Retirement plan

R & M CONSULTANTS, INC. PROFIT-SHARING PLAN AND TRUST

Name: R & M CONSULTANTS, INC. - R & M CONSULTANTS, INC. PROFIT-SHARING PLAN AND TRUST (2021) Form 5500
Creator: R & M CONSULTANTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, R & M CONSULTANTS, INC. PROFIT-SHARING PLAN AND TRUST, R & M CONSULTANTS, INC.

R & M CONSULTANTS, INC.EIN 92-0064353Plan #002PY 2021

9101 VANGUARD DRIVE - ANCHORAGE, AK 99507907-522-1707rmconsult.comLinkedIn51-200 employeescivil engineering

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$31.2M

+9.3% from 2020

Total participants

207

+33.5% from 2020

Average account balance

$204,989

+4.2% from 2020

Annual return

11.73%

-2.96 pp from 2020

Benchmarks

See 5,715 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,715 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$33.49M

Not enough data

1 years with asset history on file

Average account balance

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

$199K

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.

168

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.

96.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.90M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+15.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15

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

1 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
ALDRICH WEALTH LIMITED PARTNERSHIP4 years Filed as: ALDRICH RETIREMENT SOLUTIONS, LTD Service code 49 · EIN 71-0294708	Other Services	$4,419
SG ADVISORS3 years Service code 99 · EIN 82-2963222	Other Fees	$3,376
AMERITAS LIFE INSURANCE CORP1 year Service code 15 · EIN 47-0098400	Recordkeeping	$3,222

Plan features & details

Pension benefit codes2E2F2G2J2K3D2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$4K

$24 / participant

Investment mgmt$1K30.8%
Other / not subdivided$2K69.2%

% of EOY assets

0.011%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PORTER & ALLISON
Auditor EIN: 475223460
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$204,989

$104,479+96.2%

$159,474+28.5%

$79,391+158.2%

Participation rate

62.8%

76.6%-13.8pp

82.8%-20.0pp

70.7%-7.9pp

Annual return

11.73%

67.98%-56.2pp

263.68%-252.0pp

116.88%-105.2pp

Employer contribution / active EE

$4,317

$3,417+26.3%

$4,831-10.6%

$2,428+77.8%

Participant deferral / active EE

$6,735

$6,468+4.1%

$7,353-8.4%

$4,046+66.5%

Admin fee / account holder

$24

$711-96.7%

$10,802-99.8%

$627-96.2%

Provider

Service type

Compensation

ALDRICH WEALTH LIMITED PARTNERSHIP4 years

Filed as: ALDRICH RETIREMENT SOLUTIONS, LTD

Service code 49 · EIN 71-0294708

Other Services

$4,419

SG ADVISORS3 years

Service code 99 · EIN 82-2963222

Other Fees

$3,376

AMERITAS LIFE INSURANCE CORP1 year

Service code 15 · EIN 47-0098400

Recordkeeping

$3,222

R & M CONSULTANTS, INC. PROFIT-SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

R & M CONSULTANTS, INC. PROFIT-SHARING 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