Retirement plan

USA DEBUSK, LLC RETIREMENT PLAN

Name: USA DEBUSK - USA DEBUSK, LLC RETIREMENT PLAN (2024) Form 5500
Creator: USA DEBUSK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, USA DEBUSK, LLC RETIREMENT PLAN, USA DEBUSK

USA DEBUSKEIN 27-3834406Plan #001PY 2024

1005 W. 8TH STREET - DEER PARK, TX 77536832-740-4205usadebusk.comLinkedIn1001-5000 employeesoil & energy

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$16.7M

+42.5% from 2023

Total participants

1,637

+7.8% from 2023

Average account balance

$33,555

+23.4% from 2023

Annual return

15.50%

-5.34 pp from 2023

Benchmarks

See 287 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants1,000-4,999

Cohort287 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.74M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

499

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.

26.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.31M

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

+15.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$67

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 1 by compensation

Provider	Service type	Compensation
MINNESOTA LIFE INSURANCE COMPANY10+ years Service code 12 · EIN 41-0417830	Claims processing; Custodial (other t...	$145,674

Plan features & details

Pension benefit codes2E2F2G2J3D2T3B

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.
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.

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

$34K

$22 / participant

Contract admin$34K100.0%

% of EOY assets

0.201%

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: CALVETTI FERGUSON
Auditor EIN: 134255527
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,555

$55,694-39.8%

$81,844-59.0%

$199,960-83.2%

Participation rate

26.7%

62.7%-35.9pp

72.4%-45.7pp

72.0%-45.3pp

Annual return

15.50%

19.59%-4.1pp

778.87%-763.4pp

34.28%-18.8pp

Employer contribution / active EE

$539

$2,114-74.5%

$2,916-81.5%

$3,036-82.3%

Participant deferral / active EE

$2,239

$3,299-32.1%

$4,323-48.2%

$5,087-56.0%

Admin fee / account holder

$67

$348-80.6%

$7,355-99.1%

$269-75.0%

Provider

Service type

Compensation

MINNESOTA LIFE INSURANCE COMPANY10+ years

Service code 12 · EIN 41-0417830

Claims processing; Custodial (other t...

$145,674

USA DEBUSK, LLC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

USA DEBUSK, LLC RETIREMENT 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