Retirement plan

DASH MARKETS 401(K) PROFIT SHARING PLAN

Name: DASH MARKETS INC. - DASH MARKETS 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: DASH MARKETS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DASH MARKETS 401(K) PROFIT SHARING PLAN, DASH MARKETS INC.

DASH MARKETS INC.EIN 16-0928497Plan #001PY 2024

1726 HERTEL AVENUE - BUFFALO, NY 14216716-834-0246dashsmarket.comLinkedIn11-50 employeessports

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$4.5M

+5.1% from 2023

Total participants

223

-11.2% from 2023

Average account balance

$28,777

+44.5% from 2023

Annual return

12.58%

-3.51 pp from 2023

Benchmarks

See 2,313 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,313 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.46M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

155

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.

63.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$302K

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

+12.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$205

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 2 by compensation

Provider	Service type	Compensation
DEFINITI LLC1 year Service code 15 3 HOLLAND ST · ERIE, PA 16507	Recordkeeping	$16,919
NORTHWEST BANK9 years Service code 21 800 STATE ST · ERIE, PA 16501	Bank Trustee	$14,806

Plan features & details

Pension benefit codes2E2G2J2S2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$32K

$171 / participant

Recordkeeping$17K53.3%
Trustee / custodial$15K46.7%

% of EOY assets

0.711%

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: COHEN AND COMPANY LTD
Auditor EIN: 365132517
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,777

$59,456-51.6%

$93,669-69.3%

$74,429-61.3%

Participation rate

63.2%

59.6%+3.6pp

68.7%-5.5pp

67.2%-4.0pp

Annual return

12.58%

82.00%-69.4pp

133.59%-121.0pp

1368.38%-1355.8pp

Employer contribution / active EE

$211

$1,266-83.4%

$2,424-91.3%

$2,625-92.0%

Participant deferral / active EE

$1,422

$3,052-53.4%

$4,416-67.8%

$4,348-67.3%

Admin fee / account holder

$205

$3,026-93.2%

$8,291-97.5%

$1,944-89.5%

Provider

Service type

Compensation

DEFINITI LLC1 year

Service code 15

3 HOLLAND ST · ERIE, PA 16507

Recordkeeping

$16,919

NORTHWEST BANK9 years

Service code 21

800 STATE ST · ERIE, PA 16501

Bank Trustee

$14,806

DASH MARKETS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DASH MARKETS 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