Retirement plan

DANIEL G. SCHUSTER LLC 401(K) SALARY REDUCTION PLAN

Name: DANIEL G. SCHUSTER, LLC - DANIEL G. SCHUSTER LLC 401(K) SALARY REDUCTION PLAN (2017) Form 5500
Creator: DANIEL G. SCHUSTER, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DANIEL G. SCHUSTER LLC 401(K) SALARY REDUCTION PLAN, DANIEL G. SCHUSTER, LLC

DANIEL G. SCHUSTER, LLCEIN 52-1042778Plan #001PY 2017

3717 CRONDALL LANE, SUITE B - OWINGS MILLS, MD 21117410-363-9620LinkedIn11-50 employeesconstruction

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$19.8M

+17.4% from 2016

Total participants

863

+23.1% from 2016

Average account balance

$60,873

No prior year

Annual return

12.86%

+14.45 pp from 2016

Benchmarks

See 1,124 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,124 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$40.05M

Not enough data

1 years with asset history on file

Average account balance

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

$93K

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.

429

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.

24.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+8.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$227

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
ALERUS FINANCIAL, N.A.2+ years Filed as: ALERUS FINANCIAL NA Service code 15 · EIN 45-6062081	Recordkeeping	$43,307
STRATEGIC WEALTH MANAGEMENT2+ years Service code 17 7300 GRACE DRIVE · COLUMBIA, MD 21044	Pension Consulting	$16,309
ALERUS FINANCIAL, N.A.2+ years Filed as: ALERUS FINANCIAL N.A. Service code 59	Shareholder Servicing	$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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$65K

$81 / participant

Investment mgmt$16K24.9%
Contract admin$49K75.1%

% of EOY assets

0.330%

all-in expense ratio

Categories reported

2 / 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: UHY LLP
Auditor EIN: 200694403
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,873

$60,545+0.5%

$92,239-34.0%

$69,631-12.6%

Participation rate

33.8%

72.2%-38.4pp

76.5%-42.7pp

70.7%-36.9pp

Annual return

12.86%

19.71%-6.9pp

176.29%-163.4pp

27571.02%-27558.2pp

Employer contribution / active EE

$433

$2,633-83.6%

$3,680-88.2%

$2,032-78.7%

Participant deferral / active EE

$1,450

$2,828-48.7%

$3,897-62.8%

$3,224-55.0%

Admin fee / account holder

$201

$145+38.7%

$5,194-96.1%

$110+81.9%

Provider

Service type

Compensation

ALERUS FINANCIAL, N.A.2+ years

Filed as: ALERUS FINANCIAL NA

Service code 15 · EIN 45-6062081

Recordkeeping

$43,307

STRATEGIC WEALTH MANAGEMENT2+ years

Service code 17

7300 GRACE DRIVE · COLUMBIA, MD 21044

Pension Consulting

$16,309

ALERUS FINANCIAL, N.A.2+ years

Filed as: ALERUS FINANCIAL N.A.

Service code 59

Shareholder Servicing

DANIEL G. SCHUSTER LLC 401(K) SALARY REDUCTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DANIEL G. SCHUSTER LLC 401(K) SALARY REDUCTION 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