Retirement plan

RJG TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

Name: RJG TECHNOLOGIES, INC. - RJG TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: RJG TECHNOLOGIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RJG TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN, RJG TECHNOLOGIES, INC.

RJG TECHNOLOGIES, INC.EIN 38-2888955Plan #001PY 2024

3111 PARK DRIVE - TRAVERSE CITY, MI 49686231-946-3111

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$16.8M

+15.5% from 2023

Total participants

123

0.0% from 2023

Average account balance

$139,106

+16.4% from 2023

Annual return

13.89%

-4.25 pp from 2023

Benchmarks

See 5,401 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,401 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.83M

Not enough data

1 years with asset history on file

Average account balance

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

$139K

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.

121

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.

97.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.19M

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

+13.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$458

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 1 by compensation

Provider	Service type	Compensation
GREENLEAF TRUST6 years Service code 15 · EIN 38-3416104	Recordkeeping	$55,359

Plan features & details

Pension benefit codes2E2F2G2J3D2T

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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$55K

$583 / participant

Recordkeeping$3K5.5%
Investment mgmt$52K94.5%

% of EOY assets

0.329%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: REHMAN ROBSOM LLC
Auditor EIN: 383635706
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$139,106

$87,059+59.8%

$105,608+31.7%

$80,925+71.9%

Participation rate

97.9%

70.4%+27.4pp

75.3%+22.6pp

67.7%+30.2pp

Annual return

13.89%

17.05%-3.2pp

116.50%-102.6pp

35.65%-21.8pp

Employer contribution / active EE

$3,916

$2,396+63.4%

$3,167+23.7%

$2,756+42.1%

Participant deferral / active EE

$8,598

$3,986+115.7%

$5,010+71.6%

$4,299+100.0%

Admin fee / account holder

$458

$8,443-94.6%

$11,028-95.9%

$6,940-93.4%

Provider

Service type

Compensation

GREENLEAF TRUST6 years

Service code 15 · EIN 38-3416104

Recordkeeping

$55,359

RJG TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RJG TECHNOLOGIES, INC. 401(K) 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