Retirement plan

RUDD EQUIPMENT COMPANY, INC. RESTATED EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Name: RUDD EQUIPMENT COMPANY, INC. - RUDD EQUIPMENT COMPANY, INC. RESTATED EMPLOYEES' PROFIT SHARING PLAN AND TRUST (2019) Form 5500
Creator: RUDD EQUIPMENT COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RUDD EQUIPMENT COMPANY, INC. RESTATED EMPLOYEES' PROFIT SHARING PLAN AND TRUST, RUDD EQUIPMENT COMPANY, INC.

RUDD EQUIPMENT COMPANY, INC.EIN 61-0445955Plan #002PY 2019

4344 POPLAR LEVEL ROAD - LOUISVILLE, KY 40213502-456-0227ruddequipment.comLinkedIn201-500 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$27.3M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$49.1M

+21.0% from 2018

Total participants

400

+3.1% from 2018

Average account balance

$126,211

+18.8% from 2018

Annual return

21.22%

+25.97 pp from 2018

Benchmarks

See 1,313 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,313 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$62.29M

Not enough data

1 years with asset history on file

Average account balance

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

$182K

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.

343

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.

99.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.99M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+12.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$196

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

1 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
PNC BANK, N.A.5+ years Service code 28 · EIN 22-1146430	Investment Management	$3,896
NEWPORT GROUP, INC.1 year Service code 15 · EIN 27-2037969	Recordkeeping	$0
PNC BANK, N.A.5+ years Filed as: PNC BANK, NATIONAL ASSOCIATION Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2G2J2K2S2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$8K

$28 / participant

Investment mgmt$8K100.0%

% of EOY assets

0.016%

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: MCM CPAS & ADVISORS LLP
Auditor EIN: 271235639
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$126,211

$69,159+82.5%

$125,195+0.8%

$67,582+86.8%

Participation rate

96.2%

78.2%+18.0pp

79.8%+16.4pp

71.3%+24.9pp

Annual return

21.22%

27.12%-5.9pp

43.79%-22.6pp

378.57%-357.4pp

Employer contribution / active EE

$3,468

$2,023+71.4%

$3,866-10.3%

$2,148+61.5%

Participant deferral / active EE

$5,871

$3,700+58.7%

$4,937+18.9%

$3,539+65.9%

Admin fee / account holder

$20

$142-85.6%

$9,704-99.8%

$142-85.7%

Provider

Service type

Compensation

PNC BANK, N.A.5+ years

Service code 28 · EIN 22-1146430

Investment Management

$3,896

NEWPORT GROUP, INC.1 year

Service code 15 · EIN 27-2037969

Recordkeeping

PNC BANK, N.A.5+ years

Filed as: PNC BANK, NATIONAL ASSOCIATION

Service code 59

Shareholder Servicing

RUDD EQUIPMENT COMPANY, INC. RESTATED EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RUDD EQUIPMENT COMPANY, INC. RESTATED EMPLOYEES' PROFIT SHARING PLAN AND TRUST

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