Retirement plan

ROBINSON HELICOPTER COMPANY 401(K) RETIREMENT PLAN

Name: ROBINSON HELICOPTER COMPANY INC. - ROBINSON HELICOPTER COMPANY 401(K) RETIREMENT PLAN (2023) Form 5500
Creator: ROBINSON HELICOPTER COMPANY INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROBINSON HELICOPTER COMPANY 401(K) RETIREMENT PLAN, ROBINSON HELICOPTER COMPANY INC.

ROBINSON HELICOPTER COMPANY INC.EIN 95-2834107Plan #001PY 2023

2901 AIRPORT DRIVE - TORRANCE, CA 90505310-539-0508robinsonheli.comLinkedIn1001-5000 employeesaviation & aerospace

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$110.2M

+10.8% from 2022

Total participants

1,305

+6.3% from 2022

Average account balance

$124,046

+6.8% from 2022

Annual return

13.08%

+26.60 pp from 2022

Benchmarks

See 809 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort809 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$123.27M

Not enough data

1 years with asset history on file

Average account balance

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

$125K

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.

987

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.

66.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.47M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+9.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$131

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
T ROWE PRICE RPS INC9+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$68,579
BENEFIT FINACIAL SERVICES GROUP6 years Service code 16 2040 MAIN STREET · IRVINE, CA 92614	Consulting	$20,000
HENNINGFIELD & ASSOCIATES, INC.1 year Service code 10 27913 SMYTH DRIVE · VALENCIA, CA 91355	Accounting	$5,500

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.

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

$94K

$81 / participant

Recordkeeping$69K72.7%
Other / not subdivided$26K27.3%

% of EOY assets

0.086%

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: HENNINGFIELD & ASSOCIATES, INC.
Auditor EIN: 542189926
Audit fees: $5,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$124,046

$104,544+18.7%

$96,576+28.4%

$80,149+54.8%

Participation rate

64.4%

86.4%-21.9pp

76.0%-11.6pp

72.9%-8.5pp

Annual return

13.08%

21.79%-8.7pp

25.87%-12.8pp

40.39%-27.3pp

Employer contribution / active EE

$1,754

$3,527-50.3%

$2,965-40.9%

$2,977-41.1%

Participant deferral / active EE

$5,060

$6,170-18.0%

$4,851+4.3%

$5,015+0.9%

Admin fee / account holder

$106

$107-0.5%

$8,253-98.7%

$145-26.7%

Provider

Service type

Compensation

T ROWE PRICE RPS INC9+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$68,579

BENEFIT FINACIAL SERVICES GROUP6 years

Service code 16

2040 MAIN STREET · IRVINE, CA 92614

Consulting

$20,000

HENNINGFIELD & ASSOCIATES, INC.1 year

Service code 10

27913 SMYTH DRIVE · VALENCIA, CA 91355

Accounting

$5,500

ROBINSON HELICOPTER COMPANY 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROBINSON HELICOPTER COMPANY 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