Retirement plan

THE DINGLEY PRESS 401(K) RETIREMENT PLAN

Name: THE DINGLEY PRESS, INC. - THE DINGLEY PRESS 401(K) RETIREMENT PLAN (2023) Form 5500
Creator: THE DINGLEY PRESS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE DINGLEY PRESS 401(K) RETIREMENT PLAN, THE DINGLEY PRESS, INC.

THE DINGLEY PRESS, INC.EIN 46-3358200Plan #001PY 2023

119 LISBON STREET - LISBON, ME 04250207-353-1546dingley.comLinkedIn201-500 employeesprinting

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$12.9M

+12.0% from 2022

Total participants

393

-0.5% from 2022

Average account balance

$35,559

+13.0% from 2022

Annual return

15.43%

+30.42 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

$14.59M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

344

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.

91.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.14%

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 5 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS9+ years Service code 12 · EIN 13-3689044	Float revenue; Finders' fees / placem...	$33,370
RICHARD J. WOLF & COMPANY3 years Filed as: RICHARD BROTHERS FINANCIAL ADVISORS Service code 16 · EIN 01-0510740	Consulting	$28,159
ALBIN RANDALL & BENNETT1 year Filed as: ALBIN, RANDALL & BENNETT Service code 10 · EIN 01-0448006	Accounting	$8,000
MID ATLANTIC CAPITAL CORPORATION7 years Service code 33 · EIN 25-1409618	Securities brokerage commissions and ...	$0
NATIONAL FINANCIAL SERVICES9+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2F2G2J2T3D

Plan features

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.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant 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

$70K

$219 / participant

Recordkeeping$33K48.0%
Investment mgmt$28K40.5%
Other / not subdivided$8K11.5%

% of EOY assets

0.539%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ALBIN, RANDALL & BENNETT, CPAS
Auditor EIN: 010448006
Audit fees: $8,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,559

$84,784-58.1%

$98,461-63.9%

$74,460-52.2%

Participation rate

90.6%

81.5%+9.0pp

75.2%+15.4pp

70.7%+19.8pp

Annual return

15.43%

20.59%-5.2pp

21.17%-5.7pp

34.38%-19.0pp

Employer contribution / active EE

$983

$3,364-70.8%

$3,049-67.7%

$2,638-62.7%

Participant deferral / active EE

$2,785

$5,218-46.6%

$4,738-41.2%

$4,530-38.5%

Admin fee / account holder

$192

$204-6.3%

$8,961-97.9%

$348-44.9%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS9+ years

Service code 12 · EIN 13-3689044

Float revenue; Finders' fees / placem...

$33,370

RICHARD J. WOLF & COMPANY3 years

Filed as: RICHARD BROTHERS FINANCIAL ADVISORS

Service code 16 · EIN 01-0510740

Consulting

$28,159

ALBIN RANDALL & BENNETT1 year

Filed as: ALBIN, RANDALL & BENNETT

Service code 10 · EIN 01-0448006

Accounting

$8,000

MID ATLANTIC CAPITAL CORPORATION7 years

Service code 33 · EIN 25-1409618

Securities brokerage commissions and ...

NATIONAL FINANCIAL SERVICES9+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

THE DINGLEY PRESS 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE DINGLEY PRESS 401(K) RETIREMENT 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