Retirement plan

RANCH AND HOME SUPPLY, LLC 401(K) PLAN

Name: RANCH AND HOME SUPPLY, LLC - RANCH AND HOME SUPPLY, LLC 401(K) PLAN (2022) Form 5500
Creator: RANCH AND HOME SUPPLY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RANCH AND HOME SUPPLY, LLC 401(K) PLAN, RANCH AND HOME SUPPLY, LLC

RANCH AND HOME SUPPLY, LLCEIN 72-1542483Plan #001PY 2022

1165 N 14TH ST, SUITE 4, OFFICE A - BOZEMAN, MT 59715406-587-5846

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$28.1M

-10.7% from 2021

Total participants

1,722

+93.7% from 2021

Average account balance

$88,431

+146.6% from 2021

Annual return

-16.75%

-28.96 pp from 2021

Benchmarks

See 99 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort99 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$40.85M

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

1,966

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.

83.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.70M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$147

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 5 by compensation

Provider	Service type	Compensation
LPL FINANCIAL8+ years Filed as: LPL FINANCIAL LLC Service code 27 PO BOX 502533 · SAN DIEGO, CA 92150	Advisory (Plan)	$84,274
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 OF AMERICA · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$77,777
UNITED PENSION ADMINISTRATION8+ years Service code 13 3495 PARKWAY AVE · BOZEMAN, MT 59718	Contract Administrator	$16,816
LEAFHOUSE FINANCIAL ADVISORS, LLC7 years Service code 27 6011 WEST COURTYARD DR · AUSTIN, TX 78730	Advisory (Plan)	$15,006
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$7,870

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$197K

$142 / participant

Other / not subdivided$197K100.0%

% of EOY assets

0.700%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: EIDE BAILLY
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$88,431

$45,959+92.4%

$91,227-3.1%

$77,906+13.5%

Participation rate

0.0%

66.3%-66.3pp

73.2%-73.2pp

73.7%-73.7pp

Annual return

-16.75%

-5.32%-11.4pp

114.14%-130.9pp

12.16%-28.9pp

Employer contribution / active EE

$992

$1,451-31.6%

$2,851-65.2%

$2,846-65.2%

Participant deferral / active EE

$2,004

$3,283-38.9%

$4,234-52.7%

$4,805-58.3%

Admin fee / account holder

$619

$99+526.9%

$5,423-88.6%

$133+366.8%

Provider

Service type

Compensation

LPL FINANCIAL8+ years

Filed as: LPL FINANCIAL LLC

Service code 27

PO BOX 502533 · SAN DIEGO, CA 92150

Advisory (Plan)

$84,274

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

OF AMERICA · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$77,777

UNITED PENSION ADMINISTRATION8+ years

Service code 13

3495 PARKWAY AVE · BOZEMAN, MT 59718

Contract Administrator

$16,816

LEAFHOUSE FINANCIAL ADVISORS, LLC7 years

Service code 27

6011 WEST COURTYARD DR · AUSTIN, TX 78730

Advisory (Plan)

$15,006

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$7,870

RANCH AND HOME SUPPLY, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RANCH AND HOME SUPPLY, LLC 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