Retirement plan

403(B) THRIFT PLAN OF RURAL ENTERPRISE FOR ACCEPTABLE LIVING, INC.

Name: RURAL ENTERPRISE FOR ACCEPTABLE LIVING, INC. - 403(B) THRIFT PLAN OF RURAL ENTERPRISE FOR ACCEPTABLE LIVING, INC. (2019) Form 5500
Creator: RURAL ENTERPRISE FOR ACCEPTABLE LIVING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF RURAL ENTERPRISE FOR ACCEPTABLE LIVING, INC., RURAL ENTERPRISE FOR ACCEPTABLE LIVING, INC.

RURAL ENTERPRISE FOR ACCEPTABLE LIVING, INC.EIN 41-1384352Plan #001PY 2019

109 S 5TH ST STE 700 - MARSHALL, MN 562581298507-532-2221

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$386K

+31.5% from 2018

Total participants

+6.3% from 2018

Average account balance

$22,683

+23.8% from 2018

Annual return

19.25%

+22.51 pp from 2018

Benchmarks

See 104,307 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,307 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$707K

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

169.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49K

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

+12.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3594

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 codes2F2G2T

Plan features

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$6K

$556 / participant

Other / not subdivided$6K100.0%

% of EOY assets

1.587%

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

$22,683

$202,342-88.8%

$172,752-86.9%

$152,897-85.2%

Participation rate

100.0%

87.1%+12.9pp

82.6%+17.4pp

82.5%+17.5pp

Annual return

19.25%

1029.83%-1010.6pp

802.97%-783.7pp

345.43%-326.2pp

Employer contribution / active EE

$1,539

$5,858-73.7%

$5,144-70.1%

$4,764-67.7%

Participant deferral / active EE

$2,290

$5,948-61.5%

$5,198-55.9%

$5,851-60.9%

Admin fee / account holder

$360

$17,111-97.9%

$13,955-97.4%

$11,599-96.9%

403(B) THRIFT PLAN OF RURAL ENTERPRISE FOR ACCEPTABLE LIVING, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF RURAL ENTERPRISE FOR ACCEPTABLE LIVING, INC.

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