Retirement plan

DEGOL ORGANIZATION LP 401K PROFIT SHARING PLAN

Name: THE DEGOL ORGANIZATION LP - DEGOL ORGANIZATION LP 401K PROFIT SHARING PLAN (2024) Form 5500
Creator: THE DEGOL ORGANIZATION LP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEGOL ORGANIZATION LP 401K PROFIT SHARING PLAN, THE DEGOL ORGANIZATION LP

THE DEGOL ORGANIZATION LPEIN 25-1683532Plan #001PY 2024

3229 PLEASANT VALLEY BOULEVARD - ALTOONA, PA 16602814-941-7777LinkedIn201-500 employeescomputer software

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$22.3M

+10.2% from 2023

Total participants

311

+1.3% from 2023

Average account balance

$85,457

+11.5% from 2023

Annual return

12.12%

-2.09 pp from 2023

Benchmarks

See 834 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort834 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.30M

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

261

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.

81.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$239

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 4 by compensation

Provider	Service type	Compensation
WILMINGTON TRUST4 years Filed as: WILMINGTON TRUST NATL ASSOCIATION Service code 22 · EIN 16-1486454	Insurance Broker	$45,607
NATIONWIDE10+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$45,058
SMITH ELLIOTT KEARNS & COMPANY LLC10+ years Service code 13 · EIN 52-0783935	Contract Administrator	$8,930
PETERSON ACCOUNTING GROUP PC7 years Service code 10 1603 N JUNIATA STREET · HOLLIDAYSBURG, PA 16648	Accounting	$7,166

Plan features & details

Pension benefit codes2E2F2G2J2K2T3B3D3H

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$62K

$236 / participant

Recordkeeping$9K13.8%
Investment mgmt$46K73.1%
Contract admin$1K1.6%
Other / not subdivided$7K11.5%

% of EOY assets

0.280%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PETERSON ACCOUNTING GROUP PC
Auditor EIN: 273938761
Audit fees: $7,166
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$85,457

$45,022+89.8%

$85,126+0.4%

$77,714+10.0%

Participation rate

81.1%

48.7%+32.4pp

67.5%+13.5pp

70.6%+10.5pp

Annual return

12.12%

79.38%-67.3pp

66.63%-54.5pp

31.26%-19.1pp

Employer contribution / active EE

$1,897

$1,610+17.8%

$2,731-30.5%

$2,727-30.4%

Participant deferral / active EE

$3,082

$2,811+9.6%

$4,523-31.9%

$4,649-33.7%

Admin fee / account holder

$239

$913-73.8%

$6,160-96.1%

$433-44.8%

Provider

Service type

Compensation

WILMINGTON TRUST4 years

Filed as: WILMINGTON TRUST NATL ASSOCIATION

Service code 22 · EIN 16-1486454

Insurance Broker

$45,607

NATIONWIDE10+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$45,058

SMITH ELLIOTT KEARNS & COMPANY LLC10+ years

Service code 13 · EIN 52-0783935

Contract Administrator

$8,930

PETERSON ACCOUNTING GROUP PC7 years

Service code 10

1603 N JUNIATA STREET · HOLLIDAYSBURG, PA 16648

Accounting

$7,166

DEGOL ORGANIZATION LP 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEGOL ORGANIZATION LP 401K 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