Retirement plan

RJM CONSTRUCTION RETIREMENT SAVINGS PLAN

Name: RJM CONSTRUCTION, LLC - RJM CONSTRUCTION RETIREMENT SAVINGS PLAN (2018) Form 5500
Creator: RJM CONSTRUCTION, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RJM CONSTRUCTION RETIREMENT SAVINGS PLAN, RJM CONSTRUCTION, LLC

RJM CONSTRUCTION, LLCEIN 26-2108283Plan #001PY 2018

830 BOONE AVENUE NORTH - GOLDEN VALLEY, MN 55427952-837-8549rjmconstruction.comLinkedIn51-200 employeesconstruction

Prospect flagsHigh fees

Top hat statement on fileNQDC

Filed July 31, 2025 (most recent of 2 filings on file)

Plan administrator

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830 Boone Ave N

Golden Valley, MN 55427

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Plans declared (1)

Plan name not on file13 emp

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Total assets (EOY)

$7.8M

-0.8% from 2017

Total participants

-6.7% from 2017

Average account balance

$80,772

+5.3% from 2017

Annual return

-6.57%

-25.53 pp from 2017

Benchmarks

See 15,016 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,016 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.18M

Not enough data

1 years with asset history on file

Average account balance

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

$137K

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.

147.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+15.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24625

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
SAGEVIEW ADVISORY GROUP, LLC4+ years Filed as: SAGEVIEW ADVISORY GROUP Service code 22 1600 UTICA AVE. S - FLOOR 6 · MINNEAPOLIS, MN 55416	Insurance Broker	$22,596
ALERUS FINANCIAL, N.A.4+ years Service code 15 · EIN 45-6062081	Recordkeeping	$14,810

Plan features & details

Pension benefit codes2E2F2G2J2K2S3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$37K

$499 / participant

Investment mgmt$23K60.4%
Contract admin$15K39.6%

% of EOY assets

0.477%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MAHONEY, ULBRICH, CHRISTIANSEN
Auditor EIN: 411647057
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,772

$57,352+40.8%

$83,830-3.6%

$64,173+25.9%

Participation rate

98.7%

68.6%+30.1pp

76.1%+22.5pp

69.6%+29.1pp

Annual return

-6.57%

11.38%-18.0pp

850.97%-857.5pp

7.63%-14.2pp

Employer contribution / active EE

$4,206

$2,546+65.2%

$3,631+15.8%

$2,381+76.7%

Participant deferral / active EE

$7,943

$2,993+165.4%

$4,082+94.6%

$3,470+128.9%

Admin fee / account holder

$386

$4,046-90.5%

$5,479-93.0%

$4,887-92.1%

Provider

Service type

Compensation

SAGEVIEW ADVISORY GROUP, LLC4+ years

Filed as: SAGEVIEW ADVISORY GROUP

Service code 22

1600 UTICA AVE. S - FLOOR 6 · MINNEAPOLIS, MN 55416

Insurance Broker

$22,596

ALERUS FINANCIAL, N.A.4+ years

Service code 15 · EIN 45-6062081

Recordkeeping

$14,810

RJM CONSTRUCTION RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RJM CONSTRUCTION RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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