Retirement plan

R.J. BANKS 7 COMPANY, INC. 401(K) PROFIT SHARING PLAN

Name: R.J. BANKS & COMPANY, INC. - R.J. BANKS 7 COMPANY, INC. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: R.J. BANKS & COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, R.J. BANKS 7 COMPANY, INC. 401(K) PROFIT SHARING PLAN, R.J. BANKS & COMPANY, INC.

R.J. BANKS & COMPANY, INC.EIN 54-0933372Plan #002PY 2018

6715 WHITTIER AVE 3RD FL - MCLEAN, VA 221014527703-748-9600LinkedIn1-10 employeesconsumer goods

Other plans on this EIN

1 filing

#001Retirement--

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$1.1M

+2.6% from 2017

Total participants

+50.0% from 2017

Average account balance

$366,051

-31.6% from 2017

Annual return

-5.59%

-32.00 pp from 2017

Benchmarks

See 22,375 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,375 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.92M

Not enough data

1 years with asset history on file

Average account balance

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

$784K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$19K

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

+18.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$366,051

$135,639+169.9%

$110,241+232.0%

$135,377+170.4%

Participation rate

100.0%

83.5%+16.5pp

79.8%+20.2pp

82.6%+17.4pp

Annual return

-5.59%

513.21%-518.8pp

314.75%-320.3pp

519.75%-525.3pp

Employer contribution / active EE

$12,752

$4,907+159.9%

$3,827+233.3%

$4,779+166.9%

Participant deferral / active EE

$16,333

$5,507+196.6%

$4,672+249.6%

$5,609+191.2%

Admin fee / account holder

$11,457-100.0%

$8,548-100.0%

$10,828-100.0%

R.J. BANKS 7 COMPANY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

R.J. BANKS 7 COMPANY, 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