Retirement plan

DUKANE PRECAST, INC. MULTIPLE EMPLOYER 401(K) PLAN

Name: DUKANE PRECAST, INC. - DUKANE PRECAST, INC. MULTIPLE EMPLOYER 401(K) PLAN (2019) Form 5500
Creator: DUKANE PRECAST, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DUKANE PRECAST, INC. MULTIPLE EMPLOYER 401(K) PLAN, DUKANE PRECAST, INC.

DUKANE PRECAST, INC.EIN 36-3016884Plan #003PY 2019

1805 HIGH GROVE LANE - NAPERVILLE, IL 60540630-548-6502dukaneprecast.comLinkedIn201-500 employeesconstruction

Prospect flagsHigh feesLow participationCorrective distributions

How to read this page

Total assets (EOY)

$12.4M

+26.8% from 2018

Total participants

225

-2.6% from 2018

Average account balance

$84,702

+25.1% from 2018

Annual return

22.97%

+27.57 pp from 2018

Benchmarks

See 2,830 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,830 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.58M

Not enough data

1 years with asset history on file

Average account balance

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

$119K

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.

123

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.

53.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$646K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$652

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
FIRST MIDWEST BANK5+ years Service code 51 · EIN 36-2040807 2801 W. JEFFERSON STREET · JOLIET, IL 60435	Investment Mgmt Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K

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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$44K

$223 / participant

Other / not subdivided$44K100.0%

% of EOY assets

0.357%

all-in expense ratio

Categories reported

0 / 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: PICKER & ASSOCIATES, LLC
Auditor EIN: 455560310
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$84,702

$63,114+34.2%

$92,915-8.8%

$65,186+29.9%

Participation rate

60.1%

68.8%-8.7pp

76.0%-15.9pp

70.2%-10.1pp

Annual return

22.97%

28.75%-5.8pp

109.45%-86.5pp

29.39%-6.4pp

Employer contribution / active EE

$1,001

$2,571-61.0%

$3,653-72.6%

$2,177-54.0%

Participant deferral / active EE

$2,388

$3,108-23.2%

$4,238-43.7%

$3,514-32.1%

Admin fee / account holder

$302

$624-51.5%

$5,796-94.8%

$847-64.3%

Provider

Service type

Compensation

FIRST MIDWEST BANK5+ years

Service code 51 · EIN 36-2040807

2801 W. JEFFERSON STREET · JOLIET, IL 60435

Investment Mgmt Fees

DUKANE PRECAST, INC. MULTIPLE EMPLOYER 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DUKANE PRECAST, INC. MULTIPLE EMPLOYER 401(K) 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