Retirement plan

RS MEDICAL 401(K) PLAN

Name: INTERNATIONAL REHABILITATIVE SCIENCES, INC. - RS MEDICAL 401(K) PLAN (2017) Form 5500
Creator: INTERNATIONAL REHABILITATIVE SCIENCES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RS MEDICAL 401(K) PLAN, INTERNATIONAL REHABILITATIVE SCIENCES, INC.

INTERNATIONAL REHABILITATIVE SCIENCES, INC.dba RS MEDICALEIN 91-1490213Plan #001PY 2017

14001 SE 1ST STREET - VANCOUVER, WA 98684800-683-0353

Prospect flagsLow returnsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$5.6M

-20.0% from 2016

Total participants

109

-21.6% from 2016

Average account balance

$59,205

+3.5% from 2016

Annual return

11.16%

+8.37 pp from 2016

Benchmarks

See 2,040 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort2,040 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$508K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-105.86%

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

Top 3 by compensation

Provider	Service type	Compensation
TPG FINANCIAL ADVISORS, LLC2+ years Filed as: TPG FINANCIAL ADVISORS LLC Service code 26 · EIN 20-5282002	Advisory (Participants)	$16,813
SPECTRUM PENSION CONSULTANTS, INC.3+ years Service code 64 · EIN 91-1035498	Recordkeeping Fees	$10,050
GEFFEN MESHER1 year Filed as: GEFFEN MESHER & COMPANY PC Service code 10 · EIN 93-1042710	Accounting	$8,000

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$35K

$520 / participant

Investment mgmt$17K48.2%
Contract admin$10K28.8%
Other / not subdivided$8K22.9%

% of EOY assets

0.620%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: GEFFEN MESHER & COMPANY, P.C.
Auditor EIN: 931042710
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,205

$56,110+5.5%

$94,993-37.7%

$70,126-15.6%

Participation rate

79.1%

65.0%+14.1pp

73.9%+5.2pp

69.5%+9.6pp

Annual return

11.16%

51.02%-39.9pp

27.14%-16.0pp

73.15%-62.0pp

Employer contribution / active EE

$769

$1,442-46.7%

$2,603-70.5%

$2,343-67.2%

Participant deferral / active EE

$4,131

$2,391+72.8%

$3,317+24.5%

$3,332+24.0%

Admin fee / account holder

$367

$3,456-89.4%

$4,960-92.6%

$4,645-92.1%

Provider

Service type

Compensation

TPG FINANCIAL ADVISORS, LLC2+ years

Filed as: TPG FINANCIAL ADVISORS LLC

Service code 26 · EIN 20-5282002

Advisory (Participants)

$16,813

SPECTRUM PENSION CONSULTANTS, INC.3+ years

Service code 64 · EIN 91-1035498

Recordkeeping Fees

$10,050

GEFFEN MESHER1 year

Filed as: GEFFEN MESHER & COMPANY PC

Service code 10 · EIN 93-1042710

Accounting

$8,000

RS MEDICAL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RS MEDICAL 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