Retirement plan

RESOURCE EXCHANGE INTERNATIONAL, INC. 403(B) RETIREMENT PLAN

Name: RESOURCE EXCHANGE INTERNATIONAL, IN . - RESOURCE EXCHANGE INTERNATIONAL, INC. 403(B) RETIREMENT PLAN (2020) Form 5500
Creator: RESOURCE EXCHANGE INTERNATIONAL, IN .
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RESOURCE EXCHANGE INTERNATIONAL, INC. 403(B) RETIREMENT PLAN, RESOURCE EXCHANGE INTERNATIONAL, IN .

RESOURCE EXCHANGE INTERNATIONAL, IN .EIN 59-3043334Plan #001PY 2020

5527 NORTH UNION BOULEVARD, SUITE 200 - COLORADO SPRINGS, CO 80918719-598-0559

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$228K

+160.1% from 2019

Total participants

-14.8% from 2019

Average account balance

$11,995

+132.8% from 2019

Annual return

42.86%

+42.86 pp from 2019

Benchmarks

See 36,205 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,205 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$870K

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$101K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+15.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4370

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 codes2F2G2M2T

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$3K

$139 / participant

Other / not subdivided$3K100.0%

% of EOY assets

1.223%

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: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,995

$100,911-88.1%

$90,440-86.7%

$158,966-92.5%

Participation rate

80.0%

75.0%+5.0pp

72.7%+7.3pp

82.0%-2.0pp

Annual return

42.86%

1726.62%-1683.8pp

1294.38%-1251.5pp

302.95%-260.1pp

Employer contribution / active EE

$1,286

$3,690-65.2%

$3,263-60.6%

$4,762-73.0%

Participant deferral / active EE

$3,852

$4,348-11.4%

$3,964-2.8%

$5,983-35.6%

Admin fee / account holder

$147

$6,507-97.7%

$5,615-97.4%

$11,250-98.7%

RESOURCE EXCHANGE INTERNATIONAL, INC. 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RESOURCE EXCHANGE INTERNATIONAL, INC. 403(B) 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