Retirement plan

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

Name: RAPID PROTOTYPING & ENGINEERING, INC. - RAPID PROTOTYPING & ENGINEERING, INC. EMPLOYEES' 401(K) PLAN (2022) Form 5500
Creator: RAPID PROTOTYPING & ENGINEERING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RAPID PROTOTYPING & ENGINEERING, INC. EMPLOYEES' 401(K) PLAN, RAPID PROTOTYPING & ENGINEERING, INC.

RAPID PROTOTYPING & ENGINEERING, INC.EIN 35-1971841Plan #001PY 2022

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

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$972K

-6.6% from 2021

Total participants

+13.3% from 2021

Average account balance

$60,741

-18.3% from 2021

Annual return

-17.96%

-34.04 pp from 2021

Benchmarks

See 22,373 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort22,373 peers

Snapshot2022

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 codes2E2G2J2T3D

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.
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

$2K

$174 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.251%

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

$60,741

$100,792-39.7%

$86,691-29.9%

$134,509-54.8%

Participation rate

92.9%

78.9%+13.9pp

76.6%+16.3pp

81.2%+11.6pp

Annual return

-17.96%

29.08%-47.0pp

35.94%-53.9pp

418.13%-436.1pp

Employer contribution / active EE

$2,388

$3,491-31.6%

$2,837-15.8%

$4,741-49.6%

Participant deferral / active EE

$6,051

$5,339+13.3%

$4,656+30.0%

$6,400-5.5%

Admin fee / account holder

$152

$10,924-98.6%

$7,492-98.0%

$11,427-98.7%

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