Retirement plan

RANDOLPH COMMUNITY SERVICES, INC. RETIREMENT PLAN

Name: RANDOLPH COMMUNITY SERVICES, INC. - RANDOLPH COMMUNITY SERVICES, INC. RETIREMENT PLAN (2016) Form 5500
Creator: RANDOLPH COMMUNITY SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RANDOLPH COMMUNITY SERVICES, INC. RETIREMENT PLAN, RANDOLPH COMMUNITY SERVICES, INC.

RANDOLPH COMMUNITY SERVICES, INC.EIN 56-1244921Plan #002PY 2016

P. O. BOX 1883 - ASHEBORO, NC 27204336-629-5141LinkedIn51-200 employeesmedical practice

Prospect flagsLow returnsLow participant contribution

How to read this page

Total assets (EOY)

$1.5M

No prior year

Total participants

No prior year

Average account balance

$15,788

No prior year

Annual return

2.02%

No prior year

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.13M

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

119.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$99K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+6.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3887

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

Top 3 by compensation

Provider	Service type	Compensation
EPIC RETIREMENT PLAN SERVICES1+ years Filed as: RETIREMENT PLAN SOLUTIONS, INC. Service code 15 · EIN 56-1762637 535 KEISLER DRIVE, SUITE 102 · CARY, NC 27518	Recordkeeping	$7,260
STADION MONEY MANAGEMENT1+ years Filed as: STADION MONEY MGMT, INC Service code 26 · EIN 58-2099805	Advisory (Participants)	$6,730
RIVES & ASSOCIATES1+ years Service code 10 · EIN 20-0427530 P.O. BOX 1991 · LEXINGTON, NC 27293	Accounting	$6,200

Plan features & details

Pension benefit codes2E2F2H2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$21K

$232 / participant

Investment mgmt$21K100.0%

% of EOY assets

1.423%

all-in expense ratio

Categories reported

1 / 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: RIVES & ASSOCIATES, LLP
Auditor EIN: 200427530
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,788

$48,078-67.2%

$78,676-79.9%

$62,881-74.9%

Participation rate

98.9%

65.2%+33.7pp

73.6%+25.3pp

69.3%+29.6pp

Annual return

2.02%

31.36%-29.3pp

62.19%-60.2pp

20.14%-18.1pp

Employer contribution / active EE

$1,346

$2,015-33.2%

$2,850-52.8%

$2,281-41.0%

Participant deferral / active EE

$522

$2,587-79.8%

$3,517-85.1%

$3,203-83.7%

Admin fee / account holder

$225

$3,206-93.0%

$4,510-95.0%

$4,296-94.8%

Provider

Service type

Compensation

EPIC RETIREMENT PLAN SERVICES1+ years

Filed as: RETIREMENT PLAN SOLUTIONS, INC.

Service code 15 · EIN 56-1762637

535 KEISLER DRIVE, SUITE 102 · CARY, NC 27518

Recordkeeping

$7,260

STADION MONEY MANAGEMENT1+ years

Filed as: STADION MONEY MGMT, INC

Service code 26 · EIN 58-2099805

Advisory (Participants)

$6,730

RIVES & ASSOCIATES1+ years

Service code 10 · EIN 20-0427530

P.O. BOX 1991 · LEXINGTON, NC 27293

Accounting

$6,200

RANDOLPH COMMUNITY SERVICES, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RANDOLPH COMMUNITY SERVICES, INC. RETIREMENT 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