Retirement plan

DEALERON 401(K) PLAN

Name: DEALERON, INC. - DEALERON 401(K) PLAN (2020) Form 5500
Creator: DEALERON, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEALERON 401(K) PLAN, DEALERON, INC.

DEALERON, INC.EIN 06-1730666Plan #001PY 2020

7361 CALHOUN PL STE 420 - DERWOOD, MD 208552833877-543-4200dealeron.comLinkedIn201-500 employeesmarketing and advertising

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.6M

+48.7% from 2019

Total participants

362

+6.8% from 2019

Average account balance

$27,547

+39.0% from 2019

Annual return

23.95%

-6.61 pp from 2019

Benchmarks

See 2,819 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,819 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.23M

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.

433

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.

68.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.47M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+37.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$554

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 4 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY4 years Service code 13 · EIN 42-0127290	Contract Administrator	$48,819
MERRILL LYNCH PIERCE FENNER & SMITH4 years Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480	Other Services	$10,618
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH Service code 17 · EIN 13-5674085	Pension Consulting	$7,913
WILSHIRE ASSOCIATES INCORPORATED4 years Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$57K

$183 / participant

Investment mgmt$4K7.0%
Contract admin$49K86.0%
Other / not subdivided$4K7.0%

% of EOY assets

0.746%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BORMEL, GRICE & HUYETT, PA
Auditor EIN: 521544136
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,547

$100,801-72.7%

$149,745-81.6%

$73,412-62.5%

Participation rate

72.3%

77.7%-5.4pp

82.5%-10.2pp

72.2%+0.1pp

Annual return

23.95%

265.34%-241.4pp

276.72%-252.8pp

59.30%-35.3pp

Employer contribution / active EE

$2,001

$3,312-39.6%

$4,646-56.9%

$2,234-10.4%

Participant deferral / active EE

$3,702

$6,404-42.2%

$6,843-45.9%

$3,806-2.7%

Admin fee / account holder

$206

$181+13.7%

$9,312-97.8%

$158+30.2%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY4 years

Service code 13 · EIN 42-0127290

Contract Administrator

$48,819

MERRILL LYNCH PIERCE FENNER & SMITH4 years

Filed as: MERRILL LYNCH LIFE AGENCY INC

Service code 49 · EIN 13-2808480

Other Services

$10,618

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH

Service code 17 · EIN 13-5674085

Pension Consulting

$7,913

WILSHIRE ASSOCIATES INCORPORATED4 years

Service code 27 · EIN 95-2755361

Advisory (Plan)

DEALERON 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEALERON 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