Retirement plan

NATIONAL DENTEX CORPORATION PLAN

Name: NATIONAL DENTEX, LLC - NATIONAL DENTEX CORPORATION PLAN (2023) Form 5500
Creator: NATIONAL DENTEX, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL DENTEX CORPORATION PLAN, NATIONAL DENTEX, LLC

NATIONAL DENTEX, LLCEIN 04-2762050Plan #002PY 2023

4400 PGA BLVD, SUITE 700 - PALM BEACH GARDENS, FL 33410561-537-8300nationaldentex.comLinkedIn1001-5000 employeeshospital & health care

Prospect flagsLow employer contributionFailed to provide benefit

How to read this page

Total assets (EOY)

$123.6M

+9.2% from 2022

Total participants

2,842

-10.1% from 2022

Average account balance

$47,764

+20.7% from 2022

Annual return

17.53%

+34.64 pp from 2022

Benchmarks

See 809 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort809 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$133.28M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

2,636

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.

86.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.69M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$-2

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 27 1585 BROADWAY · NEW YORK, NY 10036	Advisory (Plan)	$68,992
STRATEGIC ADVISORS, INC.4+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$34,364
STOWE & DEGON, LLC1 year Filed as: STOWE & DEGON LLC Service code 10 · EIN 04-3379904	Accounting	$15,900
FIDELITY INVESTMENTS INSTITUTIONAL4+ years Service code 37 · EIN 04-2647786	Loan Processing	-$163,886

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.

Expense breakdown

Schedule H Part II

Admin total

-$45K

$-23 / participant

Investment mgmt$103K0.0%

% of EOY assets

-0.036%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: STOWE & DEGON LLC
Auditor EIN: 043379904
Audit fees: $15,900
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,764

$104,544-54.3%

$96,544-50.5%

$80,169-40.4%

Participation rate

86.7%

86.4%+0.3pp

76.0%+10.7pp

72.9%+13.7pp

Annual return

17.53%

21.79%-4.3pp

25.88%-8.4pp

40.39%-22.9pp

Employer contribution / active EE

$1,039

$3,527-70.5%

$2,966-65.0%

$2,978-65.1%

Participant deferral / active EE

$3,573

$6,170-42.1%

$4,851-26.4%

$5,016-28.8%

Admin fee / account holder

-$17

$107-116.1%

$8,254-100.2%

$145-111.9%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 27

1585 BROADWAY · NEW YORK, NY 10036

Advisory (Plan)

$68,992

STRATEGIC ADVISORS, INC.4+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$34,364

STOWE & DEGON, LLC1 year

Filed as: STOWE & DEGON LLC

Service code 10 · EIN 04-3379904

Accounting

$15,900

FIDELITY INVESTMENTS INSTITUTIONAL4+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$163,886

NATIONAL DENTEX CORPORATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL DENTEX CORPORATION 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