Retirement plan

RLG EMPLOYEES' 401(K) PLAN

Name: ROMARK LOGISTICS OF TEXAS, INC. - RLG EMPLOYEES' 401(K) PLAN (2020) Form 5500
Creator: ROMARK LOGISTICS OF TEXAS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RLG EMPLOYEES' 401(K) PLAN, ROMARK LOGISTICS OF TEXAS, INC.

ROMARK LOGISTICS OF TEXAS, INC.EIN 74-2078596Plan #001PY 2020

822 SOUTH AVENUE WEST - WESTFIED, NJ 07090908-789-2800LinkedIn201-500 employeespackage/freight delivery

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$17.3M

+11.6% from 2019

Total participants

572

+22.2% from 2019

Average account balance

$32,879

-11.7% from 2019

Annual return

11.36%

-3.57 pp from 2019

Benchmarks

See 88 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort88 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.24M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

937

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.

87.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.68M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$106

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

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$97,025
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY WEALTH MGMT Service code 27 · EIN 26-4310632	Advisory (Plan)	$33,027
AMERICAN CENTURY2 years Service code 52 · EIN 43-1646043	Indirect Investment Fees	$0
AMERICAN FUNDS4 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
BLACKROCK2 years Service code 52 · EIN 51-0318674	Indirect Investment Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL2 years Filed as: FIDELITY INVESTMENTS Service code 52 · EIN 04-3365630	Indirect Investment Fees	$0
THE VANGUARD GROUP, INC.2 years Filed as: VANGUARD Service code 52 · EIN 23-1945930	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3H2T

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.
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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$130K

$312 / participant

Investment mgmt$119K91.5%
Contract admin$11K8.5%
Other / not subdivided$750.1%

% of EOY assets

0.752%

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: HILL, BARTH AND KING LLC
Auditor EIN: 341897225
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,879

$35,123-6.4%

$93,515-64.8%

$73,412-55.2%

Participation rate

89.0%

68.3%+20.7pp

66.8%+22.1pp

72.2%+16.8pp

Annual return

11.36%

18.89%-7.5pp

78.21%-66.8pp

59.30%-47.9pp

Employer contribution / active EE

$1,579

$1,247+26.6%

$2,077-24.0%

$2,234-29.3%

Participant deferral / active EE

$2,342

$2,249+4.1%

$3,129-25.1%

$3,806-38.5%

Admin fee / account holder

$247

$108+128.7%

$5,235-95.3%

$158+56.6%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$97,025

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY WEALTH MGMT

Service code 27 · EIN 26-4310632

Advisory (Plan)

$33,027

AMERICAN CENTURY2 years

Service code 52 · EIN 43-1646043

Indirect Investment Fees

AMERICAN FUNDS4 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

BLACKROCK2 years

Service code 52 · EIN 51-0318674

Indirect Investment Fees

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Filed as: FIDELITY INVESTMENTS

Service code 52 · EIN 04-3365630

Indirect Investment Fees

THE VANGUARD GROUP, INC.2 years

Filed as: VANGUARD

Service code 52 · EIN 23-1945930

Indirect Investment Fees

RLG EMPLOYEES' 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RLG EMPLOYEES' 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