Retirement plan

ROCKFORD MANUFACTURING COMPANY SAVINGS PLAN

Name: ROCKFORD MANUFACTURING COMPANY - ROCKFORD MANUFACTURING COMPANY SAVINGS PLAN (2015) Form 5500
Creator: ROCKFORD MANUFACTURING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROCKFORD MANUFACTURING COMPANY SAVINGS PLAN, ROCKFORD MANUFACTURING COMPANY

ROCKFORD MANUFACTURING COMPANYEIN 62-0342620Plan #001PY 2015

3901 LITTLE RIVER ROAD - ROCKFORD, TN 378533305865-970-3131LinkedIn1-10 employeesaviation & aerospace

Prospect flagsHigh feesHigh cash

How to read this page

Total assets (EOY)

$13.6M

No prior year

Total participants

170

No prior year

Average account balance

$80,776

No prior year

Annual return

-1.51%

No prior year

Benchmarks

See 3,906 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort3,906 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.65M

Not enough data

1 years with asset history on file

Average account balance

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

$146K

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.

128

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.

98.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$844K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+8.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$717

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 4 by compensation

Provider	Service type	Compensation
BUCKINGHAM STRATEGIC PARTNERS1+ years Filed as: BUCKINGHAM ASSET MANAGMENT Service code 26 · EIN 16-1728260	Advisory (Participants)	$66,092
EPIC RETIREMENT PLAN SERVICES1+ years Filed as: KASSOUF RETIREMENT PLAN Service code 15 · EIN 63-1239553	Recordkeeping	$15,155
WITHUMSMITH+BROWN, PC1+ years Filed as: ROBERT A BROWN Service code 16	Consulting	$5,200
TD AMERITRADE, INC.1+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 18 · EIN 20-0937408	Custodial (securities); Trustee (dire...	$4,544

Plan features & details

Pension benefit codes2E2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$92K

$601 / participant

Investment mgmt$66K71.6%
Contract admin$21K22.8%
Other / not subdivided$5K5.6%

% of EOY assets

0.682%

all-in expense ratio

Categories reported

2 / 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: ROBERT A BROWN, CPA
Auditor EIN: 621613402
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,776

$54,320+48.7%

$67,652+19.4%

$52,331+54.4%

Participation rate

98.7%

73.6%+25.1pp

75.7%+23.0pp

68.1%+30.6pp

Annual return

-1.51%

6.81%-8.3pp

6625.40%-6626.9pp

4.54%-6.0pp

Employer contribution / active EE

$3,224

$1,544+108.8%

$2,266+42.3%

$1,882+71.3%

Participant deferral / active EE

$1,762

$2,950-40.3%

$3,560-50.5%

$3,022-41.7%

Admin fee / account holder

$551

$527+4.5%

$4,821-88.6%

$592-6.9%

Provider

Service type

Compensation

BUCKINGHAM STRATEGIC PARTNERS1+ years

Filed as: BUCKINGHAM ASSET MANAGMENT

Service code 26 · EIN 16-1728260

Advisory (Participants)

$66,092

EPIC RETIREMENT PLAN SERVICES1+ years

Filed as: KASSOUF RETIREMENT PLAN

Service code 15 · EIN 63-1239553

Recordkeeping

$15,155

WITHUMSMITH+BROWN, PC1+ years

Filed as: ROBERT A BROWN

Service code 16

Consulting

$5,200

TD AMERITRADE, INC.1+ years

Filed as: TD AMERITRADE TRUST COMPANY

Service code 18 · EIN 20-0937408

Custodial (securities); Trustee (dire...

$4,544

ROCKFORD MANUFACTURING COMPANY SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROCKFORD MANUFACTURING COMPANY SAVINGS 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