Retirement plan

RED CHAMBER GROUP OF COMPANIES 401K PLAN

Name: RED CHAMBER GROUP OF COMPANIES - RED CHAMBER GROUP OF COMPANIES 401K PLAN (2015) Form 5500
Creator: RED CHAMBER GROUP OF COMPANIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RED CHAMBER GROUP OF COMPANIES 401K PLAN, RED CHAMBER GROUP OF COMPANIES

RED CHAMBER GROUP OF COMPANIESEIN 95-3544617Plan #001PY 2015

1912 E VERNON AVENUE - LOS ANGELES, CA 90058323-234-2989LinkedIn1001-5000 employeesfood production

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$23.7M

No prior year

Total participants

1,116

No prior year

Average account balance

$57,563

No prior year

Annual return

-0.69%

No prior year

Benchmarks

See 601 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort601 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$47.69M

Not enough data

1 years with asset history on file

Average account balance

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

$132K

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.

360

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.

26.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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)

$332

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
SERVATIUS, O'BRIEN & FONG, LLP1+ years Filed as: FONG AND ASSOCIATES Service code 10 · EIN 46-4478883	Accounting	$14,000
TRANSAMERICA RETIREMENT SOLUTIONS1+ years Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399	Recordkeeping	$6,510
LOCKTON INVESTMENT ADVISORS, LLC1+ years Filed as: LOCKTON FINANCIAL ADVISORS, LLC Service code 22 · EIN 20-3247391	Insurance Broker	$5,743

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$20K

$21 / participant

Other / not subdivided$20K100.0%

% of EOY assets

0.085%

all-in expense ratio

Categories reported

0 / 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: RPG
Auditor EIN: 330532641
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,563

$48,277+19.2%

$63,244-9.0%

$55,191+4.3%

Participation rate

26.3%

69.4%-43.1pp

71.0%-44.8pp

69.2%-42.9pp

Annual return

-0.69%

2.37%-3.1pp

-70.31%+69.6pp

10.78%-11.5pp

Employer contribution / active EE

$749

$1,592-52.9%

$2,322-67.7%

$1,899-60.6%

Participant deferral / active EE

$1,640

$2,432-32.6%

$2,953-44.5%

$3,046-46.2%

Admin fee / account holder

$49

$86-42.9%

$5,893-99.2%

$91-45.9%

Provider

Service type

Compensation

SERVATIUS, O'BRIEN & FONG, LLP1+ years

Filed as: FONG AND ASSOCIATES

Service code 10 · EIN 46-4478883

Accounting

$14,000

TRANSAMERICA RETIREMENT SOLUTIONS1+ years

Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN

Service code 15 · EIN 36-6071399

Recordkeeping

$6,510

LOCKTON INVESTMENT ADVISORS, LLC1+ years

Filed as: LOCKTON FINANCIAL ADVISORS, LLC

Service code 22 · EIN 20-3247391

Insurance Broker

$5,743

RED CHAMBER GROUP OF COMPANIES 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RED CHAMBER GROUP OF COMPANIES 401K 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