Retirement plan

C. ROSS MANAGEMENT 401(K) AND PROFIT SHARING PLAN

Name: C. ROSS MANAGEMENT, LLC - C. ROSS MANAGEMENT 401(K) AND PROFIT SHARING PLAN (2022) Form 5500
Creator: C. ROSS MANAGEMENT, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, C. ROSS MANAGEMENT 401(K) AND PROFIT SHARING PLAN, C. ROSS MANAGEMENT, LLC

C. ROSS MANAGEMENT, LLCEIN 46-4411757Plan #001PY 2022

8369 RIVOLI ROAD, PO BOX 69 - BOLINGBRAKE, GA 31004478-974-0006

Prospect flagsLow returnsLow participationLow assets / participantLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$1.8M

-1.4% from 2021

Total participants

1,753

-6.5% from 2021

Average account balance

$1,265

-1.5% from 2021

Annual return

-19.26%

-30.54 pp from 2021

Benchmarks

See 3,875 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,875 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.73M

Not enough data

1 years with asset history on file

Average account balance

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

$2K

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.

1,218

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.

58.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$589K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$837

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

+10.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE4+ years Service code 64 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping Fees	$22,828
HOWARD, MOORE & MCDUFFIE, PC2 years Filed as: HOWARD MOORE AND MCDUFFIE PC Service code 10 PO BOX 4547 · MACON, GA 312084547	Accounting	$10,500
BENEFIT SOLUTIONS, ETC.4+ years Filed as: BENEFIT SOLUTIONS, ETC. LLC Service code 13 · EIN 81-3186048	Contract Administrator	$7,913
IRON-CO-FID-COMPREHENSIVE4+ years Filed as: IRON-CO-FID-FLEXIBLE ADV FOUNDATION Service code 27 5440 W 110TH STREET · SHAWNEE MISSION, KS 66211	Advisory (Plan)	$697
WITHUMSMITH+BROWN, PC1 year Filed as: SMITH, BROWN & GROOVER, INC Service code 27 4001 VINEVILLE AVE · MACON, GA 312105039	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
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

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$21K

$30 / participant

Investment mgmt$3K13.1%
Contract admin$11K50.3%
Other / not subdivided$8K36.7%

% of EOY assets

1.160%

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: HOWARD, MOORE & MCDUFFIE, P.C.
Auditor EIN: 581484212
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$1,265

$46,332-97.3%

$143,799-99.1%

$64,819-98.0%

Participation rate

52.9%

64.2%-11.4pp

80.3%-27.5pp

71.5%-18.6pp

Annual return

-19.26%

-10.05%-9.2pp

-0.04%-19.2pp

32.84%-52.1pp

Employer contribution / active EE

$1,911-100.0%

$4,952-100.0%

$2,507-100.0%

Participant deferral / active EE

$836

$2,647-68.4%

$5,638-85.2%

$4,311-80.6%

Admin fee / account holder

$15

$154-90.5%

$14,677-99.9%

$188-92.2%

Provider

Service type

Compensation

NATIONWIDE4+ years

Service code 64

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping Fees

$22,828

HOWARD, MOORE & MCDUFFIE, PC2 years

Filed as: HOWARD MOORE AND MCDUFFIE PC

Service code 10

PO BOX 4547 · MACON, GA 312084547

Accounting

$10,500

BENEFIT SOLUTIONS, ETC.4+ years

Filed as: BENEFIT SOLUTIONS, ETC. LLC

Service code 13 · EIN 81-3186048

Contract Administrator

$7,913

IRON-CO-FID-COMPREHENSIVE4+ years

Filed as: IRON-CO-FID-FLEXIBLE ADV FOUNDATION

Service code 27

5440 W 110TH STREET · SHAWNEE MISSION, KS 66211

Advisory (Plan)

$697

WITHUMSMITH+BROWN, PC1 year

Filed as: SMITH, BROWN & GROOVER, INC

Service code 27

4001 VINEVILLE AVE · MACON, GA 312105039

Advisory (Plan)

C. ROSS MANAGEMENT 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

C. ROSS MANAGEMENT 401(K) AND PROFIT SHARING 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