Retirement plan

DASCOM AMERICAS CORPORATION 401(K) PLAN

Name: DASCOM AMERICAS SBI, LLC - DASCOM AMERICAS CORPORATION 401(K) PLAN (2023) Form 5500
Creator: DASCOM AMERICAS SBI, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DASCOM AMERICAS CORPORATION 401(K) PLAN, DASCOM AMERICAS SBI, LLC

DASCOM AMERICAS SBI, LLCEIN 36-4713076Plan #001PY 2023

PERSONAL AND CONFIDENTIAL 34 LAKEVI - VERONA, VA 244822668805-241-1721dascomla.comLinkedIn11-50 employeescomputer software

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$2.1M

+10.6% from 2022

Total participants

+3.4% from 2022

Average account balance

$90,540

+1.0% from 2022

Annual return

15.68%

+35.54 pp from 2022

Benchmarks

See 8,683 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,683 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.75M

Not enough data

1 years with asset history on file

Average account balance

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

$115K

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.

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.

104.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$186K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+25.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1879

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2K3H

Plan features

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.
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

2 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.)

Expense breakdown

Schedule H Part II

Admin total

$267K

$11615 / participant

Other / not subdivided$267K100.0%

% of EOY assets

12.829%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$90,540

$118,496-23.6%

$98,461-8.0%

$139,466-35.1%

Participation rate

69.6%

77.5%-7.9pp

75.2%-5.6pp

80.3%-10.8pp

Annual return

15.68%

18.96%-3.3pp

21.17%-5.5pp

373.66%-358.0pp

Employer contribution / active EE

$2,457

$3,611-32.0%

$3,049-19.4%

$4,754-48.3%

Participant deferral / active EE

$4,676

$5,393-13.3%

$4,738-1.3%

$6,712-30.3%

Admin fee / account holder

$11,615

$14,056-17.4%

$8,961+29.6%

$11,409+1.8%

DASCOM AMERICAS CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DASCOM AMERICAS CORPORATION 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