Retirement plan

GOYETTE, RUANO & THOMPSON 401(K) PROFIT SHARING PLAN

Name: GOYETTE, RUANO & THOMPSON - GOYETTE, RUANO & THOMPSON 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: GOYETTE, RUANO & THOMPSON
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOYETTE, RUANO & THOMPSON 401(K) PROFIT SHARING PLAN, GOYETTE, RUANO & THOMPSON

GOYETTE, RUANO & THOMPSONEIN 75-3143093Plan #001PY 2022

2366 GOLD MEADOW WAY, SUITE 200 - GOLD RIVER, CA 95670916-851-1900

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3M

-10.8% from 2021

Total participants

-7.4% from 2021

Average account balance

$59,993

-12.6% from 2021

Annual return

-16.52%

-30.44 pp from 2021

Benchmarks

See 28,005 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,005 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.23M

Not enough data

1 years with asset history on file

Average account balance

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

$101K

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.

168.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$243K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4743

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

$80K

$2957 / participant

Other / not subdivided$80K100.0%

% of EOY assets

2.662%

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

$59,993

$82,674-27.4%

$125,363-52.1%

$68,495-12.4%

Participation rate

100.0%

75.0%+25.0pp

82.4%+17.6pp

67.9%+32.1pp

Annual return

-16.52%

-5.97%-10.5pp

572.15%-588.7pp

-7.84%-8.7pp

Employer contribution / active EE

$1,152

$3,382-65.9%

$4,815-76.1%

$2,596-55.6%

Participant deferral / active EE

$7,827

$6,111+28.1%

$7,447+5.1%

$4,028+94.3%

Admin fee / account holder

$1,597

$6,276-74.6%

$10,005-84.0%

$5,403-70.4%

GOYETTE, RUANO & THOMPSON 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOYETTE, RUANO & THOMPSON 401(K) PROFIT SHARING 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