Retirement plan

DAKOTA MANUFACTURING COMPANY, INC. 401(K) PROFIT SHARING PLAN

Name: DAKOTA MANUFACTURING COMPANY, INC. - DAKOTA MANUFACTURING COMPANY, INC. 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: DAKOTA MANUFACTURING COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAKOTA MANUFACTURING COMPANY, INC. 401(K) PROFIT SHARING PLAN, DAKOTA MANUFACTURING COMPANY, INC.

DAKOTA MANUFACTURING COMPANY, INC.EIN 46-0277591Plan #001PY 2015

P.O. BOX 1188, 1909 SOUTH ROWLEY - MITCHELL, SD 57301605-996-5571traileze.comLinkedIn201-500 employeestransportation/trucking/railroad

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7.4M

No prior year

Total participants

113

No prior year

Average account balance

$65,226

No prior year

Annual return

2.28%

No prior year

Benchmarks

See 13,685 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort13,685 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.23M

Not enough data

1 years with asset history on file

Average account balance

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

$106K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$869K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+10.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16082

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

Top 3 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 PO BOX 9394 · DES MOINES, IA 50306	Contract Administrator	$23,324
RETIREMENT, LLC1+ years Filed as: RETIREMENT, LLC SERIES TWO Service code 13 · EIN 26-3723532 13838 QUAIL POINTE DRIVE, ST B · OKLAHOMA CITY, OK 73134	Contract Administrator	$10,294
WILSHIRE ASSOCIATES INCORPORATED1+ years Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$31K

$318 / participant

Contract admin$31K100.0%

% of EOY assets

0.418%

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: ELO PROF. LLC
Auditor EIN: 460434947
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,226

$56,197+16.1%

$67,652-3.6%

$59,633+9.4%

Participation rate

100.0%

71.5%+28.5pp

75.7%+24.3pp

68.7%+31.3pp

Annual return

2.28%

18508.10%-18505.8pp

6625.40%-6623.1pp

2041.45%-2039.2pp

Employer contribution / active EE

$2,662

$1,615+64.9%

$2,266+17.5%

$2,203+20.9%

Participant deferral / active EE

$2,619

$2,844-7.9%

$3,560-26.4%

$3,192-17.9%

Admin fee / account holder

$273

$3,958-93.1%

$4,821-94.3%

$4,297-93.7%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1+ years

Service code 13 · EIN 42-0127290

PO BOX 9394 · DES MOINES, IA 50306

Contract Administrator

$23,324

RETIREMENT, LLC1+ years

Filed as: RETIREMENT, LLC SERIES TWO

Service code 13 · EIN 26-3723532

13838 QUAIL POINTE DRIVE, ST B · OKLAHOMA CITY, OK 73134

Contract Administrator

$10,294

WILSHIRE ASSOCIATES INCORPORATED1+ years

Service code 27 · EIN 95-2755361

Advisory (Plan)

DAKOTA MANUFACTURING COMPANY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAKOTA MANUFACTURING COMPANY, INC. 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