Retirement plan

ROBINSON INDUSTRIES EMPLOYEE 401(K) PLAN

Name: ROBINSON INDUSTRIES, INC. - ROBINSON INDUSTRIES EMPLOYEE 401(K) PLAN (2024) Form 5500
Creator: ROBINSON INDUSTRIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROBINSON INDUSTRIES EMPLOYEE 401(K) PLAN, ROBINSON INDUSTRIES, INC.

ROBINSON INDUSTRIES, INC.EIN 38-1497369Plan #003PY 2024

3051 CURTIS ROAD - COLEMAN, MI 48618989-465-6111robinsonind.comLinkedIn51-200 employeesplastics

Other plans on this EIN

1 filing

#001Retirement-$11.3M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.2M

+2.8% from 2023

Total participants

182

+7.1% from 2023

Average account balance

$89,792

-7.6% from 2023

Annual return

14.41%

-6.73 pp from 2023

Benchmarks

See 1,848 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,848 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.17M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

169

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.

91.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.07M

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

+14.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$70

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 3 by compensation

Provider	Service type	Compensation
STRTEGIC ADVISORS, INC1 year Service code 27 · EIN 04-2654524	Advisory (Plan)	$7,460
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$4,400
FIDELITY INVESTMENTS INSTITUTIONAL6 years Filed as: FIDELITY Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$12K

$75 / participant

Investment mgmt$12K100.0%

% of EOY assets

0.078%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: REHMANN ROBSON LLC
Auditor EIN: 383635706
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$89,792

$78,562+14.3%

$105,608-15.0%

$74,429+20.6%

Participation rate

91.8%

72.8%+19.0pp

75.3%+16.5pp

67.2%+24.6pp

Annual return

14.41%

15.94%-1.5pp

116.50%-102.1pp

1368.38%-1354.0pp

Employer contribution / active EE

$3,636

$2,521+44.2%

$3,167+14.8%

$2,625+38.5%

Participant deferral / active EE

$3,157

$4,321-27.0%

$5,010-37.0%

$4,348-27.4%

Admin fee / account holder

$70

$2,217-96.8%

$11,028-99.4%

$1,944-96.4%

Provider

Service type

Compensation

STRTEGIC ADVISORS, INC1 year

Service code 27 · EIN 04-2654524

Advisory (Plan)

$7,460

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$4,400

FIDELITY INVESTMENTS INSTITUTIONAL6 years

Filed as: FIDELITY

Service code 60

Sub-TA Fees

ROBINSON INDUSTRIES EMPLOYEE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROBINSON INDUSTRIES EMPLOYEE 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