Retirement plan

RGNEXT 401K PLAN

Name: RANGE GENERATION NEXT LLC - RGNEXT 401K PLAN (2024) Form 5500
Creator: RANGE GENERATION NEXT LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RGNEXT 401K PLAN, RANGE GENERATION NEXT LLC

RANGE GENERATION NEXT LLCEIN 46-2685728Plan #001PY 2024

6905 N. WICKHAM RD STE 301 - MELBOURNE, FL 32940321-474-3111

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$112.4M

+18.3% from 2023

Total participants

1,157

-21.6% from 2023

Average account balance

$99,100

+18.3% from 2023

Annual return

15.20%

-3.90 pp from 2023

Benchmarks

See 1,547 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,547 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$112.38M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

1,134

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.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+15.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$86

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 3 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY2 years Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 02-0488491	Advisory (Participants)	$74,018
VOYA RETIREMENT INSURANCE & ANNUITY10+ years Service code 64 · EIN 71-0294708	Recordkeeping Fees	$23,792
MORNINGSTAR9 years Service code 27 · EIN 36-3297908	Advisory (Plan)	$15,482

Plan features & details

Pension benefit codes2E2F2G2J2K

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$98K

$105 / participant

Investment mgmt$74K75.9%
Contract admin$22K22.0%
Other / not subdivided$2K2.1%

% of EOY assets

0.087%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PRICEWATERHOUSECOOPERS LLP
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$99,100

$129,227-23.3%

$184,260-46.2%

$77,736+27.5%

Participation rate

97.5%

87.4%+10.2pp

86.8%+10.7pp

70.6%+27.0pp

Annual return

15.20%

33.24%-18.0pp

28.84%-13.6pp

31.26%-16.1pp

Employer contribution / active EE

$3,751

$4,412-15.0%

$6,427-41.6%

$2,728+37.5%

Participant deferral / active EE

$11,500

$7,307+57.4%

$9,133+25.9%

$4,651+147.3%

Admin fee / account holder

$86

$256-66.3%

$13,898-99.4%

$433-80.1%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY2 years

Filed as: VOYA RETIREMENT ADVISORS, LLC

Service code 26 · EIN 02-0488491

Advisory (Participants)

$74,018

VOYA RETIREMENT INSURANCE & ANNUITY10+ years

Service code 64 · EIN 71-0294708

Recordkeeping Fees

$23,792

MORNINGSTAR9 years

Service code 27 · EIN 36-3297908

Advisory (Plan)

$15,482

RGNEXT 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RGNEXT 401K 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