Retirement plan

DEALERS WAREHOUSE CORPORATION PROFIT SHARING PLAN

Name: DEALERS WAREHOUSE CORPORATION - DEALERS WAREHOUSE CORPORATION PROFIT SHARING PLAN (2021) Form 5500
Creator: DEALERS WAREHOUSE CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEALERS WAREHOUSE CORPORATION PROFIT SHARING PLAN, DEALERS WAREHOUSE CORPORATION

DEALERS WAREHOUSE CORPORATIONEIN 62-0450541Plan #001PY 2021

7580 THUNDER LANE - POWELL, TN 37849865-546-3040dwc-k.comLinkedIn201-500 employeesbuilding materials

Prospect flagsLow returnsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$18.9M

+14.5% from 2020

Total participants

289

-12.2% from 2020

Average account balance

$77,242

+38.8% from 2020

Annual return

11.84%

+0.61 pp from 2020

Benchmarks

See 2,249 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,249 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.03M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

278

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.

94.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.18M

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

+12.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$275

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
RATHER & KITTRELL, INC.7+ years Filed as: RATHER & KITTRELL CAPITAL MGT Service code 26 · EIN 91-2046298	Advisory (Participants)	$50,292
UNIFIED TRUST COMPANY, N.A.7+ years Filed as: UNIFIED TRUST COMPANY Service code 15 · EIN 61-1256314	Recordkeeping	$25,471
TENNESSEE PENSION ADMINISTRATORS7+ years Service code 13 · EIN 62-1757444	Contract Administrator	$10,267

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T2S3D3H

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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$86K

$446 / participant

Investment mgmt$50K58.5%
Contract admin$10K11.9%
Other / not subdivided$25K29.6%

% of EOY assets

0.455%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PUGH & COMPANY, P.C.
Auditor EIN: 621142155
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$77,242

$93,182-17.1%

$146,643-47.3%

$79,391-2.7%

Participation rate

77.2%

76.4%+0.8pp

80.1%-2.9pp

70.7%+6.5pp

Annual return

11.84%

21.61%-9.8pp

22.75%-10.9pp

116.88%-105.0pp

Employer contribution / active EE

$1,685

$2,420-30.4%

$4,137-59.3%

$2,428-30.6%

Participant deferral / active EE

$2,139

$4,169-48.7%

$5,506-61.2%

$4,046-47.1%

Admin fee / account holder

$351

$585-40.0%

$10,280-96.6%

$627-44.0%

Provider

Service type

Compensation

RATHER & KITTRELL, INC.7+ years

Filed as: RATHER & KITTRELL CAPITAL MGT

Service code 26 · EIN 91-2046298

Advisory (Participants)

$50,292

UNIFIED TRUST COMPANY, N.A.7+ years

Filed as: UNIFIED TRUST COMPANY

Service code 15 · EIN 61-1256314

Recordkeeping

$25,471

TENNESSEE PENSION ADMINISTRATORS7+ years

Service code 13 · EIN 62-1757444

Contract Administrator

$10,267

DEALERS WAREHOUSE CORPORATION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEALERS WAREHOUSE CORPORATION 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