Retirement plan

DIVERSIFIED EMPLOYEE SOLUTIONS 401K RETIREMENT PLAN

Name: DIVERSIFIED EMPLOYEE SOLUTIONS, INC - DIVERSIFIED EMPLOYEE SOLUTIONS 401K RETIREMENT PLAN (2016) Form 5500
Creator: DIVERSIFIED EMPLOYEE SOLUTIONS, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DIVERSIFIED EMPLOYEE SOLUTIONS 401K RETIREMENT PLAN, DIVERSIFIED EMPLOYEE SOLUTIONS, INC

DIVERSIFIED EMPLOYEE SOLUTIONS, INCEIN 34-1838779Plan #001PY 2016

3745 MEDINA ROAD - MEDINA, OH 44256330-764-3193

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$11.5M

+18.6% from 2015

Total participants

513

+8.0% from 2015

Average account balance

$33,753

+9.2% from 2015

Annual return

10.01%

+20.31 pp from 2015

Benchmarks

See 2,524 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,524 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.58M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

230

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.

52.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$917K

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

+12.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$331

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
JOHN HANCOCK LIFE INSURANCE COMPANY2+ years Service code 15 · EIN 01-0233346	Recordkeeping	$1,548

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

$58K

$134 / participant

Contract admin$43K74.7%
Other / not subdivided$15K25.3%

% of EOY assets

0.501%

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: RW CORWIN & COMPANY, INC.
Auditor EIN: 341630230
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,753

$80,177-57.9%

$123,894-72.8%

$57,658-41.5%

Participation rate

59.9%

74.4%-14.5pp

81.4%-21.5pp

70.2%-10.3pp

Annual return

10.01%

17.90%-7.9pp

47.52%-37.5pp

5.13%+4.9pp

Employer contribution / active EE

$883

$2,913-69.7%

$4,617-80.9%

$1,974-55.3%

Participant deferral / active EE

$2,122

$5,130-58.6%

$5,984-64.5%

$3,061-30.7%

Admin fee / account holder

$169

$106+59.0%

$8,357-98.0%

$95+78.8%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY2+ years

Service code 15 · EIN 01-0233346

Recordkeeping

$1,548

DIVERSIFIED EMPLOYEE SOLUTIONS 401K RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DIVERSIFIED EMPLOYEE SOLUTIONS 401K 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