Retirement plan

THE DREES COMPANY PROFIT SHARING PLAN

Name: THE DREES COMPANY - THE DREES COMPANY PROFIT SHARING PLAN (2016) Form 5500
Creator: THE DREES COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE DREES COMPANY PROFIT SHARING PLAN, THE DREES COMPANY

THE DREES COMPANYEIN 61-0675670Plan #001PY 2016

211 GRANDVIEW DRIVE - FORT MITCHELL, KY 410172759859-578-4200dsscorp.comLinkedIn1-10 employees

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$59.4M

No prior year

Total participants

751

No prior year

Average account balance

$83,138

No prior year

Annual return

-3.23%

No prior year

Benchmarks

See 1,079 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,079 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$159.83M

Not enough data

1 years with asset history on file

Average account balance

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

$156K

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.

1,025

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.

99.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+5.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$210

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
STRATEGIC ADVISORS, INC.1+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$19,363
VONLEHMAN & COMPANY, INC.1+ years Filed as: VON LEHMAN Service code 10 · EIN 31-0905417	Accounting	$14,865
THOMPSON HINE1+ years Service code 29 · EIN 34-0575300	Legal	$6,600
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Service code 37 · EIN 04-2647786	Loan Processing	$4,400

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.
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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$45K

$75 / participant

Investment mgmt$19K42.8%
Other / not subdivided$26K57.2%

% of EOY assets

0.076%

all-in expense ratio

Categories reported

1 / 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: VON LEHMAN & CO
Auditor EIN: 310905417
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$83,138

$57,921+43.5%

$84,753-1.9%

$57,658+44.2%

Participation rate

93.8%

72.9%+20.9pp

76.6%+17.2pp

70.2%+23.6pp

Annual return

-3.23%

10.24%-13.5pp

22.78%-26.0pp

5.13%-8.4pp

Employer contribution / active EE

$3,654

$2,598+40.6%

$3,574+2.2%

$1,974+85.1%

Participant deferral / active EE

$5,195

$2,742+89.5%

$3,712+40.0%

$3,061+69.8%

Admin fee / account holder

$63

$130-51.1%

$5,333-98.8%

$95-33.0%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.1+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$19,363

VONLEHMAN & COMPANY, INC.1+ years

Filed as: VON LEHMAN

Service code 10 · EIN 31-0905417

Accounting

$14,865

THOMPSON HINE1+ years

Service code 29 · EIN 34-0575300

Legal

$6,600

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Service code 37 · EIN 04-2647786

Loan Processing

$4,400

THE DREES COMPANY PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE DREES COMPANY 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