Retirement plan

DESHLER GROUP, INC. 401(K) PROFIT SHARING PLAN

Name: DESHLER GROUP, INC. - DESHLER GROUP, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: DESHLER GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DESHLER GROUP, INC. 401(K) PROFIT SHARING PLAN, DESHLER GROUP, INC.

DESHLER GROUP, INC.EIN 34-1029677Plan #001PY 2019

PO BOX 510630 - LIVONIA, MI 481516630734-525-9100deshlergroup.comLinkedIn501-1000 employeesautomotive

Prospect flagsLow returnsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$5M

+13.9% from 2018

Total participants

156

-51.4% from 2018

Average account balance

$37,886

+7.0% from 2018

Annual return

4.06%

-2.69 pp from 2018

Benchmarks

See 4,277 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,277 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.97M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

147

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.

41.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$767K

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

+44.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$88

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 3 by compensation

Provider	Service type	Compensation
SKILLMAN GROUP PLC1 year Service code 10 · EIN 38-3269666 2150 BUTTERFIELD DRIVE · TROY, MI 48084	Accounting	$50,650
THE BENEFIT ADVANTAGE, INC.1 year Service code 13 · EIN 38-3254950 3497 AUBURN ROAD · AUBURN HILLS, MI 48326	Contract Administrator	$9,683
ASCENSUS LLC4+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 200 DRYDEN ROAD · DRESHER, PA 19025	Recordkeeping	$2,867

Plan features & details

Pension benefit codes2E3D3H2F2G

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.
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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$63K

$411 / participant

Investment mgmt$63K100.0%

% of EOY assets

1.241%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SKILLMAN GROUP PLC
Auditor EIN: 383269666
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,886

$65,376-42.0%

$87,104-56.5%

$65,185-41.9%

Participation rate

84.9%

75.3%+9.5pp

76.9%+8.0pp

70.2%+14.7pp

Annual return

4.06%

31.27%-27.2pp

28.19%-24.1pp

29.38%-25.3pp

Employer contribution / active EE

$1,831

$1,822+0.5%

$2,521-27.4%

$2,177-15.9%

Participant deferral / active EE

$1,863

$3,388-45.0%

$4,048-54.0%

$3,514-47.0%

Admin fee / account holder

$470

$520-9.5%

$7,491-93.7%

$847-44.5%

Provider

Service type

Compensation

SKILLMAN GROUP PLC1 year

Service code 10 · EIN 38-3269666

2150 BUTTERFIELD DRIVE · TROY, MI 48084

Accounting

$50,650

THE BENEFIT ADVANTAGE, INC.1 year

Service code 13 · EIN 38-3254950

3497 AUBURN ROAD · AUBURN HILLS, MI 48326

Contract Administrator

$9,683

ASCENSUS LLC4+ years

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

200 DRYDEN ROAD · DRESHER, PA 19025

Recordkeeping

$2,867

DESHLER GROUP, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DESHLER GROUP, 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