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. (2020) 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 2020

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

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$479K

+24.3% from 2019

Total participants

+5.9% from 2019

Average account balance

$26,623

+17.4% from 2019

Annual return

14.10%

-5.15 pp from 2019

Benchmarks

See 102,091 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,091 peers

Snapshot2020

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

1 tripped

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

$4K

$408 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.936%

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

$26,623

$209,422-87.3%

$178,503-85.1%

$158,982-83.3%

Participation rate

100.0%

86.4%+13.6pp

81.9%+18.1pp

82.0%+18.0pp

Annual return

14.10%

188.81%-174.7pp

151.12%-137.0pp

302.99%-288.9pp

Employer contribution / active EE

$1,783

$5,707-68.8%

$5,011-64.4%

$4,763-62.6%

Participant deferral / active EE

$2,192

$5,955-63.2%

$5,202-57.9%

$5,983-63.4%

Admin fee / account holder

$249

$17,079-98.5%

$13,987-98.2%

$11,252-97.8%

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