Retirement plan

HAUNI RICHMOND INC SAVINGS INCENTIVE PLAN

Name: HAUNI RICHMOND INC - HAUNI RICHMOND INC SAVINGS INCENTIVE PLAN (2019) Form 5500
Creator: HAUNI RICHMOND INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HAUNI RICHMOND INC SAVINGS INCENTIVE PLAN, HAUNI RICHMOND INC

HAUNI RICHMOND INCEIN 54-1733108Plan #002PY 2019

2800 CHARLES CITY RD - RICHMOND, VA 232314532804-236-5224

Other plans on this EIN

1 filing

#001Retirement-$33.6M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$20.7M

+21.7% from 2018

Total participants

173

+8.1% from 2018

Average account balance

$119,795

+12.5% from 2018

Annual return

21.41%

+26.83 pp from 2018

Benchmarks

See 2,363 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,363 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.99M

Not enough data

1 years with asset history on file

Average account balance

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

$151K

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.

159

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.

84.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$460

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
CAP FINANCIAL PARTNERS, LLC2 years Filed as: CAP FINANCIAL PARTNERS Service code 27 · EIN 26-0058143	Advisory (Plan)	$36,563
PRUDENTIAL RETIREMENT INSURANCE AND5+ years Service code 13 · EIN 06-1050034	Contract Administrator	$3,322
PRUDENTIAL RETIREMENT INSURANCE AND4 years Filed as: THE PRUDENTIAL INSURANCE COMPANY OF Service code 15	Recordkeeping	$0

Plan features & details

Pension benefit codes2G2J2E3D2T

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.
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.

Expense breakdown

Schedule H Part II

Admin total

$40K

$289 / participant

Other / not subdivided$40K100.0%

% of EOY assets

0.194%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MITCHELL, WIGGINS & COMPANY ,LLP
Auditor EIN: 540565834
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$119,795

$86,341+38.7%

$125,192-4.3%

$65,185+83.8%

Participation rate

100.0%

75.3%+24.7pp

79.8%+20.2pp

70.2%+29.8pp

Annual return

21.41%

27.44%-6.0pp

43.79%-22.4pp

29.38%-8.0pp

Employer contribution / active EE

$3,941

$2,040+93.2%

$3,866+1.9%

$2,177+81.0%

Participant deferral / active EE

$6,428

$3,538+81.7%

$4,937+30.2%

$3,514+82.9%

Admin fee / account holder

$232

$609-61.9%

$9,704-97.6%

$847-72.6%

Provider

Service type

Compensation

CAP FINANCIAL PARTNERS, LLC2 years

Filed as: CAP FINANCIAL PARTNERS

Service code 27 · EIN 26-0058143

Advisory (Plan)

$36,563

PRUDENTIAL RETIREMENT INSURANCE AND5+ years

Service code 13 · EIN 06-1050034

Contract Administrator

$3,322

PRUDENTIAL RETIREMENT INSURANCE AND4 years

Filed as: THE PRUDENTIAL INSURANCE COMPANY OF

Service code 15

Recordkeeping

HAUNI RICHMOND INC SAVINGS INCENTIVE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HAUNI RICHMOND INC SAVINGS INCENTIVE 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