Retirement plan

D.W. TOOL, INC. SAVINGS PLAN

Name: D.W. TOOL, INC. - D.W. TOOL, INC. SAVINGS PLAN (2024) Form 5500
Creator: D.W. TOOL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, D.W. TOOL, INC. SAVINGS PLAN, D.W. TOOL, INC.

D.W. TOOL, INC.EIN 43-1149970Plan #001PY 2024

5830 STATE HIGHWAY V - JACKSON, MO 63755573-335-2400

Prospect flagsLow returnsLow assets / participantLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$3.2M

+24.8% from 2023

Total participants

151

+7.1% from 2023

Average account balance

$25,079

+9.9% from 2023

Annual return

-1.89%

-12.87 pp from 2023

Benchmarks

See 4,101 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,101 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.16M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

126

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.

80.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$109K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$835

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

-1.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$85

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
BUCKINGHAM STRATEGIC PARTNERS2 years Filed as: BUCKINGHAM ASSET MANAGEMENT Service code 16 8182 MARYLAND AVENUE, · ST. LOUIS, MO 63105	Consulting	$5,299
NEWPORT GROUP, INC.9+ years Service code 13 · EIN 27-2037969	Contract Administrator	$5,050

Plan features & details

Pension benefit codes2A2E2F2G2J2T3D3F

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$11K

$82 / participant

Recordkeeping$2K15.7%
Trustee / custodial$3923.6%
Investment mgmt$5K49.3%
Contract admin$3K31.3%

% of EOY assets

0.340%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: UHY LLP
Auditor EIN: 200694403
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,079

$79,209-68.3%

$102,434-75.5%

$74,459-66.3%

Participation rate

80.9%

74.8%+6.1pp

76.5%+4.4pp

67.2%+13.7pp

Annual return

-1.89%

54.98%-56.9pp

29.46%-31.4pp

1369.70%-1371.6pp

Employer contribution / active EE

$569

$2,362-75.9%

$3,023-81.2%

$2,626-78.3%

Participant deferral / active EE

$267

$4,417-94.0%

$5,055-94.7%

$4,350-93.9%

Admin fee / account holder

$85

$2,002-95.7%

$9,462-99.1%

$1,945-95.6%

Provider

Service type

Compensation

BUCKINGHAM STRATEGIC PARTNERS2 years

Filed as: BUCKINGHAM ASSET MANAGEMENT

Service code 16

8182 MARYLAND AVENUE, · ST. LOUIS, MO 63105

Consulting

$5,299

NEWPORT GROUP, INC.9+ years

Service code 13 · EIN 27-2037969

Contract Administrator

$5,050

D.W. TOOL, INC. SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

D.W. TOOL, INC. 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