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 (2023) 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 2023

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$860K

+22.5% from 2022

Total participants

-14.3% from 2022

Average account balance

$143,290

+42.9% from 2022

Annual return

17.70%

+30.03 pp from 2022

Benchmarks

See 41,808 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort41,808 peers

Snapshot2023

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 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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$676

$113 / participant

Other / not subdivided$676100.0%

% of EOY assets

0.079%

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

$143,290

$96,678+48.2%

$86,640+65.4%

$139,466+2.7%

Participation rate

100.0%

74.4%+25.6pp

71.7%+28.3pp

80.3%+19.7pp

Annual return

17.70%

106.69%-89.0pp

592.52%-574.8pp

373.66%-356.0pp

Employer contribution / active EE

$2,493

$3,265-23.7%

$3,024-17.6%

$4,754-47.6%

Participant deferral / active EE

$3,207

$4,837-33.7%

$4,438-27.7%

$6,712-52.2%

Admin fee / account holder

$113

$6,410-98.2%

$5,616-98.0%

$11,409-99.0%

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