Retirement plan

DI SALVO ENGINEERING GROUP 401(K) PLAN.

Name: THE DI SALVO ENGINEERING GROUP, STRUCTURAL ENGINEE - DI SALVO ENGINEERING GROUP 401(K) PLAN. (2024) Form 5500
Creator: THE DI SALVO ENGINEERING GROUP, STRUCTURAL ENGINEE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DI SALVO ENGINEERING GROUP 401(K) PLAN., THE DI SALVO ENGINEERING GROUP, STRUCTURAL ENGINEE

THE DI SALVO ENGINEERING GROUP, STRUCTURAL ENGINEEEIN 06-1414629Plan #001PY 2024

93 LAKE AVENUE, SUITE 201 - DANBURY, CT 06810203-490-4140

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$5.1M

-2.7% from 2023

Total participants

-4.5% from 2023

Average account balance

$285,426

+13.5% from 2023

Annual return

16.64%

-6.23 pp from 2023

Benchmarks

See 144,092 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort144,092 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.14M

Not enough data

1 years with asset history on file

Average account balance

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

$285K

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.

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.

82.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$231K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+16.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$69460

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.3M

$73545 / participant

Other / not subdivided$1M100.0%

% of EOY assets

24.335%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$285,426

$159,934+78.5%

$147,005+94.2%

$145,959+95.6%

Participation rate

82.4%

84.0%-1.6pp

82.2%+0.2pp

80.3%+2.1pp

Annual return

16.64%

98.24%-81.6pp

418.76%-402.1pp

561.95%-545.3pp

Employer contribution / active EE

$2,839

$5,287-46.3%

$4,934-42.5%

$4,661-39.1%

Participant deferral / active EE

$10,743

$8,427+27.5%

$8,070+33.1%

$6,689+60.6%

Admin fee / account holder

$69,460

$15,053+361.4%

$13,006+434.0%

$13,398+418.4%

DI SALVO ENGINEERING GROUP 401(K) PLAN.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DI SALVO ENGINEERING GROUP 401(K) 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