Retirement plan

DUMBAULD'S TIRE SERVICE, INC. 401(K) PROFIT SHARING PLAN

Name: DUMBAULD'S TIRE SERVICE, INC. - DUMBAULD'S TIRE SERVICE, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: DUMBAULD'S TIRE SERVICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DUMBAULD'S TIRE SERVICE, INC. 401(K) PROFIT SHARING PLAN, DUMBAULD'S TIRE SERVICE, INC.

DUMBAULD'S TIRE SERVICE, INC.EIN 25-1304240Plan #001PY 2020

1259 NORTH CENTER AVENUE, PO BOX 734 - SOMERSET, PA 15501814-445-7921LinkedIn11-50 employeesautomotive

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$1.5M

-16.3% from 2019

Total participants

+13.6% from 2019

Average account balance

$60,859

-26.4% from 2019

Annual return

5.62%

+3.81 pp from 2019

Benchmarks

See 18,875 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,875 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.03M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$105K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+8.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$101

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 codes2E2H2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.

Opportunity flags

2 tripped

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

$489K

$30538 / participant

Other / not subdivided$489K100.0%

% of EOY assets

32.114%

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

$60,859

$112,915-46.1%

$90,965-33.1%

$158,950-61.7%

Participation rate

100.0%

74.7%+25.3pp

69.0%+31.0pp

82.0%+18.0pp

Annual return

5.62%

215.75%-210.1pp

134.57%-128.9pp

302.91%-297.3pp

Employer contribution / active EE

$4,816

$2,894+66.4%

$2,122+126.9%

$4,762+1.1%

Participant deferral / active EE

$804

$4,128-80.5%

$3,373-76.2%

$5,983-86.6%

Admin fee / account holder

$19,544

$8,044+143.0%

$5,960+227.9%

$11,248+73.8%

DUMBAULD'S TIRE SERVICE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DUMBAULD'S TIRE SERVICE, INC. 401(K) PROFIT SHARING 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