Retirement plan

RICHARDSON SPORTS, INC. 401(K) PROFIT SHARING PLAN

Name: RICHARDSON SPORTS, INC. - RICHARDSON SPORTS, INC. 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: RICHARDSON SPORTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RICHARDSON SPORTS, INC. 401(K) PROFIT SHARING PLAN, RICHARDSON SPORTS, INC.

RICHARDSON SPORTS, INC.EIN 93-0638532Plan #002PY 2015

500 INTERNATIONAL WAY - SPRINGFIELD, OR 97477541-687-1818LinkedIn1-10 employees

Prospect flagsHigh cashLow assets / participant

How to read this page

Total assets (EOY)

$2.5M

No prior year

Total participants

170

No prior year

Average account balance

$18,013

No prior year

Annual return

-1.64%

No prior year

Benchmarks

See 2,111 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,111 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.87M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

249

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.

78.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$60

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 2 by compensation

Provider	Service type	Compensation
OPPENHEIMER1+ years Filed as: OPPENHEIMER & CO. INC. Service code 13 85 BROAD STREET · NEW YORK, NY 10004	Contract Administrator	$22,727
BIDWELL CONSULTING SERVICES, INC.1+ years Service code 13 · EIN 20-3039384 3251 ESPLINADE · CHICO, CA 95973	Contract Administrator	$11,687

Plan features & details

Pension benefit codes2A2E2J2K3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$34K

$239 / participant

Investment mgmt$23K66.0%
Other / not subdivided$12K34.0%

% of EOY assets

1.394%

all-in expense ratio

Categories reported

1 / 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: JONES & ROTH, P.C.
Auditor EIN: 930819646
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,013

$57,108-68.5%

$94,229-80.9%

$52,331-65.6%

Participation rate

77.1%

72.9%+4.2pp

78.8%-1.7pp

68.1%+9.0pp

Annual return

-1.64%

1.47%-3.1pp

10.68%-12.3pp

4.54%-6.2pp

Employer contribution / active EE

$915

$1,735-47.3%

$3,587-74.5%

$1,882-51.4%

Participant deferral / active EE

$1,613

$3,040-46.9%

$4,320-62.7%

$3,022-46.6%

Admin fee / account holder

$251

$546-54.0%

$6,269-96.0%

$592-57.5%

Provider

Service type

Compensation

OPPENHEIMER1+ years

Filed as: OPPENHEIMER & CO. INC.

Service code 13

85 BROAD STREET · NEW YORK, NY 10004

Contract Administrator

$22,727

BIDWELL CONSULTING SERVICES, INC.1+ years

Service code 13 · EIN 20-3039384

3251 ESPLINADE · CHICO, CA 95973

Contract Administrator

$11,687

RICHARDSON SPORTS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RICHARDSON SPORTS, INC. 401(K) PROFIT SHARING 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