Retirement plan

R.S.CORCORAN EMPLOYEE'S PROFIT SHARING PLAN

Name: R.S. CORCORAN CO, INC. - R.S.CORCORAN EMPLOYEE'S PROFIT SHARING PLAN (2024) Form 5500
Creator: R.S. CORCORAN CO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, R.S.CORCORAN EMPLOYEE'S PROFIT SHARING PLAN, R.S. CORCORAN CO, INC.

R.S. CORCORAN CO, INC.EIN 36-2606497Plan #001PY 2024

500 N VINE ST - NEW LENOX, IL 604512918815-485-2156corcoranpumps.comLinkedIn11-50 employees

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$12.4M

+24.1% from 2023

Total participants

-20.0% from 2023

Average account balance

-100.0% from 2023

Annual return

24.98%

-2.59 pp from 2023

Benchmarks

See 23,033 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort23,033 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.69M

Not enough data

1 years with asset history on file

Average account balance

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

$587K

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.

131.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$273K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+17.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4252

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 codes2J3D

Plan features

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.
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

$346K

$19245 / participant

Other / not subdivided$346K100.0%

% of EOY assets

2.797%

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

$117,904-100.0%

$102,457-100.0%

$145,978-100.0%

Participation rate

0.0%

78.6%-78.6pp

76.5%-76.5pp

80.3%-80.3pp

Annual return

24.98%

31.80%-6.8pp

29.41%-4.4pp

550.52%-525.5pp

Employer contribution / active EE

$4,100

$3,613+13.5%

$3,022+35.7%

$4,662-12.1%

Participant deferral / active EE

$9,961

$5,733+73.7%

$5,054+97.1%

$6,690+48.9%

Admin fee / account holder

$13,329-100.0%

$9,451-100.0%

$13,400-100.0%

R.S.CORCORAN EMPLOYEE'S PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

R.S.CORCORAN EMPLOYEE'S PROFIT SHARING 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