Retirement plan

D & M TOOL CORPORATION 401(K) PROFIT SHARING PLAN

Name: D & M TOOL CORPORATION - D & M TOOL CORPORATION 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: D & M TOOL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, D & M TOOL CORPORATION 401(K) PROFIT SHARING PLAN, D & M TOOL CORPORATION

D & M TOOL CORPORATIONEIN 35-1383740Plan #001PY 2019

699 WASHBOARD RD. - SPRINGVILLE, IN 47462812-279-8882

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7.8M

+19.3% from 2018

Total participants

174

-7.0% from 2018

Average account balance

$60,978

+28.6% from 2018

Annual return

22.01%

+29.43 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

$8.72M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

130

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.

74.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$489K

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

+10.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$272

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
ASPIRE FINANCIAL SERVICES5+ years Filed as: ASPIRE FINANCIAL SERVICES LLC Service code 15 4010 BOY SCOUT BLVD., SUITE 450 · TAMPA, FL 33607	Recordkeeping	$16,043
CREATIVE BENEFIT STRATEGIES5+ years Service code 17 10155 BROADVIEW RD., SUITE 6 · BROADVIEW HEIGHTS, OH 44147	Pension Consulting	$10,157
CAMBRIDGE INVESTMENT RESEARCH5+ years Filed as: CAMBRIDGE INVESTMENT RESEARCH, INC. Service code 27 1776 PLEASANT PLAIN ROAD · FAIRFIELD, IA 525568757	Advisory (Plan)	$10,000

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$36K

$222 / participant

Investment mgmt$10K27.6%
Other / not subdivided$26K72.4%

% of EOY assets

0.464%

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: TURPEN&DECKARD, LLC
Auditor EIN: 463979441
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,978

$65,376-6.7%

$87,104-30.0%

$65,185-6.5%

Participation rate

71.8%

75.3%-3.6pp

76.9%-5.1pp

70.2%+1.6pp

Annual return

22.01%

31.27%-9.3pp

28.19%-6.2pp

29.38%-7.4pp

Employer contribution / active EE

$783

$1,822-57.0%

$2,521-69.0%

$2,177-64.0%

Participant deferral / active EE

$1,896

$3,388-44.1%

$4,048-53.2%

$3,514-46.1%

Admin fee / account holder

$283

$520-45.6%

$7,491-96.2%

$847-66.6%

Provider

Service type

Compensation

ASPIRE FINANCIAL SERVICES5+ years

Filed as: ASPIRE FINANCIAL SERVICES LLC

Service code 15

4010 BOY SCOUT BLVD., SUITE 450 · TAMPA, FL 33607

Recordkeeping

$16,043

CREATIVE BENEFIT STRATEGIES5+ years

Service code 17

10155 BROADVIEW RD., SUITE 6 · BROADVIEW HEIGHTS, OH 44147

Pension Consulting

$10,157

CAMBRIDGE INVESTMENT RESEARCH5+ years

Filed as: CAMBRIDGE INVESTMENT RESEARCH, INC.

Service code 27

1776 PLEASANT PLAIN ROAD · FAIRFIELD, IA 525568757

Advisory (Plan)

$10,000

D & M TOOL CORPORATION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

D & M TOOL CORPORATION 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