Retirement plan

RHINO SEED & LANDSCAPE SUPPLY, LLC 401(K) PLAN

Name: RHINO SEED & LANDSCAPE SUPPLY, LLC - RHINO SEED & LANDSCAPE SUPPLY, LLC 401(K) PLAN (2023) Form 5500
Creator: RHINO SEED & LANDSCAPE SUPPLY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RHINO SEED & LANDSCAPE SUPPLY, LLC 401(K) PLAN, RHINO SEED & LANDSCAPE SUPPLY, LLC

RHINO SEED & LANDSCAPE SUPPLY, LLCEIN 38-3428362Plan #001PY 2023

850 N. OLD US HWY. 23 - BRIGHTON, MI 48114810-632-5640

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$437K

+30.6% from 2022

Total participants

0.0% from 2022

Average account balance

$18,223

+30.6% from 2022

Annual return

34.28%

+66.91 pp from 2022

Benchmarks

See 22,137 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,137 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$597K

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

91.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$90K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+25.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1977

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 codes2E2F2G2J3D

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.
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

$109K

$5461 / participant

Other / not subdivided$109K100.0%

% of EOY assets

24.973%

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

$18,223

$102,723-82.3%

$86,251-78.9%

$139,500-86.9%

Participation rate

85.0%

74.5%+10.5pp

69.0%+16.0pp

80.3%+4.7pp

Annual return

34.28%

1926.99%-1892.7pp

1170.54%-1136.3pp

373.99%-339.7pp

Employer contribution / active EE

$1,933

$3,034-36.3%

$2,381-18.8%

$4,755-59.4%

Participant deferral / active EE

$2,881

$4,679-38.4%

$3,987-27.7%

$6,713-57.1%

Admin fee / account holder

$4,551

$8,670-47.5%

$6,857-33.6%

$11,410-60.1%

RHINO SEED & LANDSCAPE SUPPLY, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RHINO SEED & LANDSCAPE SUPPLY, LLC 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