Retirement plan

DISTRIBUTED SOLUTIONS, INC. 401(K) RATE GROUP PROFIT SHARING PLAN AND TRUST

Name: DISTRIBUTED SOLUTIONS, INC. - DISTRIBUTED SOLUTIONS, INC. 401(K) RATE GROUP PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: DISTRIBUTED SOLUTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DISTRIBUTED SOLUTIONS, INC. 401(K) RATE GROUP PROFIT SHARING PLAN AND TRUST, DISTRIBUTED SOLUTIONS, INC.

DISTRIBUTED SOLUTIONS, INC.EIN 54-1910910Plan #001PY 2024

1899 PRESTON WHITE DRIVE - RESTON, VA 20191703-471-7530distributedinc.comLinkedIn51-200 employeescomputer software

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$12.8M

+25.4% from 2023

Total participants

154

-5.5% from 2023

Average account balance

$83,965

+32.8% from 2023

Annual return

25.52%

+7.89 pp from 2023

Benchmarks

See 6,285 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,285 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.76M

Not enough data

1 years with asset history on file

Average account balance

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

$84K

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.

152

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.

98.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$765K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+25.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$391

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 3 by compensation

Provider	Service type	Compensation
MMA SECURITIES LLC2 years Service code 27 POST OFFICE BOX 9497 · NEW YORK, NY 10087	Advisory (Plan)	$34,836
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INS. CO. Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$26,079
COMMONWEALTH TPA SOLUTIONS2 years Service code 13 8 COMMONWEALTH DRIVE · MEDFORD, NJ 08055	Contract Administrator	$11,955

Plan features & details

Pension benefit codes2A2E2J2K2F2G3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$59K

$540 / participant

Investment mgmt$59K100.0%

% of EOY assets

0.466%

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: PBMARES, LLP
Auditor EIN: 540737372
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$83,965

$101,591-17.3%

$147,096-42.9%

$74,429+12.8%

Participation rate

98.2%

75.5%+22.6pp

82.2%+16.0pp

67.2%+31.0pp

Annual return

25.52%

8746.45%-8720.9pp

419.75%-394.2pp

1368.38%-1342.9pp

Employer contribution / active EE

$3,813-100.0%

$4,936-100.0%

$2,625-100.0%

Participant deferral / active EE

$6,952

$7,302-4.8%

$8,071-13.9%

$4,348+59.9%

Admin fee / account holder

$391

$1,750-77.7%

$13,005-97.0%

$1,944-79.9%

Provider

Service type

Compensation

MMA SECURITIES LLC2 years

Service code 27

POST OFFICE BOX 9497 · NEW YORK, NY 10087

Advisory (Plan)

$34,836

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INS. CO.

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$26,079

COMMONWEALTH TPA SOLUTIONS2 years

Service code 13

8 COMMONWEALTH DRIVE · MEDFORD, NJ 08055

Contract Administrator

$11,955

DISTRIBUTED SOLUTIONS, INC. 401(K) RATE GROUP PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DISTRIBUTED SOLUTIONS, INC. 401(K) RATE GROUP PROFIT SHARING 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