Retirement plan

THE D & F DEVELOPMENT GROUP, LLC 401(K) PLAN

Name: THE D & F DEVELOPMENT GROUP, LLC - THE D & F DEVELOPMENT GROUP, LLC 401(K) PLAN (2024) Form 5500
Creator: THE D & F DEVELOPMENT GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE D & F DEVELOPMENT GROUP, LLC 401(K) PLAN, THE D & F DEVELOPMENT GROUP, LLC

THE D & F DEVELOPMENT GROUP, LLCEIN 20-1926884Plan #001PY 2024

100 SCHOOLHOUSE ROAD - LEVITTOWN, NY 11756516-437-0900thedfdgroup.comLinkedIn51-200 employeesgovernment administration

Prospect flagsLow assets / participantLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.2M

+17.1% from 2023

Total participants

277

+7.8% from 2023

Average account balance

$20,112

+10.7% from 2023

Annual return

12.79%

+1.07 pp from 2023

Benchmarks

See 665 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort665 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.21M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

259

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.

93.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$644K

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

+12.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$51

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
UNITED BENEFIT PENSIONS INC.1 year Filed as: UNITED BENEFIT PENSIONS INC Service code 49 175 BROADHOLLOW ROAD · MELVILLE, NY 11747	Other Services	$16,609
VOYA RETIREMENT INSURANCE & ANNUITY1 year Service code 27 · EIN 71-0294708	Advisory (Plan)	$10,214
AMERITAS LIFE INSURANCE CORP1 year Filed as: AMERITAS LIFE INSURACE CORP OF NY Service code 27 P.O. BOX 81889 · LINCOLN, NE 685011889	Advisory (Plan)	$4,949

Plan features & details

Pension benefit codes2E2G2J2K3D3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$13K

$51 / participant

Recordkeeping$13K100.0%

% of EOY assets

0.253%

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: WITHUM+BROWN, PC
Auditor EIN: 222027092
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,112

$62,686-67.9%

$178,540-88.7%

$77,736-74.1%

Participation rate

93.1%

66.9%+26.2pp

77.1%+16.0pp

70.6%+22.5pp

Annual return

12.79%

16.16%-3.4pp

27.15%-14.4pp

31.26%-18.5pp

Employer contribution / active EE

$1,103

$1,914-42.4%

$3,953-72.1%

$2,728-59.6%

Participant deferral / active EE

$1,366

$4,224-67.7%

$6,281-78.3%

$4,651-70.6%

Admin fee / account holder

$51

$386-86.8%

$10,424-99.5%

$433-88.2%

Provider

Service type

Compensation

UNITED BENEFIT PENSIONS INC.1 year

Filed as: UNITED BENEFIT PENSIONS INC

Service code 49

175 BROADHOLLOW ROAD · MELVILLE, NY 11747

Other Services

$16,609

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Service code 27 · EIN 71-0294708

Advisory (Plan)

$10,214

AMERITAS LIFE INSURANCE CORP1 year

Filed as: AMERITAS LIFE INSURACE CORP OF NY

Service code 27

P.O. BOX 81889 · LINCOLN, NE 685011889

Advisory (Plan)

$4,949

THE D & F DEVELOPMENT GROUP, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE D & F DEVELOPMENT GROUP, LLC 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