Retirement plan

DUTCHESS BEER DISTRIBUTORS, INC. PROFIT SHARING AND 401-K PLAN

Name: DUTCHESS BEER DISTRIBUTORS, INC. - DUTCHESS BEER DISTRIBUTORS, INC. PROFIT SHARING AND 401-K PLAN (2020) Form 5500
Creator: DUTCHESS BEER DISTRIBUTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DUTCHESS BEER DISTRIBUTORS, INC. PROFIT SHARING AND 401-K PLAN, DUTCHESS BEER DISTRIBUTORS, INC.

DUTCHESS BEER DISTRIBUTORS, INC.EIN 14-0623480Plan #002PY 2020

5 LAUREL STREET PO BOX 3289 - POUGHKEEPSIE, NY 12603845-452-0940LinkedIn1-10 employees

Other plans on this EIN

2 filings

#001Retirement-$12.0M assets #003Retirement-$2.1M assets

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$1.5M

+23.4% from 2019

Total participants

0.0% from 2019

Average account balance

$114,972

+32.9% from 2019

Annual return

25.12%

-2.87 pp from 2019

Benchmarks

See 22,196 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,196 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.66M

Not enough data

1 years with asset history on file

Average account balance

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

$138K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$50K

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

+23.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9520

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$54K

$4870 / participant

Other / not subdivided$54K100.0%

% of EOY assets

3.584%

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

$114,972

$162,812-29.4%

$133,971-14.2%

$158,966-27.7%

Participation rate

90.9%

83.2%+7.7pp

79.8%+11.1pp

82.0%+8.9pp

Annual return

25.12%

41.94%-16.8pp

45.09%-20.0pp

302.95%-277.8pp

Employer contribution / active EE

$879

$4,976-82.3%

$3,919-77.6%

$4,762-81.5%

Participant deferral / active EE

$2,152

$5,910-63.6%

$5,047-57.4%

$5,983-64.0%

Admin fee / account holder

$4,121

$11,741-64.9%

$8,929-53.8%

$11,250-63.4%

DUTCHESS BEER DISTRIBUTORS, INC. PROFIT SHARING AND 401-K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DUTCHESS BEER DISTRIBUTORS, INC. PROFIT SHARING AND 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