Retirement plan

DEWOLFF, BOBERG & ASSOCIATES EMPLOYEES' SAVINGS PLAN

Name: DEWOLFF, BOBERG & ASSOCIATES - DEWOLFF, BOBERG & ASSOCIATES EMPLOYEES' SAVINGS PLAN (2021) Form 5500
Creator: DEWOLFF, BOBERG & ASSOCIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEWOLFF, BOBERG & ASSOCIATES EMPLOYEES' SAVINGS PLAN, DEWOLFF, BOBERG & ASSOCIATES

DEWOLFF, BOBERG & ASSOCIATESEIN 57-0868048Plan #003PY 2021

5501 LBJ FREEWAY, SUITE 850 - DALLAS, TX 75240843-785-4018dewolffboberg.comLinkedIn1-10 employees

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$11.4M

+2.3% from 2020

Total participants

119

-10.5% from 2020

Average account balance

$124,755

+13.5% from 2020

Annual return

13.79%

-6.60 pp from 2020

Benchmarks

See 27,000 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort27,000 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.42M

Not enough data

1 years with asset history on file

Average account balance

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

$192K

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.

97.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$555K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+16.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15592

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

Top 3 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION4 years Filed as: LINCOLN FINANCIAL ADVISORS COR Service code 55 1301 S CLINTON ST · FORT WAYNE, IN 46802	Other Commissions	$26,340
PENSION ASSURANCE LLP1 year Filed as: THE PENSION SERVICE INC. Service code 15 · EIN 16-1613026 270 NORTHPOINTE PKWY · AMHERST, NY 142281897	Recordkeeping	$14,060
NATIONWIDE7+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$12,517

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$9K

$134 / participant

Contract admin$9K100.0%

% of EOY assets

0.078%

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: FORVIS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$124,755

$105,210+18.6%

$159,487-21.8%

$85,851+45.3%

Participation rate

57.6%

75.8%-18.2pp

82.8%-25.3pp

69.3%-11.7pp

Annual return

13.79%

45.08%-31.3pp

263.71%-249.9pp

318.63%-304.8pp

Employer contribution / active EE

$755

$3,319-77.2%

$4,831-84.4%

$2,565-70.6%

Participant deferral / active EE

$5,738

$5,946-3.5%

$7,354-22.0%

$3,952+45.2%

Admin fee / account holder

$97

$6,934-98.6%

$10,804-99.1%

$6,261-98.4%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION4 years

Filed as: LINCOLN FINANCIAL ADVISORS COR

Service code 55

1301 S CLINTON ST · FORT WAYNE, IN 46802

Other Commissions

$26,340

PENSION ASSURANCE LLP1 year

Filed as: THE PENSION SERVICE INC.

Service code 15 · EIN 16-1613026

270 NORTHPOINTE PKWY · AMHERST, NY 142281897

Recordkeeping

$14,060

NATIONWIDE7+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$12,517

DEWOLFF, BOBERG & ASSOCIATES EMPLOYEES' SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEWOLFF, BOBERG & ASSOCIATES EMPLOYEES' SAVINGS 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