Retirement plan

MAGNOLIA SALARY DEFERRAL PLAN

Name: RAWL SALES & PROCESSING CO. - MAGNOLIA SALARY DEFERRAL PLAN (2023) Form 5500
Creator: RAWL SALES & PROCESSING CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAGNOLIA SALARY DEFERRAL PLAN, RAWL SALES & PROCESSING CO.

RAWL SALES & PROCESSING CO.EIN 55-0476477Plan #004PY 2023

340 MARTIN LUTHER KING JR. BLVD. - BRISTOL, TN 37620423-573-0351

Other plans on this EIN

1 filing

#003Retirement-$304K assets

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$87K

+32.7% from 2022

Total participants

0.0% from 2022

Average account balance

$14,558

+32.7% from 2022

Annual return

32.70%

+65.31 pp from 2022

Benchmarks

See 1,610 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants<25

Cohort1,610 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$107K

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+22.95%

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 codes2E2G2J3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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

$14,558

$192,829-92.5%

$142,516-89.8%

$139,487-89.6%

Participation rate

0.0%

81.4%-81.4pp

76.8%-76.8pp

80.3%-80.3pp

Annual return

32.70%

18.07%+14.6pp

20.03%+12.7pp

373.84%-341.1pp

Employer contribution / active EE

$5,808-100.0%

$4,849-100.0%

$4,755-100.0%

Participant deferral / active EE

$7,200-100.0%

$6,280-100.0%

$6,713-100.0%

Admin fee / account holder

$15,120-100.0%

$10,008-100.0%

$11,407-100.0%

MAGNOLIA SALARY DEFERRAL PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MAGNOLIA SALARY DEFERRAL 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