Retirement plan

D & I MECHANICAL CONTRACTORS, INC.401(K) TRUST

Name: D & I MECHANICAL CONTRACTORS, INC. - D & I MECHANICAL CONTRACTORS, INC.401(K) TRUST (2024) Form 5500
Creator: D & I MECHANICAL CONTRACTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, D & I MECHANICAL CONTRACTORS, INC.401(K) TRUST, D & I MECHANICAL CONTRACTORS, INC.

D & I MECHANICAL CONTRACTORS, INC.EIN 52-1835519Plan #001PY 2024

10815 BEAVER DAM ROAD SUITE I - COCKEYSVILLE, MD 21030410-785-1116

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.9M

+0.2% from 2023

Total participants

+100.0% from 2023

Average account balance

$102,092

-15.6% from 2023

Annual return

11.22%

-6.08 pp from 2023

Benchmarks

See 18,562 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,562 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.94M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

70.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$96K

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

+11.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16825

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 codes2E2J2F2G3D2T

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.
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.
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

$320K

$11840 / participant

Other / not subdivided$320K100.0%

% of EOY assets

16.480%

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

$102,092

$81,457+25.3%

$103,378-1.2%

$80,911+26.2%

Participation rate

51.9%

66.8%-15.0pp

74.5%-22.7pp

67.6%-15.8pp

Annual return

11.22%

25.58%-14.4pp

24.91%-13.7pp

35.63%-24.4pp

Employer contribution / active EE

$1,069

$3,107-65.6%

$3,870-72.4%

$2,756-61.2%

Participant deferral / active EE

$2,483

$3,871-35.9%

$5,058-50.9%

$4,297-42.2%

Admin fee / account holder

$16,825

$6,717+150.5%

$8,401+100.3%

$6,935+142.6%

D & I MECHANICAL CONTRACTORS, INC.401(K) TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

D & I MECHANICAL CONTRACTORS, INC.401(K) 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