Rhoads Energy 401(K) Plan — Form 5500 plan (Jerome H. Rhoads, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Rhoads Energy 401(K) Plan is a benefit plan reported by Jerome H. Rhoads, Inc. under EIN 23-1521282 and plan number 002. The latest loaded filing year is 2023. The filing reports 190 participants and $7,046,423 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7MPlan net assets, end of year$7,046,423
Participants190Covered participants reported
Assets / participant$37.1KComputed: assets ÷ participants$37,086 (computed)
Provider compensation$15.9K2 Schedule C provider row(s)$15,868
Plan sponsor
Jerome H. Rhoads, Inc.
EIN
23-1521282
Plan number
002
Plan type
2
Location
Lancaster, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023190H, C20241015131117NAL0016460083001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$7M total assets
Net assets$7MLiabilities$0
Money in vs. money out
Total income / additions$1.6M
Total expenses$421K
Benefits paid / distributions$411.8K
Contributions
Employer$107.8K
Participant$577.7K
Full reported line items

Net assets

Total assets (EOY)
$7,046,423
Total liabilities (EOY)
$0
Net assets (EOY)
$7,046,423
Net assets (BOY)
$5,854,182

Income & contributions

Employer contributions
$107,815
Participant contributions
$577,733
Total contributions
$729,207
Total income / additions
$1,613,209

Expenses & distributions

Benefits paid
$411,772
Administrative expenses
$9,196
Total expenses
$420,968
Net increase / (decrease)
$1,192,241
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 16%Participant 84%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income26%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Massachusetts Mutual Life Ins CompINVESTMENT ADVISOR$15,868not reported in the loaded dataset2023
Empower Annuity Insurance CompanyRECORDKEEPER$0$02023

Related Form 5500 pages