Retirement plan

RUBIO CANON LAND AND WATER ASSOCIATION 401(K) RETIREMENT PLAN

Name: RUBIO CANON LAND AND WATER ASSOCIATION - RUBIO CANON LAND AND WATER ASSOCIATION 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: RUBIO CANON LAND AND WATER ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RUBIO CANON LAND AND WATER ASSOCIATION 401(K) RETIREMENT PLAN, RUBIO CANON LAND AND WATER ASSOCIATION

RUBIO CANON LAND AND WATER ASSOCIATIONEIN 95-1169223Plan #001PY 2024

583 EAST SACRAMENTO STREET - ALTADENA, CA 91001626-797-0509rclwa.orgLinkedIn11-50 employeesutilities

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$871K

+24.9% from 2023

Total participants

+12.5% from 2023

Average account balance

$96,814

+11.1% from 2023

Annual return

8.85%

-4.12 pp from 2023

Benchmarks

See 1,943 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,943 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$871K

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$112K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+8.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1380

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 codes2E2F2G2J2T3D

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.
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.

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.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$12K

$1774 / participant

Other / not subdivided$12K100.0%

% of EOY assets

1.425%

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

$96,814

$97,765-1.0%

$103,486-6.4%

$145,884-33.6%

Participation rate

100.0%

81.1%+18.9pp

80.5%+19.5pp

80.3%+19.7pp

Annual return

8.85%

25.44%-16.6pp

23.93%-15.1pp

551.85%-543.0pp

Employer contribution / active EE

$11,688

$4,687+149.4%

$4,679+149.8%

$4,662+150.7%

Participant deferral / active EE

$4,349

$6,606-34.2%

$6,628-34.4%

$6,690-35.0%

Admin fee / account holder

$1,380

$12,505-89.0%

$9,354-85.2%

$13,392-89.7%

RUBIO CANON LAND AND WATER ASSOCIATION 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RUBIO CANON LAND AND WATER ASSOCIATION 401(K) RETIREMENT 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