Retirement plan

DURAEDGE PRODUCTS, INCORPORATED 401(K) PROFIT SHARING PLAN

Name: DURAEDGE PRODUCTS, INCORPORATED - DURAEDGE PRODUCTS, INCORPORATED 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: DURAEDGE PRODUCTS, INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DURAEDGE PRODUCTS, INCORPORATED 401(K) PROFIT SHARING PLAN, DURAEDGE PRODUCTS, INCORPORATED

DURAEDGE PRODUCTS, INCORPORATEDEIN 45-5247306Plan #001PY 2024

149 SOUTH BROAD STREET - GROVE CITY, PA 16127866-867-0052duraedge.comLinkedIn51-200 employeessports

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2M

+30.1% from 2023

Total participants

0.0% from 2023

Average account balance

$40,973

+27.4% from 2023

Annual return

11.92%

-15.07 pp from 2023

Benchmarks

See 18,536 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,536 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.97M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

94.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$407K

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

+11.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2760

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 codes2E2F2J2T3D3H

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.
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

1 tripped

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

$132K

$2597 / participant

Other / not subdivided$132K100.0%

% of EOY assets

6.735%

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

$40,973

$81,476-49.7%

$102,383-60.0%

$80,925-49.4%

Participation rate

82.4%

66.8%+15.5pp

74.5%+7.8pp

67.7%+14.7pp

Annual return

11.92%

25.59%-13.7pp

24.94%-13.0pp

35.65%-23.7pp

Employer contribution / active EE

$2,647

$3,105-14.7%

$3,870-31.6%

$2,756-3.9%

Participant deferral / active EE

$5,332

$3,871+37.7%

$5,060+5.4%

$4,299+24.0%

Admin fee / account holder

$2,760

$6,717-58.9%

$8,391-67.1%

$6,940-60.2%

DURAEDGE PRODUCTS, INCORPORATED 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DURAEDGE PRODUCTS, INCORPORATED 401(K) PROFIT SHARING 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