Retirement plan

RUDER WARE, L.L.S.C. 401(K) PROFIT SHARING PLAN

Name: RUDER WARE, L.L.S.C. - RUDER WARE, L.L.S.C. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: RUDER WARE, L.L.S.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RUDER WARE, L.L.S.C. 401(K) PROFIT SHARING PLAN, RUDER WARE, L.L.S.C.

RUDER WARE, L.L.S.C.EIN 39-1132495Plan #001PY 2023

500 N. FIRST STREET, STE 8000, P.O. BOX 8050 - WAUSAU, WI 544028050715-845-4336

Prospect flagsHigh feesHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$52.1M

+21.3% from 2022

Total participants

123

-1.6% from 2022

Average account balance

$423,347

+23.3% from 2022

Annual return

17.44%

+32.92 pp from 2022

Benchmarks

See 28,708 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,708 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$58.54M

Not enough data

1 years with asset history on file

Average account balance

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

$461K

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.

127

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+10.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1450

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 2 by compensation

Provider	Service type	Compensation
WOODTRUST BANK7 years Service code 15 · EIN 39-0720440	Recordkeeping	$153,416
CLIFTONLARSONALLEN LLP1 year Service code 27 · EIN 41-0746749	Advisory (Plan)	$11,865

Plan features & details

Pension benefit codes2E2F2G2J2T

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.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$165K

$1900 / participant

Recordkeeping$2K0.9%
Trustee / custodial$152K91.9%
Other / not subdivided$12K7.2%

% of EOY assets

0.317%

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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: $11,865
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$423,347

$93,598+352.3%

$135,974+211.3%

$75,173+463.2%

Participation rate

100.0%

75.2%+24.8pp

81.9%+18.1pp

67.2%+32.8pp

Annual return

17.44%

30.89%-13.4pp

68.30%-50.9pp

160.72%-143.3pp

Employer contribution / active EE

$20,463

$3,538+478.4%

$4,859+321.1%

$2,671+666.1%

Participant deferral / active EE

$9,216

$6,405+43.9%

$7,760+18.8%

$4,126+123.4%

Admin fee / account holder

$1,344

$6,978-80.7%

$10,767-87.5%

$5,651-76.2%

Provider

Service type

Compensation

WOODTRUST BANK7 years

Service code 15 · EIN 39-0720440

Recordkeeping

$153,416

CLIFTONLARSONALLEN LLP1 year

Service code 27 · EIN 41-0746749

Advisory (Plan)

$11,865

RUDER WARE, L.L.S.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RUDER WARE, L.L.S.C. 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