Retirement plan

SHANNONDELL 401(K) PLAN

Name: DELL RETIREMENT SERVICES, INC - SHANNONDELL 401(K) PLAN (2024) Form 5500
Creator: DELL RETIREMENT SERVICES, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHANNONDELL 401(K) PLAN, DELL RETIREMENT SERVICES, INC

DELL RETIREMENT SERVICES, INCEIN 23-3082110Plan #001PY 2024

10000 SHANNONDELL DRIVE - AUDUBON, PA 19403610-728-5200LinkedIn201-500 employeeshospital & health care

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$18.2M

+13.1% from 2023

Total participants

610

+5.9% from 2023

Average account balance

$57,000

+9.9% from 2023

Annual return

11.97%

-4.60 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.24M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

320

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.

46.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.82M

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

+11.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$190

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 5 by compensation

Provider	Service type	Compensation
GLOBAL RETIREMENT PARTNERS LLC6 years Service code 27 4340 REDWOOD HWY · SAN RAFAEL, CA 94903	Advisory (Plan)	$27,993
DELL MARKETING LP1 year Filed as: DELL RETIREMENT SERVICES INC Service code 99 10000 SHANNONDELL DR · AUDUBON, PA 19403	Other Fees	$17,574
JPMORGAN INVEST HOLDINGS LLC1 year Service code 64 · EIN 13-2624428	Recordkeeping Fees	$15,051
ALLIANCE PENSION CONSULTANTS, LLC9 years Filed as: THE PARAGON ALLIANCE GROUP LLC Service code 13 300 HARLEYSVILLE PIKE · SOUDERTON, PA 18964	Contract Administrator	$4,197
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$160

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$61K

$112 / participant

Recordkeeping$23K37.0%
Investment mgmt$23K37.5%
Other / not subdivided$16K25.5%

% of EOY assets

0.333%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MAILLIE LLP
Auditor EIN: 231518888
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,000

$50,902+12.0%

$155,534-63.4%

$77,736-26.7%

Participation rate

46.7%

63.1%-16.4pp

78.2%-31.5pp

70.6%-23.9pp

Annual return

11.97%

34.85%-22.9pp

64.92%-53.0pp

31.26%-19.3pp

Employer contribution / active EE

$676

$1,991-66.1%

$4,675-85.5%

$2,728-75.2%

Participant deferral / active EE

$2,675

$2,824-5.3%

$5,630-52.5%

$4,651-42.5%

Admin fee / account holder

$190

$437-56.5%

$15,900-98.8%

$433-56.1%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC6 years

Service code 27

4340 REDWOOD HWY · SAN RAFAEL, CA 94903

Advisory (Plan)

$27,993

DELL MARKETING LP1 year

Filed as: DELL RETIREMENT SERVICES INC

Service code 99

10000 SHANNONDELL DR · AUDUBON, PA 19403

Other Fees

$17,574

JPMORGAN INVEST HOLDINGS LLC1 year

Service code 64 · EIN 13-2624428

Recordkeeping Fees

$15,051

ALLIANCE PENSION CONSULTANTS, LLC9 years

Filed as: THE PARAGON ALLIANCE GROUP LLC

Service code 13

300 HARLEYSVILLE PIKE · SOUDERTON, PA 18964

Contract Administrator

$4,197

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$160

SHANNONDELL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHANNONDELL 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