Retirement plan

RTEAM MANAGEMENT, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: RTEAM MANAGEMENT, INC. - RTEAM MANAGEMENT, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: RTEAM MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RTEAM MANAGEMENT, INC. EMPLOYEE STOCK OWNERSHIP PLAN, RTEAM MANAGEMENT, INC.

RTEAM MANAGEMENT, INC.EIN 30-0295413Plan #003PY 2023

1288 RESEARCH RD. - GAHANNA, OH 43230614-755-4500

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$183.1M

-58.3% from 2018

Total participants

868

+11.9% from 2018

Average account balance

$212,161

-62.7% from 2018

Annual return

36.27%

-54.21 pp from 2018

Benchmarks

See 820 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort820 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$278.82M

Not enough data

1 years with asset history on file

Average account balance

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

$284K

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.

981

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.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.81M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+51.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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 codes2E2I2P3H3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$840

$1 / participant

Contract admin$840100.0%

% of EOY assets

0.000%

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: BRADY, WARE & SCHOENFELD, INC.
Auditor EIN: 351476702
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$212,161

$40,435+424.7%

$80,669+163.0%

$74,478+184.9%

Participation rate

99.1%

47.4%+51.8pp

67.0%+32.1pp

70.7%+28.4pp

Annual return

36.27%

165.22%-129.0pp

937.61%-901.3pp

34.37%+1.9pp

Employer contribution / active EE

$9,770

$1,498+552.4%

$2,724+258.7%

$2,637+270.5%

Participant deferral / active EE

$2,673-100.0%

$4,444-100.0%

$4,530-100.0%

Admin fee / account holder

$721-99.9%

$5,384-100.0%

$347-99.7%

RTEAM MANAGEMENT, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RTEAM MANAGEMENT, INC. EMPLOYEE STOCK OWNERSHIP 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