Retirement plan

ROLLINS MOVING AND STORAGE, INC. 401(K) PLAN

Name: ROLLINS MOVING AND STORAGE, INC. - ROLLINS MOVING AND STORAGE, INC. 401(K) PLAN (2022) Form 5500
Creator: ROLLINS MOVING AND STORAGE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROLLINS MOVING AND STORAGE, INC. 401(K) PLAN, ROLLINS MOVING AND STORAGE, INC.

ROLLINS MOVING AND STORAGE, INC.EIN 31-0547894Plan #001PY 2022

P. O. BOX 839 - SPRINGFIELD, OH 45501937-325-2484rollinsmoving.comLinkedIn51-200 employeestransportation/trucking/railroad

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$4.3M

-19.1% from 2021

Total participants

157

+33.1% from 2021

Average account balance

$52,357

-23.0% from 2021

Annual return

-11.27%

-24.04 pp from 2021

Benchmarks

See 1,125 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,125 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.32M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

102.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$307K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+9.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$39530

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

Top 3 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.8+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 62 · EIN 04-1590850	Recordkeeping fees; Float revenue	$12,498
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER Service code 64 · EIN 84-0467907	Recordkeeping Fees	$3,429
FOLEY BENEFITS GROUP8+ years Service code 13 · EIN 31-1634880	Contract Administrator	$2,487

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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: BENNETT,GROEBER,MULLEN & FELTNER CO
Auditor EIN: 341601163
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,357

$63,471-17.5%

$68,803-23.9%

$66,949-21.8%

Participation rate

48.3%

60.0%-11.7pp

69.0%-20.8pp

69.8%-21.6pp

Annual return

-11.27%

-8.29%-3.0pp

-6.37%-4.9pp

1.57%-12.8pp

Employer contribution / active EE

$952

$1,776-46.4%

$2,656-64.2%

$2,545-62.6%

Participant deferral / active EE

$1,656

$2,946-43.8%

$3,942-58.0%

$4,239-60.9%

Admin fee / account holder

$578-100.0%

$4,936-100.0%

$594-100.0%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.8+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 62 · EIN 04-1590850

Recordkeeping fees; Float revenue

$12,498

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER

Service code 64 · EIN 84-0467907

Recordkeeping Fees

$3,429

FOLEY BENEFITS GROUP8+ years

Service code 13 · EIN 31-1634880

Contract Administrator

$2,487

ROLLINS MOVING AND STORAGE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ROLLINS MOVING AND STORAGE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion