Retirement plan

RMF ENGINEERING, INC. 401(K) PROFIT SHARING PLAN

Name: RMF ENGINEERING, INC. - RMF ENGINEERING, INC. 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: RMF ENGINEERING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RMF ENGINEERING, INC. 401(K) PROFIT SHARING PLAN, RMF ENGINEERING, INC.

RMF ENGINEERING, INC.EIN 52-1279953Plan #001PY 2015

5520 RESEARCH PARK DRIVE, SUITE 300 - BALTIMORE, MD 21228410-576-0505rmf.comLinkedIn201-500 employeesdesign

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$26.6M

No prior year

Total participants

277

No prior year

Average account balance

$121,501

No prior year

Annual return

-0.68%

No prior year

Benchmarks

See 4,662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort4,662 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$67.99M

Not enough data

1 years with asset history on file

Average account balance

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

$196K

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.

347

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.

77.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.44M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+18.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$632

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
H BECK INC1+ years Service code 55 11140 RICKVILLE PIKE 4TH FLOOR · ROCKVILLE, MD 20852	Other Commissions	$33,365
CBIZ RETIREMENT PLAN SERVICES1+ years Filed as: CBIZ BENEFITS & INSURANCE SERVICES Service code 13 44 BALTIMORE STREET · CUMBERLAND, MD 21502	Contract Administrator	$4,819
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT WEST LIFE & ANNUITY COMPANY Service code 64 · EIN 84-0467907	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2E2G2J2K3D2F2T

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

0 tripped

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

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WEYRICH, CRONIN & SORRA, CHARTERED
Auditor EIN: 521162023
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$121,501

$70,002+73.6%

$115,038+5.6%

$52,331+132.2%

Participation rate

72.9%

72.1%+0.8pp

81.4%-8.5pp

68.1%+4.8pp

Annual return

-0.68%

4.04%-4.7pp

26.14%-26.8pp

4.54%-5.2pp

Employer contribution / active EE

$3,434

$2,715+26.5%

$4,608-25.5%

$1,882+82.5%

Participant deferral / active EE

$4,892

$4,920-0.6%

$6,026-18.8%

$3,022+61.9%

Admin fee / account holder

$566-100.0%

$8,175-100.0%

$592-100.0%

Provider

Service type

Compensation

H BECK INC1+ years

Service code 55

11140 RICKVILLE PIKE 4TH FLOOR · ROCKVILLE, MD 20852

Other Commissions

$33,365

CBIZ RETIREMENT PLAN SERVICES1+ years

Filed as: CBIZ BENEFITS & INSURANCE SERVICES

Service code 13

44 BALTIMORE STREET · CUMBERLAND, MD 21502

Contract Administrator

$4,819

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT WEST LIFE & ANNUITY COMPANY

Service code 64 · EIN 84-0467907

Recordkeeping Fees

RMF ENGINEERING, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

RMF ENGINEERING, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion