611	Advisory (Plan)	$27,443
THE VANGUARD GROUP, INC.5 years Service code 15 · EIN 23-1945930	Recordkeeping	$14,899

Plan features & details

Pension benefit codes2E3D2G2J2F2T

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.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$41K

$581 / participant

Investment mgmt$26K63.9%
Contract admin$15K36.1%

% of EOY assets

0.335%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CHIAMPOU,TRAVIS,BESAW &KERSHNER LLP
Auditor EIN: 161468002
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$83,645

$80,983+3.3%

$96,544-13.4%

$75,177+11.3%

Participation rate

85.9%

71.8%+14.1pp

76.0%+9.9pp

67.2%+18.7pp

Annual return

18.00%

27.05%-9.1pp

25.88%-7.9pp

160.75%-142.8pp

Employer contribution / active EE

$4,763

$2,282+108.7%

$2,966+60.6%

$2,671+78.3%

Participant deferral / active EE

$3,157

$3,929-19.6%

$4,851-34.9%

$4,126-23.5%

Admin fee / account holder

$280

$6,717-95.8%

$8,254-96.6%

$5,651-95.0%

Provider

Service type

Compensation

LPL FINANCIAL3 years

Filed as: LPL FINANCIAL RPCP

Service code 27 · EIN 04-3046611

Advisory (Plan)

$27,443

THE VANGUARD GROUP, INC.5 years

Service code 15 · EIN 23-1945930

Recordkeeping

$14,899

RESILITE SPORTS PRODUCTS, INC 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RESILITE SPORTS PRODUCTS, INC 401(K) 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