Retirement plan

RUDOLPH FOODS COMPANY, INC. 401(K) RETIREMENT PLAN

Name: RUDOLPH FOODS COMPANY, INC. - RUDOLPH FOODS COMPANY, INC. 401(K) RETIREMENT PLAN (2019) Form 5500
Creator: RUDOLPH FOODS COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RUDOLPH FOODS COMPANY, INC. 401(K) RETIREMENT PLAN, RUDOLPH FOODS COMPANY, INC.

RUDOLPH FOODS COMPANY, INC.EIN 34-1563471Plan #001PY 2019

P.O. BOX 509 - LIMA, OH 45802419-648-3611rudolphfoods.comLinkedIn501-1000 employeesfood production

Prospect flagsFailed to provide benefit

How to read this page

Total assets (EOY)

$26.2M

+25.2% from 2018

Total participants

520

+18.5% from 2018

Average account balance

$55,509

+7.5% from 2018

Annual return

20.14%

+26.00 pp from 2018

Benchmarks

See 691 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort691 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$40.81M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

731

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.

74.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.97M

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

+13.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$228

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 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Service code 37 · EIN 04-2647786	Loan Processing	$43,766
EVERHART ADVISORS2 years Filed as: EVERHART FINANCIAL GROUP INC Service code 27 · EIN 31-1440043	Advisory (Plan)	$32,543
ASPIRIANT LLC5+ years Filed as: ASPIRIANT, LLC Service code 16 · EIN 26-1518255	Consulting	$15,918
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524	Advisory (Plan)	$6,850

Plan features & details

Pension benefit codes2G2J2R2T3D2E2F

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

1 tripped

ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.

Expense breakdown

Schedule H Part II

Admin total

$98K

$213 / participant

Investment mgmt$7K7.0%
Other / not subdivided$92K93.0%

% of EOY assets

0.376%

all-in expense ratio

Categories reported

1 / 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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,509

$55,790-0.5%

$76,823-27.7%

$67,579-17.9%

Participation rate

89.6%

71.1%+18.5pp

72.1%+17.5pp

71.3%+18.3pp

Annual return

20.14%

64.45%-44.3pp

1166.42%-1146.3pp

378.56%-358.4pp

Employer contribution / active EE

$1,430

$1,810-21.0%

$2,302-37.9%

$2,148-33.4%

Participant deferral / active EE

$3,749

$2,875+30.4%

$3,336+12.4%

$3,539+5.9%

Admin fee / account holder

$208

$159+31.0%

$6,422-96.8%

$142+46.5%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Service code 37 · EIN 04-2647786

Loan Processing

$43,766

EVERHART ADVISORS2 years

Filed as: EVERHART FINANCIAL GROUP INC

Service code 27 · EIN 31-1440043

Advisory (Plan)

$32,543

ASPIRIANT LLC5+ years

Filed as: ASPIRIANT, LLC

Service code 16 · EIN 26-1518255

Consulting

$15,918

STRATEGIC ADVISORS, INC.1 year

Service code 27 · EIN 04-2654524

Advisory (Plan)

$6,850

RUDOLPH FOODS COMPANY, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RUDOLPH FOODS COMPANY, 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