Retirement plan

403(B) THRIFT PLAN OF ROADRUNNER FOOD BANK, INC.

Name: ROADRUNNER FOOD BANK, INC. - 403(B) THRIFT PLAN OF ROADRUNNER FOOD BANK, INC. (2018) Form 5500
Creator: ROADRUNNER FOOD BANK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF ROADRUNNER FOOD BANK, INC., ROADRUNNER FOOD BANK, INC.

ROADRUNNER FOOD BANK, INC.EIN 85-0278525Plan #002PY 2018

5840 OFFICE BLVD NE - ALBUQUERQUE, NM 871095863505-247-2052

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$776K

-12.8% from 2017

Total participants

+17.9% from 2017

Average account balance

$17,244

-30.2% from 2017

Annual return

7.03%

-3.51 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.19M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

71.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$370K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+19.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$890

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 codes2L2F2G

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.

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

$297K

$8488 / participant

Other / not subdivided$297K100.0%

% of EOY assets

38.285%

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

$17,244

$75,962-77.3%

$154,111-88.8%

$64,173-73.1%

Participation rate

97.1%

70.4%+26.7pp

83.0%+14.1pp

69.6%+27.6pp

Annual return

7.03%

30.32%-23.3pp

735.18%-728.2pp

7.63%-0.6pp

Employer contribution / active EE

$758

$3,350-77.4%

$5,298-85.7%

$2,381-68.1%

Participant deferral / active EE

$2,671

$3,175-15.9%

$5,081-47.4%

$3,470-23.0%

Admin fee / account holder

$6,602

$5,589+18.1%

$13,411-50.8%

$4,887+35.1%

403(B) THRIFT PLAN OF ROADRUNNER FOOD BANK, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF ROADRUNNER FOOD BANK, INC.

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