Retirement plan

DATTILO GROUP 401(K) PROFIT SHARING PLAN

Name: DGG PROPERTIES CO., INC - DATTILO GROUP 401(K) PROFIT SHARING PLAN (2020) 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 2020

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)

$8M

+8.4% from 2019

Total participants

816

+3.4% from 2019

Average account balance

$10,171

+4.2% from 2019

Annual return

8.29%

-7.77 pp from 2019

Benchmarks

See 881 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort881 peers

Snapshot2020

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 3 by compensation

Provider	Service type	Compensation
NEW ENGLAND PENSION CONSULTANTS6+ years Filed as: NEW ENGLAND PENSION PLAN SYSTEMS, L Service code 13 · EIN 05-0515232	Contract Administrator	$30,212
SERGIO DECURTIS6+ years Filed as: SERGIO A. DECURTIS Service code 28 · EIN 05-0515232	Investment Management	$11,772
MATRIX TRUST COMPANY1 year Service code 19 717 17TH STREET SUITE 1300 · DENVER, CO 80202	Securities Custodian	$5,886

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

$334 / participant

Investment mgmt$12K23.4%
Contract admin$14K26.8%
Other / not subdivided$25K49.8%

% of EOY assets

0.627%

all-in expense ratio

Categories reported

2 / 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: THOMAS M LUCARDI CPA
Auditor EIN: 823381067
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,171

$35,986-71.7%

$77,513-86.9%

$73,493-86.2%

Participation rate

82.8%

40.8%+41.9pp

54.2%+28.6pp

70.7%+12.1pp

Annual return

8.29%

19.26%-11.0pp

54.81%-46.5pp

28.51%-20.2pp

Employer contribution / active EE

$859

$557+54.1%

$987-12.9%

$2,270-62.2%

Participant deferral / active EE

$843

$1,198-29.6%

$1,861-54.7%

$3,740-77.5%

Admin fee / account holder

$64

$466-86.3%

$2,859-97.8%

$513-87.6%

Provider

Service type

Compensation

NEW ENGLAND PENSION CONSULTANTS6+ years

Filed as: NEW ENGLAND PENSION PLAN SYSTEMS, L

Service code 13 · EIN 05-0515232

Contract Administrator

$30,212

SERGIO DECURTIS6+ years

Filed as: SERGIO A. DECURTIS

Service code 28 · EIN 05-0515232

Investment Management

$11,772

MATRIX TRUST COMPANY1 year

Service code 19

717 17TH STREET SUITE 1300 · DENVER, CO 80202

Securities Custodian

$5,886

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