Retirement plan

BARD MATERIALS 401(K) PLAN

Name: DYERSVILLE READY MIX, INC. - BARD MATERIALS 401(K) PLAN (2023) Form 5500
Creator: DYERSVILLE READY MIX, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BARD MATERIALS 401(K) PLAN, DYERSVILLE READY MIX, INC.

DYERSVILLE READY MIX, INC.EIN 42-0938288Plan #002PY 2023

P.O. BOX 246 - DYERSVILLE, IA 52040563-875-7146

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$31.6M

+26.5% from 2022

Total participants

291

+5.1% from 2022

Average account balance

$111,379

+18.5% from 2022

Annual return

22.95%

+43.93 pp from 2022

Benchmarks

See 1,153 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,153 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$37.85M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

295

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.

99.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.54M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+17.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$243

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
EDWARD JONES5 years Service code 27 · EIN 43-0345811 12555 MANCHESTER RD · ST LOUIS, MO 63131	Advisory (Plan)	$53,743
PACO INC3 years Filed as: PACO, INC. Service code 13 · EIN 42-1064080 1200 VALLEY WEST DRIVE STE 507 · WEST DES MOINES, IA 50266	Contract Administrator	$9,704

Plan features & details

Pension benefit codes2E2F2J2K2T3D3H

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).
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

$45K

$168 / participant

Contract admin$45K100.0%

% of EOY assets

0.144%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSENALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$111,379

$84,784+31.4%

$98,462+13.1%

$74,473+49.6%

Participation rate

97.4%

81.5%+15.9pp

75.2%+22.2pp

70.7%+26.7pp

Annual return

22.95%

20.59%+2.4pp

21.17%+1.8pp

34.36%-11.4pp

Employer contribution / active EE

$3,746

$3,364+11.4%

$3,049+22.9%

$2,638+42.0%

Participant deferral / active EE

$5,001

$5,218-4.2%

$4,738+5.5%

$4,530+10.4%

Admin fee / account holder

$160

$204-21.7%

$8,875-98.2%

$347-53.8%

Provider

Service type

Compensation

EDWARD JONES5 years

Service code 27 · EIN 43-0345811

12555 MANCHESTER RD · ST LOUIS, MO 63131

Advisory (Plan)

$53,743

PACO INC3 years

Filed as: PACO, INC.

Service code 13 · EIN 42-1064080

1200 VALLEY WEST DRIVE STE 507 · WEST DES MOINES, IA 50266

Contract Administrator

$9,704

BARD MATERIALS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BARD MATERIALS 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