RINA 401(K)

Plan Overview & Key Metrics

RINA 401(K) is a defined contribution retirement plan offered by RINA ACCOUNTANCY CORPORATION. Below is a snapshot of the plan’s financial health, participant activity, and employer generosity based on publicly filed data. Use these metrics to benchmark your own contributions and see how this plan compares to peers.

RINA 401(K) Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of RINA 401(K) is $1,295.00.This plan was established in 1994.

RINA 401(K) Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in RINA 401(K) is 82

RINA 401(K) Average Participant Retirement Account Value

In 2023, the average participant retirement account value for RINA 401(K) is $15.00

RINA 401(K) Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for RINA 401(K) is $5,330.00.

RINA 401(K) Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in RINA 401(K) is approximately $7,405.00
Investing in this additonal $7,405.00 for 20 years would give you extra $473,974.00, assuming a 10% annual return.

RINA 401(K) Total Employer Contribution and Match Rate

In 2023, RINA 401(K) allocates $607,280.00 to match its employees’ contributions, providing an employer match rate of 110.61% of their contributions

RINA 401(K) Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of RINA 401(K) is -100.00%.

RINA 401(K) Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for RINA 401(K) is -28.09%. This measures the effectiveness of the plan participants’ investments in the year.

RINA 401(K) Expense Ratio

In 2023, the investment and administrative expense ratio of RINA 401(K) is -1656.37%.

* Data are from public filings.

Plan Administrator & Contact

Need to reach the plan administrator, update beneficiaries, or request a distribution? Use the contact details below. If the plan uses an external recordkeeper (such as Fidelity, Vanguard, or Empower), their portal is typically the fastest way to manage your account day to day.

Please log in to view contact information.

Enrollment & Brokerage Features

The following features describe how RINA 401(K) handles enrollment, default investments, and access to self-directed brokerage windows. Plans that offer auto-enrollment tend to have higher participation rates, and a brokerage window can give you access to investments beyond the plan’s core lineup.

RINA 401(K) has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

What Should You Do Next?

Your 401(k) is likely your single largest wealth-building tool. Here is how to make the most of RINA 401(K):

  1. Contribute enough to capture the full employer match. This is free money — see the match details on the Contribution & Match page.
  2. Review your investment allocation. Make sure your mix of stocks, bonds, and other assets matches your age and risk tolerance. Check available investment options.
  3. Keep your beneficiary designations current. Life events (marriage, divorce, children) mean your beneficiary form may need updating.
  4. Increase contributions over time. Even a 1% annual bump can add tens of thousands to your retirement balance over a career.

Use our 401(k) Savings Calculator to project how your current contribution rate translates into retirement wealth, or try the Asset Allocation Calculator to find an allocation that fits your risk profile.

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