Retirement plan

RAINMAKER SALES INC. 401(K) PLAN

Name: RAINMAKER SALES INC. - RAINMAKER SALES INC. 401(K) PLAN (2023) Form 5500
Creator: RAINMAKER SALES INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RAINMAKER SALES INC. 401(K) PLAN, RAINMAKER SALES INC.

RAINMAKER SALES INC.EIN 73-1569084Plan #002PY 2023

7251 HIGHWAY 177 - SHAWNEE, OK 748040623405-964-7575rainmakersales.comLinkedIn11-50 employeesplastics

Other plans on this EIN

1 filing

#001Retirement-$6.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.6M

+36.0% from 2022

Total participants

0.0% from 2022

Average account balance

$85,955

+36.0% from 2022

Annual return

15.80%

+34.35 pp from 2022

Benchmarks

See 1,740 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,740 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.07M

Not enough data

1 years with asset history on file

Average account balance

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

$109K

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.

105.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$256K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+12.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1536

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 codes2E2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

1 tripped

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

$20K

$1089 / participant

Other / not subdivided$20K100.0%

% of EOY assets

1.201%

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

$85,955

$94,766-9.3%

$112,923-23.9%

$139,487-38.4%

Participation rate

100.0%

81.3%+18.7pp

80.5%+19.5pp

80.3%+19.7pp

Annual return

15.80%

40.96%-25.2pp

34.13%-18.3pp

373.84%-358.0pp

Employer contribution / active EE

$5,302

$4,636+14.3%

$4,570+16.0%

$4,755+11.5%

Participant deferral / active EE

$8,743

$6,523+34.0%

$6,520+34.1%

$6,713+30.2%

Admin fee / account holder

$1,032

$8,529-87.9%

$7,046-85.4%

$11,407-91.0%

RAINMAKER SALES INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RAINMAKER SALES INC. 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