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. (2020) 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 2020

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$771K

+28.3% from 2019

Total participants

+20.0% from 2019

Average account balance

$14,828

+11.0% from 2019

Annual return

8.63%

+6.87 pp from 2019

Benchmarks

See 18,633 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,633 peers

Snapshot2020

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 codes2F2L2G

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$15K

$390 / participant

Other / not subdivided$15K100.0%

% of EOY assets

1.920%

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

$14,828

$91,179-83.7%

$178,499-91.7%

$79,852-81.4%

Participation rate

94.7%

69.2%+25.5pp

81.9%+12.8pp

69.6%+25.1pp

Annual return

8.63%

24.19%-15.6pp

151.10%-142.5pp

31.72%-23.1pp

Employer contribution / active EE

$792

$3,256-75.7%

$5,011-84.2%

$2,471-68.0%

Participant deferral / active EE

$2,693

$3,236-16.8%

$5,202-48.2%

$3,740-28.0%

Admin fee / account holder

$285

$6,749-95.8%

$13,986-98.0%

$5,306-94.6%

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