Retirement plan

RP PROFESSIONAL SERVICES 401(K) PLAN

Name: RP PROFESSIONAL SERVICES, LLC - RP PROFESSIONAL SERVICES 401(K) PLAN (2024) Form 5500
Creator: RP PROFESSIONAL SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RP PROFESSIONAL SERVICES 401(K) PLAN, RP PROFESSIONAL SERVICES, LLC

RP PROFESSIONAL SERVICES, LLCEIN 45-3515783Plan #001PY 2024

44927 GEORGE WASHINGTON BOULEVARD - ASHBURN, VA 201474295703-400-7915rpproservices.comLinkedIn51-200 employeesinformation technology and services

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$3.2M

+25.1% from 2023

Total participants

191

-26.0% from 2023

Average account balance

$18,245

+45.7% from 2023

Annual return

25.98%

-3.80 pp from 2023

Benchmarks

See 6,278 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,278 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.23M

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

177

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.

89.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+25.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$271

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 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY2 years Service code 13 · EIN 42-0127290	Contract Administrator	$47,965
SIGNATURE ESTATE SECURITIES INC1 year Filed as: SIGNATURE ESTATE SECURITIES, LLC Service code 49 · EIN 59-2730348	Other Services	$9,226

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

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

$48K

$363 / participant

Contract admin$48K100.0%

% of EOY assets

1.485%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CST GROUP, CPAS, PC
Auditor EIN: 541019610
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,245

$101,672-82.1%

$147,117-87.6%

$74,478-75.5%

Participation rate

89.4%

75.5%+13.8pp

82.2%+7.2pp

67.2%+22.2pp

Annual return

25.98%

8757.83%-8731.8pp

420.54%-394.6pp

1370.56%-1344.6pp

Employer contribution / active EE

$3,965

$3,813+4.0%

$4,932-19.6%

$2,626+51.0%

Participant deferral / active EE

$5,254

$7,305-28.1%

$8,065-34.9%

$4,350+20.8%

Admin fee / account holder

$271

$1,753-84.5%

$12,993-97.9%

$1,946-86.1%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2 years

Service code 13 · EIN 42-0127290

Contract Administrator

$47,965

SIGNATURE ESTATE SECURITIES INC1 year

Filed as: SIGNATURE ESTATE SECURITIES, LLC

Service code 49 · EIN 59-2730348

Other Services

$9,226

RP PROFESSIONAL SERVICES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RP PROFESSIONAL SERVICES 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