Retirement plan

THE DINSMORE & SHOHL LLP SAVINGS AND INVESTMENT PLAN

Name: DINSMORE & SHOHL LLP - THE DINSMORE & SHOHL LLP SAVINGS AND INVESTMENT PLAN (2024) Form 5500
Creator: DINSMORE & SHOHL LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE DINSMORE & SHOHL LLP SAVINGS AND INVESTMENT PLAN, DINSMORE & SHOHL LLP

DINSMORE & SHOHL LLPEIN 31-0263070Plan #003PY 2024

255 E. FIFTH STREET, SUITE 1900 - CINCINNATI, OH 45202513-977-8200dinsmore.comLinkedIn1001-5000 employeeslaw practice

Other plans on this EIN

1 filing

#004Retirement-$23.7M assets

Prospect flagsFailed to provide benefit

How to read this page

Total assets (EOY)

$472.2M

+10.5% from 2023

Total participants

2,304

+3.1% from 2023

Average account balance

$208,827

+6.8% from 2023

Annual return

15.58%

-7.36 pp from 2023

Benchmarks

See 949 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort949 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$472.16M

Not enough data

1 years with asset history on file

Average account balance

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

$209K

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.

2,261

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.

97.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$29.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+15.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$287

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 7 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.7 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$49,028
MARINER LLC7 years Filed as: MARINER WEALTH ADVISORS Service code 26 · EIN 20-4553256	Advisory (Participants)	$32,304
BAHL & GAYNOR10+ years Filed as: BAHL AND GAYNOR Service code 16 · EIN 31-1297139	Consulting	$30,912
HORAN SECURITIES INC10+ years Filed as: HORAN SECURITIES Service code 16 · EIN 31-1448612	Consulting	$26,000
AB FUNDS3 years Filed as: ALLIANCEBERNSTEIN LP Service code 28 · EIN 13-4064930	Investment Management	$6,152
CLARK, SCHAEFER, HACKETT & CO.9 years Filed as: CLARK SCHAEFFER HACKETT Service code 10 · EIN 31-0800053	Accounting	$5,500
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	-$196,626

Plan features & details

Pension benefit codes2F2G2J2T2R2E

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

1 tripped

ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.

Expense breakdown

Schedule H Part II

Admin total

$649K

$444 / participant

Investment mgmt$221K34.1%
Other / not subdivided$428K65.9%

% of EOY assets

0.138%

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: CLARK, SCHAEFER & HACKETT & CO
Auditor EIN: 310800053
Audit fees: $5,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$208,827

$122,219+70.9%

$147,096+42.0%

$199,921+4.5%

Participation rate

97.1%

78.3%+18.8pp

82.2%+14.9pp

72.0%+25.0pp

Annual return

15.58%

30.59%-15.0pp

419.75%-404.2pp

34.28%-18.7pp

Employer contribution / active EE

$9,999

$4,096+144.1%

$4,936+102.6%

$3,035+229.4%

Participant deferral / active EE

$9,862

$8,503+16.0%

$8,071+22.2%

$5,089+93.8%

Admin fee / account holder

$287

$179+60.3%

$13,005-97.8%

$269+6.7%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.7 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$49,028

MARINER LLC7 years

Filed as: MARINER WEALTH ADVISORS

Service code 26 · EIN 20-4553256

Advisory (Participants)

$32,304

BAHL & GAYNOR10+ years

Filed as: BAHL AND GAYNOR

Service code 16 · EIN 31-1297139

Consulting

$30,912

HORAN SECURITIES INC10+ years

Filed as: HORAN SECURITIES

Service code 16 · EIN 31-1448612

Consulting

$26,000

AB FUNDS3 years

Filed as: ALLIANCEBERNSTEIN LP

Service code 28 · EIN 13-4064930

Investment Management

$6,152

CLARK, SCHAEFER, HACKETT & CO.9 years

Filed as: CLARK SCHAEFFER HACKETT

Service code 10 · EIN 31-0800053

Accounting

$5,500

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$196,626

THE DINSMORE & SHOHL LLP SAVINGS AND INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE DINSMORE & SHOHL LLP SAVINGS AND INVESTMENT 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