Retirement plan

RUSH SALES COMPANY, INC. 401(K) PLAN

Name: RUSH SALES COMPANY, INC. - RUSH SALES COMPANY, INC. 401(K) PLAN (2020) Form 5500
Creator: RUSH SALES COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RUSH SALES COMPANY, INC. 401(K) PLAN, RUSH SALES COMPANY, INC.

RUSH SALES COMPANY, INC.EIN 75-2301503Plan #001PY 2020

P.O. BOX 2488 - ODESSA, TX 79760432-337-2397rushodessa.comLinkedIn201-500 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.1M

-12.5% from 2019

Total participants

-38.3% from 2019

Average account balance

$69,928

+14.8% from 2019

Annual return

12.44%

-6.09 pp from 2019

Benchmarks

See 14,879 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,879 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.59M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

93.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$230K

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

+11.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$19144

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 codes2E2J3D

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.
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

$1.1M

$36081 / participant

Other / not subdivided$1M100.0%

% of EOY assets

35.545%

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

$69,928

$78,423-10.8%

$95,964-27.1%

$79,856-12.4%

Participation rate

83.9%

73.5%+10.4pp

77.1%+6.8pp

69.6%+14.2pp

Annual return

12.44%

19.37%-6.9pp

91.64%-79.2pp

31.71%-19.3pp

Employer contribution / active EE

$3,001

$1,945+54.2%

$2,541+18.1%

$2,471+21.4%

Participant deferral / active EE

$4,188

$3,440+21.7%

$4,167+0.5%

$3,741+12.0%

Admin fee / account holder

$24,856

$5,622+342.1%

$6,797+265.7%

$5,306+368.4%

RUSH SALES COMPANY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RUSH SALES COMPANY, 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