Retirement plan

CARPET AND WOOD FLOOR LIQUIDATORS EMPLOYEE STOCK OWNERSHIP PLAN

Name: R&S ENTERPRISES, INC. - CARPET AND WOOD FLOOR LIQUIDATORS EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: R&S ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARPET AND WOOD FLOOR LIQUIDATORS EMPLOYEE STOCK OWNERSHIP PLAN, R&S ENTERPRISES, INC.

R&S ENTERPRISES, INC.EIN 52-1703008Plan #002PY 2023

5601 METRO DR. - BALTIMORE, MD 202153208667-401-9099rsenterprises.co.inLinkedIn1-10 employeesaccounting

Other plans on this EIN

1 filing

#001Retirement-$7.5M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$20.6M

+44.9% from 2022

Total participants

+5.4% from 2022

Average account balance

$349,696

+35.1% from 2022

Annual return

44.28%

-78.44 pp from 2022

Benchmarks

See 9,210 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,210 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.52M

Not enough data

1 years with asset history on file

Average account balance

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

$399K

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.

98.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$235K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+32.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1392

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2I2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$21K

$397 / participant

Other / not subdivided$21K100.0%

% of EOY assets

0.104%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$349,696

$91,536+282.0%

$130,062+168.9%

$75,177+365.2%

Participation rate

100.0%

71.5%+28.5pp

78.5%+21.5pp

67.2%+32.8pp

Annual return

44.28%

-631.62%+675.9pp

-137.37%+181.7pp

160.75%-116.5pp

Employer contribution / active EE

$1,878

$2,845-34.0%

$4,322-56.5%

$2,671-29.7%

Participant deferral / active EE

$4,343-100.0%

$5,821-100.0%

$4,126-100.0%

Admin fee / account holder

$363

$6,780-94.6%

$10,601-96.6%

$5,651-93.6%

CARPET AND WOOD FLOOR LIQUIDATORS EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARPET AND WOOD FLOOR LIQUIDATORS EMPLOYEE STOCK OWNERSHIP 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