Retirement plan

DONEGAL CONSTRUCTION CORPORATION PROFIT SHARING PLAN

Name: DONEGAL CONSTRUCTION CORPORATION - DONEGAL CONSTRUCTION CORPORATION PROFIT SHARING PLAN (2024) Form 5500
Creator: DONEGAL CONSTRUCTION CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DONEGAL CONSTRUCTION CORPORATION PROFIT SHARING PLAN, DONEGAL CONSTRUCTION CORPORATION

DONEGAL CONSTRUCTION CORPORATIONEIN 25-1436046Plan #001PY 2024

9035 WADSWORTH PARKWAY, SUITE 2275 - WESTMINSTER, CO 80021720-312-9061

Prospect flagsLow returnsHigh feesHigh cash

How to read this page

Total assets (EOY)

$8.1M

-15.5% from 2023

Total participants

148

+3.5% from 2023

Average account balance

$54,691

-18.3% from 2023

Annual return

8.58%

-2.78 pp from 2023

Benchmarks

See 3,448 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,448 peers

Snapshot2024

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

Not enough data

0 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

-65.52%

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 3 by compensation

Provider	Service type	Compensation
COMMERCIAL BANK & TRUST OF PA10+ years Service code 27 · EIN 25-0415360 19 NORTH MAIN STREET · GREENSBURG, PA 15601	Advisory (Plan)	$28,102
RBC WEALTH MANAGEMENT6 years Service code 28 ONE PPG PLACE · PITTSBURGH, PA 15222	Investment Management	$17,811
FIRST NATIONAL TRUST COMPANY10+ years Service code 19 · EIN 20-0433578	Securities Custodian	$5,199

Plan features & details

Pension benefit codes2A2E3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 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.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$55K

$383 / participant

Investment mgmt$54K98.4%
Other / not subdivided$8591.6%

% of EOY assets

0.676%

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: GOFF BACKA ALFERA & COMPANY, LLC
Auditor EIN: 251871184
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,691

$80,731-32.3%

$103,378-47.1%

$74,400-26.5%

Participation rate

100.0%

65.7%+34.3pp

74.5%+25.5pp

67.2%+32.8pp

Annual return

8.58%

27.56%-19.0pp

24.91%-16.3pp

1367.51%-1358.9pp

Employer contribution / active EE

$3,506

$3,159+11.0%

$3,870-9.4%

$2,624+33.6%

Participant deferral / active EE

$3,862-100.0%

$5,058-100.0%

$4,348-100.0%

Admin fee / account holder

$370

$2,369-84.4%

$8,401-95.6%

$1,944-81.0%

Provider

Service type

Compensation

COMMERCIAL BANK & TRUST OF PA10+ years

Service code 27 · EIN 25-0415360

19 NORTH MAIN STREET · GREENSBURG, PA 15601

Advisory (Plan)

$28,102

RBC WEALTH MANAGEMENT6 years

Service code 28

ONE PPG PLACE · PITTSBURGH, PA 15222

Investment Management

$17,811

FIRST NATIONAL TRUST COMPANY10+ years

Service code 19 · EIN 20-0433578

Securities Custodian

$5,199

DONEGAL CONSTRUCTION CORPORATION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DONEGAL CONSTRUCTION CORPORATION 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