Retirement plan

DATTILO GROUP 401(K) PROFIT SHARING PLAN

Name: DGG PROPERTIES CO., INC - DATTILO GROUP 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: DGG PROPERTIES CO., INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DATTILO GROUP 401(K) PROFIT SHARING PLAN, DGG PROPERTIES CO., INC

DGG PROPERTIES CO., INCEIN 06-1205336Plan #001PY 2024

1525 BOSTON POST ROAD - WESTBROOK, CT 06498860-399-5901watersedge-resort.comLinkedIn501-1000 employeesreal estate

Prospect flagsLow returnsWind-down / frozen

How to read this page

Total assets (EOY)

$9.1M

+3.3% from 2023

Total participants

906

+3.7% from 2023

Average account balance

$10,448

-1.3% from 2023

Annual return

7.62%

-2.89 pp from 2023

Benchmarks

See 1,429 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort1,429 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.10M

Not enough data

1 years with asset history on file

Average account balance

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

$10K

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.

871

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.

78.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$322K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+7.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$57

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

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
FINANCIAL ENGINES1 year Filed as: EDELMAN FINANCIAL ENGINES, LLC Service code 13 · EIN 94-3250323	Contract Administrator	$49,544

Plan features & details

Pension benefit codes2A2E2F2G2J3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$50K

$310 / participant

Contract admin$49K97.2%
Other / not subdivided$1K2.8%

% of EOY assets

0.549%

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: REYNOLDS & ROWELLA, LLP
Auditor EIN: 061143555
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,448

$30,423-65.7%

$56,025-81.4%

$74,478-86.0%

Participation rate

78.3%

32.9%+45.4pp

52.5%+25.8pp

67.2%+11.0pp

Annual return

7.62%

24.97%-17.3pp

1712.69%-1705.1pp

1370.56%-1362.9pp

Employer contribution / active EE

$1,286

$610+110.7%

$1,042+23.5%

$2,626-51.0%

Participant deferral / active EE

$714

$1,176-39.3%

$1,955-63.5%

$4,350-83.6%

Admin fee / account holder

$57

$2,363-97.6%

$2,828-98.0%

$1,946-97.1%

Provider

Service type

Compensation

FINANCIAL ENGINES1 year

Filed as: EDELMAN FINANCIAL ENGINES, LLC

Service code 13 · EIN 94-3250323

Contract Administrator

$49,544

DATTILO GROUP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DATTILO GROUP 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