Retirement plan

R.I. LAMPUS COMPANY PROFIT SHARING PLAN

Name: R.I. LAMPUS COMPANY - R.I. LAMPUS COMPANY PROFIT SHARING PLAN (2022) Form 5500
Creator: R.I. LAMPUS COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, R.I. LAMPUS COMPANY PROFIT SHARING PLAN, R.I. LAMPUS COMPANY

R.I. LAMPUS COMPANYEIN 25-1001541Plan #001PY 2022

816 R.I. LAMPUS AVENUE, P.O. BOX 167 - SPRINGDALE, PA 15144412-362-3800lampus.comLinkedIn51-200 employeesbuilding materials

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.1M

-15.5% from 2021

Total participants

+2.1% from 2021

Average account balance

$126,635

-17.3% from 2021

Annual return

-12.48%

-27.39 pp from 2021

Benchmarks

See 5,556 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,556 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.25M

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

112.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$251K

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

+8.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15038

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 codes2E3D2J2R2H2F

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the 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

$490K

$11957 / participant

Other / not subdivided$490K100.0%

% of EOY assets

8.065%

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

$126,635

$73,009+73.5%

$90,760+39.5%

$68,486+84.9%

Participation rate

100.0%

70.8%+29.2pp

75.7%+24.3pp

67.9%+32.1pp

Annual return

-12.48%

-13.81%+1.3pp

-12.16%-0.3pp

-7.85%-4.6pp

Employer contribution / active EE

$3,023

$2,193+37.9%

$2,922+3.5%

$2,597+16.4%

Participant deferral / active EE

$2,396

$3,626-33.9%

$4,565-47.5%

$4,028-40.5%

Admin fee / account holder

$10,213

$5,896+73.2%

$8,444+20.9%

$5,404+89.0%

R.I. LAMPUS COMPANY PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

R.I. LAMPUS COMPANY 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