Retirement plan

DIACOM 401K SAVINGS PLAN

Name: DIACOM, INC. - DIACOM 401K SAVINGS PLAN (2018) Form 5500
Creator: DIACOM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DIACOM 401K SAVINGS PLAN, DIACOM, INC.

DIACOM, INC.EIN 58-2540182Plan #001PY 2018

5 HOWE DR - AMHERST, NH 03031603-880-1900diacom.comLinkedIn51-200 employeesautomotive

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$5.5M

-0.2% from 2017

Total participants

132

+5.6% from 2017

Average account balance

$48,060

-10.6% from 2017

Annual return

-6.57%

-23.59 pp from 2017

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.16M

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

150

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.

65.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$935K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+19.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$265

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
NATIONWIDE1 year Filed as: NATIONWIDE TRUST COMPANY Service code 15 · EIN 31-1592130	Recordkeeping	$15,719
SUMMIT FINANCIAL CORPORATION1 year Filed as: SUMMIT FINANCIALCORPORATION Service code 13 · EIN 04-3222046	Contract Administrator	$11,421
COMMONWEALTH FINANCIAL NETWORK1 year Service code 33 · EIN 04-2675571	Other fees; Securities brokerage	$5,508

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$33K

$281 / participant

Other / not subdivided$33K100.0%

% of EOY assets

0.591%

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: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,060

$58,093-17.3%

$80,022-39.9%

$56,287-14.6%

Participation rate

85.3%

73.6%+11.7pp

75.8%+9.5pp

69.9%+15.5pp

Annual return

-6.57%

34.63%-41.2pp

11.22%-17.8pp

-9.96%+3.4pp

Employer contribution / active EE

$4,759

$1,933+146.2%

$2,468+92.8%

$2,111+125.4%

Participant deferral / active EE

$2,939

$3,136-6.3%

$3,686-20.3%

$3,350-12.3%

Admin fee / account holder

$284

$623-54.4%

$6,521-95.6%

$521-45.5%

Provider

Service type

Compensation

NATIONWIDE1 year

Filed as: NATIONWIDE TRUST COMPANY

Service code 15 · EIN 31-1592130

Recordkeeping

$15,719

SUMMIT FINANCIAL CORPORATION1 year

Filed as: SUMMIT FINANCIALCORPORATION

Service code 13 · EIN 04-3222046

Contract Administrator

$11,421

COMMONWEALTH FINANCIAL NETWORK1 year

Service code 33 · EIN 04-2675571

Other fees; Securities brokerage

$5,508

DIACOM 401K SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DIACOM 401K 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