Retirement plan

RMS PROFIT SHARING PLAN

Name: RETAIL MERCHANDISING SERVICES - RMS PROFIT SHARING PLAN (2015) Form 5500
Creator: RETAIL MERCHANDISING SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RMS PROFIT SHARING PLAN, RETAIL MERCHANDISING SERVICES

RETAIL MERCHANDISING SERVICESEIN 41-1514566Plan #002PY 2015

7550 MERIDIAN CIRCLE N, SUITE 120 - MAPLE GROVE, MN 55369763-553-7732rmservicing.comLinkedIn1001-5000 employeesretail

Prospect flagsWind-down / frozen

How to read this page

Total assets (EOY)

$2.9M

No prior year

Total participants

No prior year

Average account balance

$40,696

No prior year

Annual return

-1.14%

No prior year

Benchmarks

See 2,754 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort2,754 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.86M

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

428

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.

86.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$922K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$109

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 1 by compensation

Provider	Service type	Compensation
CUMMINGS, KEEGAN & CO., P.L.L.P.1+ years Service code 10 · EIN 41-1227298	Accounting	$5,000

Plan features & details

Pension benefit codes2A2E2F2G3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$16K

$284 / participant

Other / not subdivided$16K100.0%

% of EOY assets

0.543%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CUMMINGS, KEEGAN & CO., PLLP
Auditor EIN: 411227298
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,696

$52,911-23.1%

$73,309-44.5%

$59,633-31.8%

Participation rate

78.6%

68.2%+10.4pp

74.9%+3.7pp

68.7%+9.9pp

Annual return

-1.14%

12.20%-13.3pp

5.67%-6.8pp

2041.45%-2042.6pp

Employer contribution / active EE

$1,909-100.0%

$3,237-100.0%

$2,203-100.0%

Participant deferral / active EE

$4,069-100.0%

$4,991-100.0%

$3,192-100.0%

Admin fee / account holder

$221

$3,835-94.2%

$5,635-96.1%

$4,297-94.9%

Provider

Service type

Compensation

CUMMINGS, KEEGAN & CO., P.L.L.P.1+ years

Service code 10 · EIN 41-1227298

Accounting

$5,000

RMS PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RMS 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