Retirement plan

RAPID PROTOTYPING & ENGINEERING, INC. EMPLOYEES' 401(K) PLAN

Name: RAPID PROTOTYPING AND ENGINEERING - RAPID PROTOTYPING & ENGINEERING, INC. EMPLOYEES' 401(K) PLAN (2024) Form 5500
Creator: RAPID PROTOTYPING AND ENGINEERING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RAPID PROTOTYPING & ENGINEERING, INC. EMPLOYEES' 401(K) PLAN, RAPID PROTOTYPING AND ENGINEERING

RAPID PROTOTYPING AND ENGINEERINGEIN 35-1971841Plan #001PY 2024

1424 COMMERCE PKWY - FRANKLIN, IN 461316963317-739-3543rpemachining.comLinkedIn1-10 employeesmachinery

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+26.0% from 2023

Total participants

0.0% from 2023

Average account balance

$99,135

+26.0% from 2023

Annual return

11.89%

-5.39 pp from 2023

Benchmarks

See 23,012 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort23,012 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.59M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

114.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$178K

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

+11.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15

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 codes2E2G2J2T3C3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$245

$18 / participant

Other / not subdivided$245100.0%

% of EOY assets

0.015%

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

$99,135

$117,829-15.9%

$102,423-3.2%

$145,877-32.0%

Participation rate

85.7%

78.6%+7.1pp

76.5%+9.2pp

80.3%+5.4pp

Annual return

11.89%

31.83%-19.9pp

29.42%-17.5pp

551.28%-539.4pp

Employer contribution / active EE

$3,351

$3,615-7.3%

$3,023+10.9%

$4,663-28.1%

Participant deferral / active EE

$9,351

$5,732+63.1%

$5,054+85.0%

$6,691+39.8%

Admin fee / account holder

$15

$13,335-99.9%

$9,455-99.8%

$13,402-99.9%

RAPID PROTOTYPING & ENGINEERING, INC. EMPLOYEES' 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RAPID PROTOTYPING & ENGINEERING, INC. EMPLOYEES' 401(K) 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