Retirement plan

DRY-CONCEPTS 401(K) PLAN

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

DRY CONCEPTSEIN 59-1916776Plan #001PY 2018

4190 S UNIVERSITY DR # B - DAVIE, FL 333283006954-370-7778

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$335K

-24.5% from 2017

Total participants

+12.5% from 2017

Average account balance

$19,693

-42.2% from 2017

Annual return

-7.65%

-15.19 pp from 2017

Benchmarks

See 12,593 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort12,593 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$471K

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$46K

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

+14.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2362

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 codes2T3D2G2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

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

$102K

$5683 / participant

Other / not subdivided$102K100.0%

% of EOY assets

30.555%

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

$19,693

$95,188-79.3%

$76,518-74.3%

$135,379-85.5%

Participation rate

94.4%

74.4%+20.1pp

68.0%+26.4pp

82.6%+11.8pp

Annual return

-7.65%

4.85%-12.5pp

-0.27%-7.4pp

519.79%-527.4pp

Employer contribution / active EE

$172

$3,303-94.8%

$2,647-93.5%

$4,779-96.4%

Participant deferral / active EE

$1,021

$4,640-78.0%

$3,836-73.4%

$5,609-81.8%

Admin fee / account holder

$6,017

$6,249-3.7%

$4,849+24.1%

$10,828-44.4%

DRY-CONCEPTS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DRY-CONCEPTS 401(K) 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