Retirement plan

RICOH PUERTO RICO SAVINGS PLAN RICO SAVINGS PLAN

Name: RICOH PUERTO RICO, INC. - RICOH PUERTO RICO SAVINGS PLAN RICO SAVINGS PLAN (2019) Form 5500
Creator: RICOH PUERTO RICO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RICOH PUERTO RICO SAVINGS PLAN RICO SAVINGS PLAN, RICOH PUERTO RICO, INC.

RICOH PUERTO RICO, INC.EIN 66-0498006Plan #001PY 2019

PO BOX 2110 - CAROLINA, PR 00984787-641-4690

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$18M

+29.3% from 2018

Total participants

213

+0.9% from 2018

Average account balance

$86,013

+28.7% from 2018

Annual return

22.82%

+28.59 pp from 2018

Benchmarks

See 1,705 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,705 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.59M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

230

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.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29

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

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 codes2E2F2G2T3C

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).
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.
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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$3K

$16 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.015%

all-in expense ratio

Categories reported

0 / 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: GARCIA WARNER & TORRES CPA, PSC
Auditor EIN: 660748146
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,013

$51,620+66.6%

$90,304-4.8%

$65,185+32.0%

Participation rate

97.7%

68.6%+29.0pp

73.3%+24.4pp

70.2%+27.5pp

Annual return

22.82%

24.94%-2.1pp

78.13%-55.3pp

29.38%-6.6pp

Employer contribution / active EE

$2,591

$2,235+16.0%

$2,855-9.2%

$2,177+19.1%

Participant deferral / active EE

$4,273

$2,871+48.8%

$3,885+10.0%

$3,514+21.6%

Admin fee / account holder

$13

$384-96.6%

$5,354-99.8%

$847-98.5%

RICOH PUERTO RICO SAVINGS PLAN RICO SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RICOH PUERTO RICO SAVINGS PLAN RICO 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