Retirement plan

R.T. FOX CONTRACTORS, INC. 401(K) PLAN

Name: R.T. FOX CONTRACTORS, INC. - R.T. FOX CONTRACTORS, INC. 401(K) PLAN (2021) Form 5500
Creator: R.T. FOX CONTRACTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, R.T. FOX CONTRACTORS, INC. 401(K) PLAN, R.T. FOX CONTRACTORS, INC.

R.T. FOX CONTRACTORS, INC.EIN 39-1161433Plan #001PY 2021

5628 CO HWY M P.O. BOX 331 - EDGERTON, WI 53534608-884-8734LinkedIn11-50 employeesutilities

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$11.3M

+10.3% from 2020

Total participants

+5.6% from 2020

Average account balance

$592,890

+4.5% from 2020

Annual return

16.60%

-3.12 pp from 2020

Benchmarks

See 1,525 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,525 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.61M

Not enough data

1 years with asset history on file

Average account balance

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

$726K

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.

106.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$282K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+14.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5329

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 codes2E2F2G2J2T3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

2 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$872K

$62269 / participant

Other / not subdivided$872K100.0%

% of EOY assets

7.739%

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

$592,890

$114,237+419.0%

$119,258+397.2%

$167,518+253.9%

Participation rate

100.0%

83.7%+16.3pp

82.7%+17.3pp

82.1%+17.9pp

Annual return

16.60%

29.87%-13.3pp

30.69%-14.1pp

478.71%-462.1pp

Employer contribution / active EE

$5,015

$4,481+11.9%

$4,384+14.4%

$4,838+3.7%

Participant deferral / active EE

$9,454

$6,084+55.4%

$6,111+54.7%

$6,342+49.1%

Admin fee / account holder

$45,883

$8,932+413.7%

$7,226+535.0%

$12,312+272.7%

R.T. FOX CONTRACTORS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

R.T. FOX CONTRACTORS, INC. 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