Retirement plan

RMC RESEARCH CORPORATION RETIREMENT PLAN

Name: RMC RESEARCH CORPORATION - RMC RESEARCH CORPORATION RETIREMENT PLAN (2020) Form 5500
Creator: RMC RESEARCH CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RMC RESEARCH CORPORATION RETIREMENT PLAN, RMC RESEARCH CORPORATION

RMC RESEARCH CORPORATIONEIN 52-0819071Plan #001PY 2020

1000 MARKET STREET - PORTSMOUTH, NH 03801703-558-4800rmcresearchcorporation.comLinkedIn51-200 employeesresearch

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$14.8M

+13.1% from 2019

Total participants

101

-9.8% from 2019

Average account balance

$178,799

+28.0% from 2019

Annual return

15.75%

-5.69 pp from 2019

Benchmarks

See 3,932 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,932 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.98M

Not enough data

1 years with asset history on file

Average account balance

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

$175K

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.

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.

109.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$475K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26809

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

0 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
WELLS FARGO BANK, N.A.6+ years Filed as: WELLS FARGO ADVISORS, LLC Service code 55	Other Commissions	$30,214
SWERDLIN & COMPANY6+ years Filed as: SWERDLIN NORTHEAST, LLC Service code 13 5901 PEACHTREE DUNWOODY RD · ATLANTA, GA 30328	Contract Administrator	$5,000
WELLS FARGO BANK, N.A.6+ years Filed as: WELLS FARGO ADVISORS LLC Service code 55 3 WACH CTR 401 S TYRON ST 11TH FL · CHARLOTTE, NC 28288	Other Commissions	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D2T

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.
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

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

$390

$6 / participant

Contract admin$390100.0%

% of EOY assets

0.003%

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: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$178,799

$49,239+263.1%

$70,462+153.8%

$79,858+123.9%

Participation rate

72.7%

69.2%+3.6pp

75.1%-2.3pp

69.6%+3.1pp

Annual return

15.75%

30.08%-14.3pp

109.08%-93.3pp

31.72%-16.0pp

Employer contribution / active EE

$1,656

$2,100-21.2%

$2,737-39.5%

$2,471-33.0%

Participant deferral / active EE

$6,450

$2,769+132.9%

$3,710+73.9%

$3,740+72.5%

Admin fee / account holder

$2,876-99.8%

$3,845-99.9%

$5,306-99.9%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.6+ years

Filed as: WELLS FARGO ADVISORS, LLC

Service code 55

Other Commissions

$30,214

SWERDLIN & COMPANY6+ years

Filed as: SWERDLIN NORTHEAST, LLC

Service code 13

5901 PEACHTREE DUNWOODY RD · ATLANTA, GA 30328

Contract Administrator

$5,000

WELLS FARGO BANK, N.A.6+ years

Filed as: WELLS FARGO ADVISORS LLC

Service code 55

3 WACH CTR 401 S TYRON ST 11TH FL · CHARLOTTE, NC 28288

Other Commissions

RMC RESEARCH CORPORATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RMC RESEARCH CORPORATION RETIREMENT 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