Retirement plan

RALLY POINT WEALTH MANAGEMENT 401(K) PLAN

Name: SUA SPONTE PARTNERS, LLC DBA RALLY POINT WEALTH MANAGEMENT - RALLY POINT WEALTH MANAGEMENT 401(K) PLAN (2023) Form 5500
Creator: SUA SPONTE PARTNERS, LLC DBA RALLY POINT WEALTH MANAGEMENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RALLY POINT WEALTH MANAGEMENT 401(K) PLAN, SUA SPONTE PARTNERS, LLC DBA RALLY POINT WEALTH MANAGEMENT

SUA SPONTE PARTNERS, LLC DBA RALLY POINT WEALTH MANAGEMENTEIN 84-4226399Plan #001PY 2023

151 ORCHARDVIEW ROAD - SEVEN HILLS, OH 44131330-650-2550

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$391K

+62.5% from 2022

Total participants

+33.3% from 2022

Average account balance

$97,786

+21.9% from 2022

Annual return

15.54%

+34.48 pp from 2022

Benchmarks

See 36,165 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort36,165 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$760K

Not enough data

1 years with asset history on file

Average account balance

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

$190K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$122K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$31K

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

+16.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$500

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 codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
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

$2K

$500 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.512%

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

$97,786

$185,883-47.4%

$170,043-42.5%

$139,466-29.9%

Participation rate

100.0%

87.8%+12.2pp

87.0%+13.0pp

80.3%+19.7pp

Annual return

15.54%

60.54%-45.0pp

53.40%-37.9pp

373.66%-358.1pp

Employer contribution / active EE

$15,036

$7,596+97.9%

$6,790+121.4%

$4,754+216.3%

Participant deferral / active EE

$13,242

$11,626+13.9%

$10,410+27.2%

$6,712+97.3%

Admin fee / account holder

$500

$15,393-96.8%

$12,824-96.1%

$11,409-95.6%

RALLY POINT WEALTH MANAGEMENT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RALLY POINT WEALTH MANAGEMENT 401(K) 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