Retirement plan

MAGNOLIA SALARY DEFERRAL PLAN

Name: RAWL SALES & PROCESSING CO. - MAGNOLIA SALARY DEFERRAL PLAN (2024) 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 2024

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

Other plans on this EIN

1 filing

#003Retirement-$313K assets

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$107K

+22.9% from 2023

Total participants

0.0% from 2023

Average account balance

$17,899

+22.9% from 2023

Annual return

22.95%

-9.75 pp from 2023

Benchmarks

See 1,586 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants<25

Cohort1,586 peers

Snapshot2024

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

$17,899

$210,908-91.5%

$153,643-88.4%

$145,884-87.7%

Participation rate

0.0%

82.1%-82.1pp

77.1%-77.1pp

80.3%-80.3pp

Annual return

22.95%

13.46%+9.5pp

15.71%+7.2pp

551.85%-528.9pp

Employer contribution / active EE

$6,055-100.0%

$5,039-100.0%

$4,662-100.0%

Participant deferral / active EE

$7,976-100.0%

$6,754-100.0%

$6,690-100.0%

Admin fee / account holder

$19,477-100.0%

$12,739-100.0%

$13,392-100.0%

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