Retirement plan

RESPONSE TECH, INC. 401(K) PROFIT SHARING PLAN

Name: RESPONSE TECH, INC. - RESPONSE TECH, INC. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: RESPONSE TECH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RESPONSE TECH, INC. 401(K) PROFIT SHARING PLAN, RESPONSE TECH, INC.

RESPONSE TECH, INC.EIN 41-2083556Plan #001PY 2018

11821 PARKLAWN DRIVE, SUITE 304 - ROCKVILLE, MD 20852301-801-1116

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$593K

+15.5% from 2017

Total participants

+10.0% from 2017

Average account balance

$59,286

+4.0% from 2017

Annual return

-3.37%

-3.37 pp from 2017

Benchmarks

See 12,593 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort12,593 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.84M

Not enough data

1 years with asset history on file

Average account balance

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

$184K

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.

71.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$105K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4283

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 codes2E2F2J2T3D

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).
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$59,286

$95,188-37.7%

$76,518-22.5%

$135,380-56.2%

Participation rate

88.9%

74.4%+14.5pp

68.0%+20.9pp

82.6%+6.2pp

Annual return

-3.37%

4.85%-8.2pp

-0.27%-3.1pp

519.81%-523.2pp

Employer contribution / active EE

$3,111

$3,303-5.8%

$2,647+17.5%

$4,779-34.9%

Participant deferral / active EE

$7,651

$4,640+64.9%

$3,836+99.5%

$5,609+36.4%

Admin fee / account holder

$6,249-100.0%

$4,849-100.0%

$10,828-100.0%

RESPONSE TECH, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

RESPONSE TECH, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion