Retirement plan

THE RAMKOTA COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Name: THE RAMKOTA COMPANIES, INC. - THE RAMKOTA COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST (2018) Form 5500
Creator: THE RAMKOTA COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE RAMKOTA COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST, THE RAMKOTA COMPANIES, INC.

THE RAMKOTA COMPANIES, INC.EIN 46-0282107Plan #003PY 2018

3211 W SENCORE DR. - SIOUX FALLS, SD 57107605-965-1467ramkotacompanies.comLinkedIn11-50 employeeshospitality

Prospect flagsLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$12.6M

+9.6% from 2017

Total participants

171

+24.8% from 2017

Average account balance

$73,681

-21.2% from 2017

Annual return

9.33%

+9.33 pp from 2017

Benchmarks

See 864 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort864 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$41.78M

Not enough data

1 years with asset history on file

Average account balance

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

$192K

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.

218

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$692K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+6.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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 codes2I2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: EIDE BAILLY
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,681

$28,109+162.1%

$71,089+3.6%

$56,289+30.9%

Participation rate

100.0%

40.4%+59.6pp

54.6%+45.4pp

69.9%+30.1pp

Annual return

9.33%

-615.05%+624.4pp

650.65%-641.3pp

-9.96%+19.3pp

Employer contribution / active EE

$201

$558-63.9%

$1,088-81.5%

$2,111-90.5%

Participant deferral / active EE

$1,116-100.0%

$1,873-100.0%

$3,350-100.0%

Admin fee / account holder

$585-100.0%

$3,082-100.0%

$521-100.0%

THE RAMKOTA COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE RAMKOTA COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

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