Retirement plan

DANKMEYER,INC EMPLOYEES' PROFIT SHARING RETIREMENT PLAN AND TRUST

Name: DANKMEYER, INC. - DANKMEYER,INC EMPLOYEES' PROFIT SHARING RETIREMENT PLAN AND TRUST (2020) Form 5500
Creator: DANKMEYER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DANKMEYER,INC EMPLOYEES' PROFIT SHARING RETIREMENT PLAN AND TRUST, DANKMEYER, INC.

DANKMEYER, INC.EIN 52-0728112Plan #001PY 2020

825 N. HAMMONDS FERRY ROAD - LINTHICUM, MD 210901355410-636-8114LinkedIn11-50 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5M

No prior year

Total participants

No prior year

Average account balance

$150,355

No prior year

Annual return

11.35%

+111.35 pp from 2016

Benchmarks

See 21,446 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,446 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.21M

Not enough data

1 years with asset history on file

Average account balance

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

$117K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$111K

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

-19.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6764

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 codes2E3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$278K

$12105 / participant

Other / not subdivided$278K100.0%

% of EOY assets

5.611%

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

$150,355

$112,131+34.1%

$95,964+56.7%

$158,982-5.4%

Participation rate

100.0%

79.0%+21.0pp

77.1%+22.9pp

82.0%+18.0pp

Annual return

11.35%

171.19%-159.8pp

91.64%-80.3pp

302.99%-291.6pp

Employer contribution / active EE

$2,837

$3,199-11.3%

$2,541+11.6%

$4,763-40.4%

Participant deferral / active EE

$4,149

$4,784-13.3%

$4,167-0.4%

$5,983-30.7%

Admin fee / account holder

$8,437

$10,136-16.8%

$6,797+24.1%

$11,252-25.0%

DANKMEYER,INC EMPLOYEES' PROFIT SHARING RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DANKMEYER,INC EMPLOYEES' PROFIT SHARING RETIREMENT PLAN AND TRUST

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