Retirement plan

RUTTER MILLS, L. L. P. 401(K) COMPARABILITY PROFIT SHARING PLAN

Name: RUTTER MILLS, L.L.P. - RUTTER MILLS, L. L. P. 401(K) COMPARABILITY PROFIT SHARING PLAN (2017) Form 5500
Creator: RUTTER MILLS, L.L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RUTTER MILLS, L. L. P. 401(K) COMPARABILITY PROFIT SHARING PLAN, RUTTER MILLS, L.L.P.

RUTTER MILLS, L.L.P.EIN 54-1311823Plan #001PY 2017

160 W. BRAMBLETON AVENUE - NORFOLK, VA 23510757-622-5000ruttermills.comLinkedIn51-200 employeeslaw practice

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$4.4M

+21.8% from 2016

Total participants

0.0% from 2016

Average account balance

$90,405

+9.4% from 2016

Annual return

22.34%

+13.67 pp from 2016

Benchmarks

See 25,068 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,068 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.99M

Not enough data

1 years with asset history on file

Average account balance

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

$197K

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.

76.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$611K

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

+17.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4298

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 codes2F2G2J3B3D

Plan features

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$308K

$7322 / participant

Other / not subdivided$308K100.0%

% of EOY assets

6.942%

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

$90,405

$85,766+5.4%

$136,297-33.7%

$70,131+28.9%

Participation rate

61.9%

74.2%-12.3pp

81.9%-20.0pp

69.5%-7.6pp

Annual return

22.34%

31.45%-9.1pp

5156.16%-5133.8pp

73.14%-50.8pp

Employer contribution / active EE

$2,129

$2,966-28.2%

$4,696-54.7%

$2,342-9.1%

Participant deferral / active EE

$4,333

$5,051-14.2%

$6,247-30.6%

$3,332+30.1%

Admin fee / account holder

$6,276

$5,420+15.8%

$9,244-32.1%

$4,645+35.1%

RUTTER MILLS, L. L. P. 401(K) COMPARABILITY PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RUTTER MILLS, L. L. P. 401(K) COMPARABILITY 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