Retirement plan

DEISTER MACHINE COMPANY, INC. 401K SALARY REDUCTION PLAN AND TRUST

Name: DEISTER MACHINE COMPANY, INC. - DEISTER MACHINE COMPANY, INC. 401K SALARY REDUCTION PLAN AND TRUST (2016) Form 5500
Creator: DEISTER MACHINE COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEISTER MACHINE COMPANY, INC. 401K SALARY REDUCTION PLAN AND TRUST, DEISTER MACHINE COMPANY, INC.

DEISTER MACHINE COMPANY, INC.EIN 35-0266470Plan #001PY 2016

1933 E. WAYNE STREET - FORT WAYNE, IN 46803260-426-7495deistermachine.comLinkedIn201-500 employeesmining & metals

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$10.9M

No prior year

Total participants

260

No prior year

Average account balance

$43,857

No prior year

Annual return

8.65%

No prior year

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.56M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

352

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.

92.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.42M

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

+13.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$204

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 2 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY1+ years Filed as: JOHN HANCOCK RPS Service code 15 · EIN 01-0233346	Recordkeeping	$6,244
SMS RETIREMENT1+ years Filed as: SMS BENEFIT ADVISORS, LLC Service code 27 1933 E WAYNE STREET · FT WAYNE, IN 46803	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2T

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.

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$6K

$26 / participant

Contract admin$6K100.0%

% of EOY assets

0.057%

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: KATZ SAPPER MILLER, LLP
Auditor EIN: 351090346
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,857

$60,165-27.1%

$74,184-40.9%

$55,167-20.5%

Participation rate

94.9%

74.2%+20.8pp

76.6%+18.3pp

69.0%+25.9pp

Annual return

8.65%

10.00%-1.3pp

17.74%-9.1pp

169.23%-160.6pp

Employer contribution / active EE

$942

$1,600-41.1%

$2,370-60.2%

$1,963-52.0%

Participant deferral / active EE

$2,453

$2,973-17.5%

$3,550-30.9%

$3,054-19.7%

Admin fee / account holder

$25

$419-94.0%

$5,586-99.5%

$504-95.0%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY1+ years

Filed as: JOHN HANCOCK RPS

Service code 15 · EIN 01-0233346

Recordkeeping

$6,244

SMS RETIREMENT1+ years

Filed as: SMS BENEFIT ADVISORS, LLC

Service code 27

1933 E WAYNE STREET · FT WAYNE, IN 46803

Advisory (Plan)

DEISTER MACHINE COMPANY, INC. 401K SALARY REDUCTION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEISTER MACHINE COMPANY, INC. 401K SALARY REDUCTION PLAN AND TRUST

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