Retirement plan

D'ALLESSANDRO CORP. 401(K) PROFIT SHARING PLAN

Name: D'ALLESSANDRO CORP. - D'ALLESSANDRO CORP. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: D'ALLESSANDRO CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, D'ALLESSANDRO CORP. 401(K) PROFIT SHARING PLAN, D'ALLESSANDRO CORP.

D'ALLESSANDRO CORP.EIN 04-2958565Plan #002PY 2020

254 PLEASANT STREET - WEST BRIDGEWATER, MA 02379508-559-6400LinkedIn51-200 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12M

+12.5% from 2019

Total participants

144

-10.6% from 2019

Average account balance

$98,010

+17.1% from 2019

Annual return

15.74%

+18.25 pp from 2019

Benchmarks

See 16,249 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort16,249 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.30M

Not enough data

1 years with asset history on file

Average account balance

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

$115K

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.

116

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.

80.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$937K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+11.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$607

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 10 of 15 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.4 years Filed as: MASSACHUSETTS MUTUAL LIFE INS. CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$38,919
ROCKLAND TRUST4 years Filed as: ROCKLAND TRUST CO Service code 27 · EIN 04-1782600	Advisory (Plan)	$17,054
ROCKLAND TRUST5 years Filed as: ROCKLAND TRUST CO. Service code 27	Advisory (Plan)	$4,316
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY INS SERVICES INC Service code 53	Insurance Commissions	$4,011
THE ANGELL PENSION GROUP, INC.4 years Service code 13 88 BOYD AVENUE · EAST PROVIDENCE, RI 02814	Contract Administrator	$1,000
MASSACHUSETTS MUTUAL LIFE INS. CO.4 years Service code 52	Indirect Investment Fees	$77
AMERICAN CENTURY4 years Service code 52 · EIN 43-1646043	Indirect Investment Fees	$0
AMERICAN FUNDS4 years Service code 52 · EIN 95-2817150	Indirect Investment Fees	$0
CHARLES SCHWAB & CO., INC.2 years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0
JANUS HENDERSON4 years Service code 52 · EIN 84-0592523	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$56K

$683 / participant

Other / not subdivided$56K100.0%

% of EOY assets

0.468%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: LMHS, P.C.
Auditor EIN: 042971374
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$98,010

$72,273+35.6%

$101,275-3.2%

$79,856+22.7%

Participation rate

73.2%

68.5%+4.7pp

75.8%-2.6pp

69.6%+3.5pp

Annual return

15.74%

22.30%-6.6pp

46.48%-30.7pp

31.71%-16.0pp

Employer contribution / active EE

$3,234

$2,691+20.2%

$3,660-11.6%

$2,471+30.9%

Participant deferral / active EE

$3,815

$3,282+16.2%

$4,371-12.7%

$3,741+2.0%

Admin fee / account holder

$459

$4,401-89.6%

$5,948-92.3%

$5,306-91.4%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.4 years

Filed as: MASSACHUSETTS MUTUAL LIFE INS. CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$38,919

ROCKLAND TRUST4 years

Filed as: ROCKLAND TRUST CO

Service code 27 · EIN 04-1782600

Advisory (Plan)

$17,054

ROCKLAND TRUST5 years

Filed as: ROCKLAND TRUST CO.

Service code 27

Advisory (Plan)

$4,316

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY INS SERVICES INC

Service code 53

Insurance Commissions

$4,011

THE ANGELL PENSION GROUP, INC.4 years

Service code 13

88 BOYD AVENUE · EAST PROVIDENCE, RI 02814

Contract Administrator

$1,000

MASSACHUSETTS MUTUAL LIFE INS. CO.4 years

Service code 52

Indirect Investment Fees

$77

AMERICAN CENTURY4 years

Service code 52 · EIN 43-1646043

Indirect Investment Fees

AMERICAN FUNDS4 years

Service code 52 · EIN 95-2817150

Indirect Investment Fees

CHARLES SCHWAB & CO., INC.2 years

Service code 59 · EIN 94-1737782

Shareholder Servicing

JANUS HENDERSON4 years

Service code 52 · EIN 84-0592523

Indirect Investment Fees

D'ALLESSANDRO CORP. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

D'ALLESSANDRO CORP. 401(K) PROFIT SHARING 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