Retirement plan

RSCI, INC. RETIREMENT PLAN

Name: RSCI, INC. DBA RECORD STEEL & CONSTRUCTION, INC. - RSCI, INC. RETIREMENT PLAN (2019) Form 5500
Creator: RSCI, INC. DBA RECORD STEEL & CONSTRUCTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RSCI, INC. RETIREMENT PLAN, RSCI, INC. DBA RECORD STEEL & CONSTRUCTION, INC.

RSCI, INC. DBA RECORD STEEL & CONSTRUCTION, INC.EIN 82-0421355Plan #002PY 2019

333 W. ROSSI ST. STE. 200 - BOISE, ID 83706208-887-1401rscigroup.comLinkedIn51-200 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.3M

+21.8% from 2018

Total participants

229

-18.5% from 2018

Average account balance

$38,116

+45.3% from 2018

Annual return

23.05%

+28.47 pp from 2018

Benchmarks

See 2,830 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,830 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.30M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

255

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.

94.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.47M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+12.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$523

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 3 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: GREAT-WEST LIFE & ANNUITY INS CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$35,273
TOWNSQUARE CAPITAL LLC2 years Filed as: TOWNSQUARE CAPITAL, INC. Service code 27 5314 RIVER RUN DR., STE. 300 · PROVO, UT 84604	Advisory (Plan)	$32,113
PINNACLE PENSION SERVICES5+ years Service code 13 · EIN 82-0433443 3101 W MAIN ST, STE 100 · BOISE, ID 83702	Contract Administrator	$9,440

Plan features & details

Pension benefit codes2E2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$78K

$497 / participant

Investment mgmt$60K77.3%
Contract admin$18K22.7%

% of EOY assets

0.934%

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: LEAVITT, CHRISTENSEN & CO.
Auditor EIN: 820398216
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,116

$63,114-39.6%

$92,909-59.0%

$65,185-41.5%

Participation rate

92.9%

68.8%+24.2pp

76.0%+16.9pp

70.2%+22.7pp

Annual return

23.05%

28.75%-5.7pp

109.44%-86.4pp

29.38%-6.3pp

Employer contribution / active EE

$4,865

$2,571+89.3%

$3,653+33.2%

$2,177+123.5%

Participant deferral / active EE

$5,024

$3,108+61.7%

$4,238+18.6%

$3,514+43.0%

Admin fee / account holder

$356

$624-42.9%

$5,795-93.9%

$847-58.0%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: GREAT-WEST LIFE & ANNUITY INS CO

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$35,273

TOWNSQUARE CAPITAL LLC2 years

Filed as: TOWNSQUARE CAPITAL, INC.

Service code 27

5314 RIVER RUN DR., STE. 300 · PROVO, UT 84604

Advisory (Plan)

$32,113

PINNACLE PENSION SERVICES5+ years

Service code 13 · EIN 82-0433443

3101 W MAIN ST, STE 100 · BOISE, ID 83702

Contract Administrator

$9,440

RSCI, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RSCI, INC. RETIREMENT 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