Retirement plan

D.T. DAVIS ENTERPRISES RETIREMENT/SAVINGS PLAN

Name: D.T. DAVIS ENTERPRISES, LTD. - D.T. DAVIS ENTERPRISES RETIREMENT/SAVINGS PLAN (2022) Form 5500
Creator: D.T. DAVIS ENTERPRISES, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, D.T. DAVIS ENTERPRISES RETIREMENT/SAVINGS PLAN, D.T. DAVIS ENTERPRISES, LTD.

D.T. DAVIS ENTERPRISES, LTD.EIN 23-2897995Plan #001PY 2022

4482 INNOVATION WAY - ALLENTOWN, PA 18109800-471-2776

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.6M

-10.8% from 2021

Total participants

+6.1% from 2021

Average account balance

$183,174

-8.9% from 2021

Annual return

5.36%

-35.76 pp from 2021

Benchmarks

See 14,494 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,494 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.05M

Not enough data

1 years with asset history on file

Average account balance

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

$125K

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.

104

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.

115.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.58M

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

+4.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4558

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

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 codes2E3D2G2J2F2T

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

$2.3M

$49186 / participant

Other / not subdivided$2M100.0%

% of EOY assets

26.852%

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: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$183,174

$71,878+154.8%

$86,698+111.3%

$68,486+167.5%

Participation rate

89.4%

72.2%+17.1pp

76.6%+12.8pp

67.9%+21.5pp

Annual return

5.36%

3.53%+1.8pp

35.95%-30.6pp

-7.85%+13.2pp

Employer contribution / active EE

$7,168

$2,173+229.8%

$2,837+152.7%

$2,597+176.1%

Participant deferral / active EE

$8,703

$3,779+130.3%

$4,656+86.9%

$4,028+116.1%

Admin fee / account holder

$49,186

$6,113+704.7%

$7,493+556.5%

$5,404+810.2%

D.T. DAVIS ENTERPRISES RETIREMENT/SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

D.T. DAVIS ENTERPRISES RETIREMENT/SAVINGS 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