Retirement plan

DICAR, INC. 401(K) PLAN

Name: DICAR, INC. - DICAR, INC. 401(K) PLAN (2021) Form 5500
Creator: DICAR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DICAR, INC. 401(K) PLAN, DICAR, INC.

DICAR, INC.EIN 22-1894940Plan #003PY 2021

30 CHAPIN ROAD, SUITE 1212, PO BOX 643 - PINE BROOK, NJ 07058973-575-1377dicar.comLinkedIn51-200 employeespackaging and containers

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$9M

+8.1% from 2020

Total participants

125

-6.7% from 2020

Average account balance

$72,667

+16.8% from 2020

Annual return

9.38%

-1.17 pp from 2020

Benchmarks

See 4,053 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,053 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.72M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

128

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.

73.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$374K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$142

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
EISNERAMPER LLP1 year Service code 10 · EIN 87-1363769	Accounting	$31,063
FIDELITY INVESTMENTS INSTITUTIONAL3 years Service code 37 · EIN 04-2647786	Loan Processing	$22,355

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

2 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$53K

$530 / participant

Investment mgmt$730.1%
Other / not subdivided$53K99.9%

% of EOY assets

0.594%

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: EISNERAMPER LLP
Auditor EIN: 871363769
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$72,667

$84,940-14.4%

$111,306-34.7%

$79,389-8.5%

Participation rate

99.0%

75.9%+23.2pp

77.3%+21.7pp

70.7%+28.3pp

Annual return

9.38%

17.45%-8.1pp

54.67%-45.3pp

116.89%-107.5pp

Employer contribution / active EE

$1,878

$1,979-5.1%

$2,732-31.2%

$2,428-22.6%

Participant deferral / active EE

$2,537

$3,889-34.7%

$4,488-43.5%

$4,046-37.3%

Admin fee / account holder

$431

$537-19.7%

$7,966-94.6%

$626-31.1%

Provider

Service type

Compensation

EISNERAMPER LLP1 year

Service code 10 · EIN 87-1363769

Accounting

$31,063

FIDELITY INVESTMENTS INSTITUTIONAL3 years

Service code 37 · EIN 04-2647786

Loan Processing

$22,355

DICAR, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DICAR, INC. 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