Retirement plan

DINSDALE FINANCIAL INSTITUTIONS 401(K) PROFIT SHARING PLAN

Name: DINSDALE FINANCIAL INSTITUTIONS - DINSDALE FINANCIAL INSTITUTIONS 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: DINSDALE FINANCIAL INSTITUTIONS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DINSDALE FINANCIAL INSTITUTIONS 401(K) PROFIT SHARING PLAN, DINSDALE FINANCIAL INSTITUTIONS

DINSDALE FINANCIAL INSTITUTIONSEIN 47-0759612Plan #002PY 2022

PO BOX 28 - CENTRAL CITY, NE 68826308-946-3883

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$267.3M

-12.9% from 2016

Total participants

2,939

-3.6% from 2016

Average account balance

$91,414

-9.8% from 2016

Annual return

-15.49%

-9.14 pp from 2016

Benchmarks

See 336 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort336 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$358.45M

Not enough data

1 years with asset history on file

Average account balance

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

$134K

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.

2,683

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.

98.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20.57M

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

+14.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$129

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 4 by compensation

Provider	Service type	Compensation
ALLEN, GIBBS & HOULIK, L.C.8+ years Service code 15 301 N. MAIN, SUITE 1700 · WICHITA, KS 67202	Recordkeeping	$200,288
ADP BROKER-DEALER8+ years Filed as: PENSION CONSULTANTS Service code 27 · EIN 43-1685158	Advisory (Plan)	$40,500
AGH WEALTH ADVISORS, LLC8+ years Service code 26 301 N. MAIN, SUITE 1700 · WICHITA, KS 67202	Advisory (Participants)	$22,890
EIDE BAILLY LLP1 year Filed as: EIDEBAILLY, LLP Service code 10 18081 BURT STREET, SUITE 200 · OMAHA, NE 68022	Accounting	$17,000

Plan features & details

Pension benefit codes2E2F2G2J2K3H3D

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.
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 cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$282K

$135 / participant

Investment mgmt$63K22.5%
Other / not subdivided$219K77.5%

% of EOY assets

0.106%

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: EIDE BAILLY LLP
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$91,414

$37,418+144.3%

$77,113+18.5%

$77,906+17.3%

Participation rate

99.3%

46.9%+52.4pp

67.9%+31.4pp

73.7%+25.6pp

Annual return

-15.49%

-7.13%-8.4pp

42.37%-57.9pp

12.16%-27.6pp

Employer contribution / active EE

$3,572

$1,200+197.7%

$2,815+26.9%

$2,846+25.5%

Participant deferral / active EE

$5,594

$2,572+117.5%

$4,430+26.3%

$4,805+16.4%

Admin fee / account holder

$96

$126-23.5%

$5,445-98.2%

$133-27.2%

Provider

Service type

Compensation

ALLEN, GIBBS & HOULIK, L.C.8+ years

Service code 15

301 N. MAIN, SUITE 1700 · WICHITA, KS 67202

Recordkeeping

$200,288

ADP BROKER-DEALER8+ years

Filed as: PENSION CONSULTANTS

Service code 27 · EIN 43-1685158

Advisory (Plan)

$40,500

AGH WEALTH ADVISORS, LLC8+ years

Service code 26

301 N. MAIN, SUITE 1700 · WICHITA, KS 67202

Advisory (Participants)

$22,890

EIDE BAILLY LLP1 year

Filed as: EIDEBAILLY, LLP

Service code 10

18081 BURT STREET, SUITE 200 · OMAHA, NE 68022

Accounting

$17,000

DINSDALE FINANCIAL INSTITUTIONS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DINSDALE FINANCIAL INSTITUTIONS 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