Retirement plan

DERSE, INC. RETIREMENT SAVINGS PLAN

Name: DERSE INC - DERSE, INC. RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: DERSE INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DERSE, INC. RETIREMENT SAVINGS PLAN, DERSE INC

DERSE INCEIN 39-1630582Plan #001PY 2016

3800 WEST CANAL STREET - MILWAUKEE, WI 53208800-562-2300derse.comLinkedIn501-1000 employeesevents services

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$43.5M

+6.9% from 2015

Total participants

570

+12.2% from 2015

Average account balance

$89,051

-10.1% from 2015

Annual return

9.03%

+9.47 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

$72.23M

Not enough data

1 years with asset history on file

Average account balance

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

$116K

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.

624

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.

97.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.14M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+13.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$226

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
NEWPORT GROUP, INC.2+ years Filed as: MATRIX FINANCIAL SOLUTIONS Service code 18	Custodial (securities); Other fees; C...	$22,972
CPI QUALIFIED PLAN CONSULTANTS, INC2+ years Service code 12 · EIN 48-1205033 1809 24TH STREET · GREAT BEND, KS 67530	Recordkeeping fees; Sub-transfer agen...	$7,799
ASSOCIATED TRUST COMPANY, N.A.1 year Service code 15 · EIN 30-0219031	Recordkeeping	$7,066

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$59K

$125 / participant

Investment mgmt$59K100.0%

% of EOY assets

0.137%

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: REILLY, PENNER & BENTON, LLP
Auditor EIN: 390747409
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$89,051

$80,177+11.1%

$123,894-28.1%

$57,658+54.4%

Participation rate

83.0%

74.4%+8.6pp

81.4%+1.6pp

70.2%+12.8pp

Annual return

9.03%

17.90%-8.9pp

47.52%-38.5pp

5.13%+3.9pp

Employer contribution / active EE

$1,745

$2,913-40.1%

$4,617-62.2%

$1,974-11.6%

Participant deferral / active EE

$3,408

$5,130-33.6%

$5,984-43.0%

$3,061+11.4%

Admin fee / account holder

$122

$106+14.4%

$8,357-98.5%

$95+28.7%

Provider

Service type

Compensation

NEWPORT GROUP, INC.2+ years

Filed as: MATRIX FINANCIAL SOLUTIONS

Service code 18

Custodial (securities); Other fees; C...

$22,972

CPI QUALIFIED PLAN CONSULTANTS, INC2+ years

Service code 12 · EIN 48-1205033

1809 24TH STREET · GREAT BEND, KS 67530

Recordkeeping fees; Sub-transfer agen...

$7,799

ASSOCIATED TRUST COMPANY, N.A.1 year

Service code 15 · EIN 30-0219031

Recordkeeping

$7,066

DERSE, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DERSE, INC. RETIREMENT SAVINGS 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