Retirement plan

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

Name: RJG TECHNOLOGIES, INC. - RJG TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN (2022) 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 2022

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.7M

-20.5% from 2021

Total participants

136

-1.4% from 2021

Average account balance

$109,587

-18.1% from 2021

Annual return

-17.60%

-32.42 pp from 2021

Benchmarks

See 1,872 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,872 peers

Snapshot2022

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 TRUST4 years Service code 15 · EIN 38-3416104	Recordkeeping	$46,737

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

$52K

$455 / participant

Other / not subdivided$52K100.0%

% of EOY assets

0.354%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$109,587

$72,620+50.9%

$90,760+20.7%

$66,938+63.7%

Participation rate

98.2%

73.7%+24.5pp

75.7%+22.6pp

69.8%+28.4pp

Annual return

-17.60%

-12.28%-5.3pp

-12.16%-5.4pp

1.58%-19.2pp

Employer contribution / active EE

$4,040

$2,369+70.5%

$2,922+38.3%

$2,545+58.7%

Participant deferral / active EE

$8,625

$3,979+116.8%

$4,565+88.9%

$4,238+103.5%

Admin fee / account holder

$387

$707-45.2%

$8,444-95.4%

$594-34.7%

Provider

Service type

Compensation

GREENLEAF TRUST4 years

Service code 15 · EIN 38-3416104

Recordkeeping

$46,737

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