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 (2021) 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 2021

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

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$786K

+21.4% from 2020

Total participants

+14.3% from 2020

Average account balance

$98,269

+6.3% from 2020

Annual return

17.22%

+6.04 pp from 2020

Benchmarks

See 37,642 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort37,642 peers

Snapshot2021

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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$98,269

$109,863-10.6%

$98,477-0.2%

$167,518-41.3%

Participation rate

100.0%

75.8%+24.2pp

73.3%+26.7pp

82.1%+17.9pp

Annual return

17.22%

1958.09%-1940.9pp

1493.59%-1476.4pp

478.71%-461.5pp

Employer contribution / active EE

$1,725

$3,225-46.5%

$2,961-41.7%

$4,838-64.3%

Participant deferral / active EE

$2,171

$4,673-53.5%

$4,276-49.2%

$6,342-65.8%

Admin fee / account holder

$6,755-100.0%

$5,951-100.0%

$12,312-100.0%

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion