Retirement plan

DMD AMERICA, INC. 401(K) PROFIT SHARING PLAN

Name: DMD AMERICA, INC. - DMD AMERICA, INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: DMD AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DMD AMERICA, INC. 401(K) PROFIT SHARING PLAN, DMD AMERICA, INC.

DMD AMERICA, INC.EIN 16-1497775Plan #003PY 2022

100 LIMESTONE PLAZA, 2ND FLOOR - FAYETTEVILLE, NY 13066607-435-0177

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.4M

-7.2% from 2021

Total participants

-9.1% from 2021

Average account balance

$244,373

+2.1% from 2021

Annual return

-11.24%

-23.69 pp from 2021

Benchmarks

See 10,388 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort10,388 peers

Snapshot2022

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$3.84M

Not enough data

1 years with asset history on file

Average account balance

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

$320K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$178K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+12.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$88

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

See the 9-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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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

1 tripped

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

$37K

$4103 / participant

Other / not subdivided$37K100.0%

% of EOY assets

1.511%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$244,373

$99,640+145.3%

$86,436+182.7%

$134,475+81.7%

Participation rate

100.0%

82.0%+18.0pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-11.24%

6782.58%-6793.8pp

4394.89%-4406.1pp

417.96%-429.2pp

Employer contribution / active EE

$3,651

$4,400-17.0%

$3,769-3.1%

$4,740-23.0%

Participant deferral / active EE

$12,353

$7,246+70.5%

$6,952+77.7%

$6,400+93.0%

Admin fee / account holder

$3,692

$8,371-55.9%

$6,731-45.1%

$11,426-67.7%

DMD AMERICA, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DMD AMERICA, INC. 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