Retirement plan

RGNEXT 401(K) PLAN

Name: RANGE GENERATION NEXT LLC - RGNEXT 401(K) PLAN (2017) Form 5500
Creator: RANGE GENERATION NEXT LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RGNEXT 401(K) PLAN, RANGE GENERATION NEXT LLC

RANGE GENERATION NEXT LLCEIN 46-2685728Plan #001PY 2017

22265 PACIFIC BLVD - DULLES, VA 20166571-250-1668

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$31M

+36.2% from 2016

Total participants

960

+14.3% from 2016

Average account balance

$44,437

+17.0% from 2016

Annual return

19.40%

-1.27 pp from 2016

Benchmarks

See 1,453 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,453 peers

Snapshot2017

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 & ANNUITY3+ years Service code 26 · EIN 71-0294708	Advisory (Participants)	$18,441
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANGEMENT Service code 26 · EIN 36-4317381	Advisory (Participants)	$8,142
MORNINGSTAR2 years Service code 27	Advisory (Plan)	$6,071

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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$27K

$29 / participant

Other / not subdivided$27K100.0%

% of EOY assets

0.086%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,437

$81,537-45.5%

$149,716-70.3%

$69,631-36.2%

Participation rate

70.9%

86.1%-15.2pp

87.1%-16.2pp

70.7%+0.2pp

Annual return

19.40%

22.79%-3.4pp

1501.67%-1482.3pp

27571.02%-27551.6pp

Employer contribution / active EE

$2,028

$3,239-37.4%

$5,444-62.7%

$2,032-0.2%

Participant deferral / active EE

$5,521

$4,994+10.6%

$6,568-15.9%

$3,224+71.3%

Admin fee / account holder

$38

$107-64.3%

$11,282-99.7%

$110-65.5%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY3+ years

Service code 26 · EIN 71-0294708

Advisory (Participants)

$18,441

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMENT MANGEMENT

Service code 26 · EIN 36-4317381

Advisory (Participants)

$8,142

MORNINGSTAR2 years

Service code 27

Advisory (Plan)

$6,071

RGNEXT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RGNEXT 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