Romanoff Group Retirement Savings Plan — Form 5500 plan (Romanoff Electric, 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, Romanoff Group Retirement Savings Plan is a benefit plan reported by Romanoff Electric, Inc. under EIN 31-1020367 and plan number 001. The latest loaded filing year is 2023. The filing reports 890 participants and $11,802,171 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$11.8MPlan net assets, end of year$11,802,171
Participants890Covered participants reported
Assets / participant$13.3KComputed: assets ÷ participants$13,261 (computed)
Provider compensation$121.6K2 Schedule C provider row(s)$121,566
- Plan sponsor
- Romanoff Electric, Inc.
- EIN
- 31-1020367
- Plan number
- 001
- Plan type
- 2
- Location
- Gahanna, OH
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 890 | H, C | 20241014095649NAL0053010850001 |
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)$11.8M total assets
Net assets$11.8MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $11,802,171
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,802,171
- Net assets (BOY)
- $9,060,697
Income & contributions
- Participant contributions
- $2,108,599
- Total contributions
- $2,280,298
- Total income / additions
- $4,009,318
Expenses & distributions
- Benefits paid
- $1,146,322
- Administrative expenses
- $121,522
- Total expenses
- $1,267,844
- Net increase / (decrease)
- $2,741,474
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.
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income29%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $92,156 | $0 | 2023 |
| Merrill Lynch Pierce Fenner & Smith | CONSULTANT | $29,366 | $44 | 2023 |