Retirement plan

DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES

Name: DECAMP BUS LINES, INC. - DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES (2022) Form 5500
Creator: DECAMP BUS LINES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES, DECAMP BUS LINES, INC.

DECAMP BUS LINES, INC.EIN 22-0854630Plan #002PY 2022

P.O. BOX 581 - MONTCLAIR, NJ 07402973-783-7500decamp.comLinkedIn51-200 employeestransportation/trucking/railroad

Other plans on this EIN

2 filings

#001Retirement-$6.9M assets #003Retirement-$2.0M assets

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$3.6M

-23.0% from 2021

Total participants

109

-1.8% from 2021

Average account balance

$45,025

-10.6% from 2021

Annual return

-12.91%

-19.23 pp from 2021

Benchmarks

See 4,203 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,203 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-0.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Top 5 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC8+ years Filed as: UBS FINANCIAL SERVICES Service code 27	Advisory (Plan)	$9,724
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290	Contract Administrator	$7,202
INTAC ACTUARIAL SERVICES8+ years Service code 13 · EIN 22-2446239	Contract Administrator	$7,020
INTAC ACTUARIAL SERVICES6 years Filed as: INTAC ACTUARIAL SERVICES INC Service code 13	Contract Administrator	$1,187
UBS FINANCIAL SERVICES INC2 years Service code 27 · EIN 13-2638166	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2F2J2K2T

Plan features

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).
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.
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.

Opportunity flags

2 tripped

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

$39K

$545 / participant

Contract admin$14K36.3%
Other / not subdivided$25K63.7%

% of EOY assets

1.075%

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: MARCUM, LLP
Auditor EIN: 111986323
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,025

$48,235-6.7%

$68,803-34.6%

$68,490-34.3%

Participation rate

61.1%

60.7%+0.4pp

69.0%-7.9pp

67.9%-6.8pp

Annual return

-12.91%

-12.70%-0.2pp

-6.37%-6.5pp

-7.85%-5.1pp

Employer contribution / active EE

$2,446

$1,829+33.8%

$2,656-7.9%

$2,597-5.8%

Participant deferral / active EE

$1,967

$2,867-31.4%

$3,942-50.1%

$4,028-51.2%

Admin fee / account holder

$484

$4,361-88.9%

$4,936-90.2%

$5,403-91.0%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC8+ years

Filed as: UBS FINANCIAL SERVICES

Service code 27

Advisory (Plan)

$9,724

PRINCIPAL LIFE INSURANCE COMPANY8+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$7,202

INTAC ACTUARIAL SERVICES8+ years

Service code 13 · EIN 22-2446239

Contract Administrator

$7,020

INTAC ACTUARIAL SERVICES6 years

Filed as: INTAC ACTUARIAL SERVICES INC

Service code 13

Contract Administrator

$1,187

UBS FINANCIAL SERVICES INC2 years

Service code 27 · EIN 13-2638166

Advisory (Plan)

DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES

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