Retirement plan

RACKLIFFE SECURITY PROFESSIONALS, INC 401(K) PLAN AND TRUST

Name: RACKLIFFE SECURITY PROFESSIONALS, INC. - RACKLIFFE SECURITY PROFESSIONALS, INC 401(K) PLAN AND TRUST (2019) Form 5500
Creator: RACKLIFFE SECURITY PROFESSIONALS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RACKLIFFE SECURITY PROFESSIONALS, INC 401(K) PLAN AND TRUST, RACKLIFFE SECURITY PROFESSIONALS, INC.

RACKLIFFE SECURITY PROFESSIONALS, INC.EIN 83-0985007Plan #001PY 2019

16 RAMAH CIRCLE SOUTH - AGAWAM, MA 01001413-786-1213rackliffe.comLinkedIn1-10 employeespublic safety

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$562K

No prior year

Total participants

No prior year

Average account balance

$112,407

No prior year

Annual return

17.55%

No prior year

Benchmarks

See 35,119 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort35,119 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.25M

Not enough data

1 years with asset history on file

Average account balance

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

$178K

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$39K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+13.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2J

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.

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

$5K

$914 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.813%

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

$112,407

$103,008+9.1%

$90,304+24.5%

$152,897-26.5%

Participation rate

100.0%

75.9%+24.1pp

73.3%+26.7pp

82.5%+17.5pp

Annual return

17.55%

95.22%-77.7pp

78.13%-60.6pp

345.43%-327.9pp

Employer contribution / active EE

$1,644

$3,139-47.6%

$2,855-42.4%

$4,764-65.5%

Participant deferral / active EE

$1,248

$4,281-70.9%

$3,885-67.9%

$5,851-78.7%

Admin fee / account holder

$914

$6,175-85.2%

$5,354-82.9%

$11,599-92.1%

RACKLIFFE SECURITY PROFESSIONALS, INC 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RACKLIFFE SECURITY PROFESSIONALS, INC 401(K) PLAN AND TRUST

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