Retirement plan

RIGHT HUMAN RESOURCE CONSULTANTS, INC. ET AL 401(K) PLAN

Name: RIGHT HUMAN RESOURCE CONSULTANTS, INC. - RIGHT HUMAN RESOURCE CONSULTANTS, INC. ET AL 401(K) PLAN (2020) Form 5500
Creator: RIGHT HUMAN RESOURCE CONSULTANTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RIGHT HUMAN RESOURCE CONSULTANTS, INC. ET AL 401(K) PLAN, RIGHT HUMAN RESOURCE CONSULTANTS, INC.

RIGHT HUMAN RESOURCE CONSULTANTS, INC.EIN 59-2253065Plan #004PY 2020

1301 E BROWARD BLVD, STE 200 - FORT LAUDERDALE, FL 333012111954-334-2510LinkedIn11-50 employeesmanagement consulting

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.3M

+25.3% from 2019

Total participants

-6.4% from 2019

Average account balance

$165,159

+13.5% from 2019

Annual return

20.59%

-11.80 pp from 2019

Benchmarks

See 26,426 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,426 peers

Snapshot2020

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$7.48M

Not enough data

1 years with asset history on file

Average account balance

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

$340K

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.

61.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$185K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$57605

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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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 codes2F2G2J2T3D

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.
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

1 tripped

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

$82K

$1903 / participant

Other / not subdivided$82K100.0%

% of EOY assets

1.548%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$165,159

$98,750+67.3%

$149,696+10.3%

$79,858+106.8%

Participation rate

72.1%

75.8%-3.7pp

82.5%-10.4pp

69.6%+2.5pp

Annual return

20.59%

27.43%-6.8pp

276.60%-256.0pp

31.71%-11.1pp

Employer contribution / active EE

$3,216-100.0%

$4,644-100.0%

$2,471-100.0%

Participant deferral / active EE

$6,003

$5,680+5.7%

$6,842-12.3%

$3,740+60.5%

Admin fee / account holder

$2,557

$6,053-57.7%

$9,309-72.5%

$5,306-51.8%

RIGHT HUMAN RESOURCE CONSULTANTS, INC. ET AL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RIGHT HUMAN RESOURCE CONSULTANTS, INC. ET AL 401(K) 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