Plans » Benchmarking Engine
Benchmarking R.K. Black, Inc. Retirement & Savings Plan in Oklahoma City, OK against
good (8)
neutral (4)
R.K. Black, Inc. Retirement & Savings Plan in Oklahoma City, OK has the 3rd-highest average account balance ($70,248) of the 118 plans within 50 miles. That $70,248 compares to an average of $24,402 across those 118 plans.
Beating the average of $24,402 means an extra $6,372,581 in total assets.
Note: average account balance = total assets ÷ total participants
R.K. Black, Inc. Retirement & Savings Plan has these standings among those 118 peer plans:
Beating the average of $24,402 means an extra $6,372,581 in total assets.
Note: average account balance = total assets ÷ total participants
R.K. Black, Inc. Retirement & Savings Plan has these standings among those 118 peer plans:
- average account balance = $70,248 (3rd-highest)
- total assets = $9,764,469 (2nd-most)
- total participants = 139 (29th-fewest)
- average account balance. Higher values are better. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f of Form 5500. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
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within 50 miles.
- The Latitude and Longitude data used by this application were obtained from the Google Map's geolocation API service.
- In rare cases, the geolocation isn't found, typically because a street address is missing or incorrect, a zipcode isn't correct or omits a leading zero, or other detail. In such rare cases, the Google Maps service was used manually to identify the correct or likely office latitude and longtidue, with a preference to physical addresses rather than mailing addresses such as a post office box.
R.K. Black, Inc. Retirement & Savings Plan in Oklahoma City, OK is in Oklahoma City, OK, its EIN is 730674578, its industry group is Electronic and Precision Equipment Repair and Maintenance, its plan administrator is Chris Black, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, provides for automatic enrollment, provides participant-directed brokerage accounts as investment options, is a single-employer plan, its business code is 811210, has 100 to 499 total participants, is worse than the overall plan medians in each of total income, net income, participant loans as a percentage of plan assets, and yield on beginning-of-plan-year total assets (4 total), and is better than the overall participant averages in each of average account balance, active-participant contributions per head, and employer contributions per active participant.
Global References
Numeric values:
- total assets at beginning of plan year ($11,933,258)
- net assets (assets minus liabilities) ($9.80M)
- total assets ($9,764,469)
- value of interest in registered investment companies (e.g., mutual funds) ($8.60M)
- total contributions ($937,932)
- value of interest in common/collective trusts ($922,489)
- total expenses ($898,205)
- cash contributions from participants ($649,221)
- cash contributions from employers ($288,711)
- participant loans ($215,231)
- average account balance ($70,248)
- corporate common stocks (other than employer securities) ($55,896)
- other administrative expenses ($47,647)
- total administrative expenses ($47,647)
- average employer+participant cash contribution per active participant ($9,106)
- average participant cash contribution per active participant ($6,303)
- average employer cash contribution per active participant ($2,803)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($1,435)
- total administrative expense per participant ($342.78)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- professional fees ($0)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- net income per total participant (-$15,598)
- total income (-$1,269,907)
- net income (-$2,168,112)
- earnings on investments (-$2,207,839)
- net earnings on investments (-$2,207,839)
- percentage of active participants (74.1%)
- diversity of asset types (14.2%)
- participant loans as a percentage of plan assets (2.20%)
- total administrative expense ratio (0.490%)
- total cash as a percentage of plan assets (0.01%)
- employer securities as a percentage of plan assets (0.00%)
- growth in total assets during the plan year (-18.2%)
- yield on beginning-of-plan-year total assets (-18.50%)
- active participants (103)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (139)
- other retired or separated participants entitled to future benefits (35)
- retired or separated participants receiving benefits (1)
- total participants (139)
Global References