Retirement plan

RINGLER MANAGEMENT SERVICES, INC. EMPLOYEES' PROFIT SHARING PLAN

Name: RINGLER MANAGEMENT SERVICES, INC. - RINGLER MANAGEMENT SERVICES, INC. EMPLOYEES' PROFIT SHARING PLAN (2022) Form 5500
Creator: RINGLER MANAGEMENT SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RINGLER MANAGEMENT SERVICES, INC. EMPLOYEES' PROFIT SHARING PLAN, RINGLER MANAGEMENT SERVICES, INC.

RINGLER MANAGEMENT SERVICES, INC.EIN 95-3862316Plan #005PY 2022

27422 ALISO CREEK ROAD, SUITE 200 - ALISO VIEJO, CA 926565337949-296-9000LinkedIn51-200 employeesinsurance

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$24M

-12.4% from 2021

Total participants

165

-6.8% from 2021

Average account balance

$160,775

-8.8% from 2021

Annual return

-16.25%

-28.41 pp from 2021

Benchmarks

See 2,163 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,163 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$33.09M

Not enough data

1 years with asset history on file

Average account balance

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

$207K

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.

160

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.64M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+15.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1350

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 7 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.6 years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 62 · EIN 04-1590850	Recordkeeping fees; Float revenue	$102,848
401(K) ADVISORS INC3 years Filed as: 401(K) ADVISORS, INC. Service code 27	Advisory (Plan)	$61,657
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INS. CO OF AM Service code 64 815 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$19,380
EPIC RETIREMENT PLAN SERVICES6 years Filed as: UNITED RETIREMENT PLAN CONSULTANTS, Service code 17	Pension Consulting	$12,316
ASCENSUS LLC1 year Filed as: ASCENSUS, LLC Service code 17 · EIN 82-3719843	Pension Consulting	$8,385
401(K) ADVISORS INC3 years Filed as: 401(K) ADVISORS Service code 27 · EIN 33-0905143	Advisory (Plan)	$0
EPIC RETIREMENT PLAN SERVICES6 years Filed as: UNITED RETIREMENT PLAN CONSULTANTS Service code 13 · EIN 25-1759623	Contract Administrator	$0

Plan features & details

Pension benefit codes2F2G2J2K2T

Plan features

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$122K

$899 / participant

Investment mgmt$62K50.4%
Contract admin$61K49.6%

% of EOY assets

0.511%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LTSP, INC.
Auditor EIN: 953864890
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$160,775

$102,661+56.6%

$151,645+6.0%

$66,949+140.1%

Participation rate

88.2%

85.5%+2.7pp

87.5%+0.7pp

69.8%+18.4pp

Annual return

-16.25%

-10.81%-5.4pp

3.34%-19.6pp

1.57%-17.8pp

Employer contribution / active EE

$7,917

$4,184+89.2%

$6,165+28.4%

$2,545+211.0%

Participant deferral / active EE

$7,906

$6,645+19.0%

$8,363-5.5%

$4,239+86.5%

Admin fee / account holder

$821

$630+30.2%

$11,614-92.9%

$594+38.3%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.6 years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 62 · EIN 04-1590850

Recordkeeping fees; Float revenue

$102,848

401(K) ADVISORS INC3 years

Filed as: 401(K) ADVISORS, INC.

Service code 27

Advisory (Plan)

$61,657

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INS. CO OF AM

Service code 64

815 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$19,380

EPIC RETIREMENT PLAN SERVICES6 years

Filed as: UNITED RETIREMENT PLAN CONSULTANTS,

Service code 17

Pension Consulting

$12,316

ASCENSUS LLC1 year

Filed as: ASCENSUS, LLC

Service code 17 · EIN 82-3719843

Pension Consulting

$8,385

401(K) ADVISORS INC3 years

Filed as: 401(K) ADVISORS

Service code 27 · EIN 33-0905143

Advisory (Plan)

EPIC RETIREMENT PLAN SERVICES6 years

Filed as: UNITED RETIREMENT PLAN CONSULTANTS

Service code 13 · EIN 25-1759623

Contract Administrator

RINGLER MANAGEMENT SERVICES, INC. EMPLOYEES' PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RINGLER MANAGEMENT SERVICES, INC. EMPLOYEES' 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