Retirement plan

DALB, INC. 401(K) PROFIT SHARING PLAN

Name: DALB, INC. - DALB, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: DALB, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DALB, INC. 401(K) PROFIT SHARING PLAN, DALB, INC.

DALB, INC.EIN 55-0616156Plan #001PY 2019

73 INDUSTRIAL BLVD - KEARNEYSVILLE, WV 25430304-725-0300dalb.comLinkedIn51-200 employeesprinting

Prospect flagsHigh feesLow participationCorrective distributions

How to read this page

Total assets (EOY)

$10.3M

+19.8% from 2018

Total participants

173

-8.9% from 2018

Average account balance

$84,355

+23.8% from 2018

Annual return

20.27%

+26.80 pp from 2018

Benchmarks

See 1,981 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,981 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.54M

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

148

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.

76.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$747K

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

+12.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$502

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
BRONFMAN E.L. ROTHSCHILD2 years Filed as: BRONFMAN E L ROTHSCHILD LP Service code 27 · EIN 39-1908691	Advisory (Plan)	$25,305
FIDELITY INVESTMENTS INSTITUTIONAL2 years Service code 37 · EIN 04-2647786	Loan Processing	$19,030
SMITH ELLIOTT KEARNS & COMPANY LLC1 year Filed as: SMITH ELLIOTT KEARNS & COMPANY Service code 10 · EIN 52-0783935	Accounting	$17,300
NFP RETIREMENT INC1 year Service code 27 · EIN 33-0905143	Advisory (Plan)	$5,255

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 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.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$69K

$421 / participant

Other / not subdivided$69K100.0%

% of EOY assets

0.671%

all-in expense ratio

Categories reported

0 / 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: SMITH ELLIOTT KEARNS & CO, LLC
Auditor EIN: 520783935
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$84,355

$66,319+27.2%

$93,621-9.9%

$65,185+29.4%

Participation rate

68.9%

74.0%-5.1pp

75.8%-6.9pp

70.2%-1.3pp

Annual return

20.27%

42.59%-22.3pp

32.76%-12.5pp

29.38%-9.1pp

Employer contribution / active EE

$870

$2,013-56.8%

$2,719-68.0%

$2,177-60.0%

Participant deferral / active EE

$2,800

$3,343-16.2%

$4,070-31.2%

$3,514-20.3%

Admin fee / account holder

$566

$6,900-91.8%

$7,890-92.8%

$847-33.2%

Provider

Service type

Compensation

BRONFMAN E.L. ROTHSCHILD2 years

Filed as: BRONFMAN E L ROTHSCHILD LP

Service code 27 · EIN 39-1908691

Advisory (Plan)

$25,305

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Service code 37 · EIN 04-2647786

Loan Processing

$19,030

SMITH ELLIOTT KEARNS & COMPANY LLC1 year

Filed as: SMITH ELLIOTT KEARNS & COMPANY

Service code 10 · EIN 52-0783935

Accounting

$17,300

NFP RETIREMENT INC1 year

Service code 27 · EIN 33-0905143

Advisory (Plan)

$5,255

DALB, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DALB, INC. 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