Retirement plan

DELAWARE PARK & AFFILIATES 401(K) PLAN

Name: DELAWARE PARK MANAGEMENT COMPANY, LLC - DELAWARE PARK & AFFILIATES 401(K) PLAN (2024) Form 5500
Creator: DELAWARE PARK MANAGEMENT COMPANY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DELAWARE PARK & AFFILIATES 401(K) PLAN, DELAWARE PARK MANAGEMENT COMPANY, LLC

DELAWARE PARK MANAGEMENT COMPANY, LLCEIN 11-3790086Plan #001PY 2024

777 DELAWARE PARK BLVD. - WILMINGTON, DE 19804302-994-2521LinkedIn1001-5000 employeeshuman resources

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$42.6M

+3.5% from 2023

Total participants

950

-0.5% from 2023

Average account balance

$71,780

+1.8% from 2023

Annual return

13.79%

-3.16 pp from 2023

Benchmarks

See 834 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort834 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$42.64M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

594

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.

54.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.87M

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

+13.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$34

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
KATHMERE CAPITAL MANAGEMENT5 years Filed as: KATHMERE CAPITAL MANAGEMENT LLC Service code 27 435 DEVON PARK DR STE 715 · WAYNE, PA 190871946	Advisory (Plan)	$63,567
DELAWARE INVESTMENTS1 year Filed as: DELAWARE PARK MANAGEMENT COMPANY LL Service code 99 777 DELAWARE PARK BLVD · WILMINGTON, DE 19804	Other Fees	$23,000
AMERICAN FUNDS6 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS. Service code 25 · EIN 82-4555287	Directed Trustee	$10,487

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3B3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$20K

$26 / participant

Contract admin$10K47.7%
Other / not subdivided$11K52.3%

% of EOY assets

0.048%

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: ERNST & YOUNG US LLP
Auditor EIN: 346565596
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,780

$45,022+59.4%

$85,126-15.7%

$77,714-7.6%

Participation rate

54.2%

48.7%+5.5pp

67.5%-13.3pp

70.6%-16.4pp

Annual return

13.79%

79.38%-65.6pp

66.63%-52.8pp

31.26%-17.5pp

Employer contribution / active EE

$564

$1,610-64.9%

$2,731-79.3%

$2,727-79.3%

Participant deferral / active EE

$1,847

$2,811-34.3%

$4,523-59.2%

$4,649-60.3%

Admin fee / account holder

$34

$913-96.2%

$6,160-99.4%

$433-92.1%

Provider

Service type

Compensation

KATHMERE CAPITAL MANAGEMENT5 years

Filed as: KATHMERE CAPITAL MANAGEMENT LLC

Service code 27

435 DEVON PARK DR STE 715 · WAYNE, PA 190871946

Advisory (Plan)

$63,567

DELAWARE INVESTMENTS1 year

Filed as: DELAWARE PARK MANAGEMENT COMPANY LL

Service code 99

777 DELAWARE PARK BLVD · WILMINGTON, DE 19804

Other Fees

$23,000

AMERICAN FUNDS6 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS.

Service code 25 · EIN 82-4555287

Directed Trustee

$10,487

DELAWARE PARK & AFFILIATES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DELAWARE PARK & AFFILIATES 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