Retirement plan

DESE RESEARCH, INC PROFIT SHARING PLAN

Name: DESE RESEARCH, INC. - DESE RESEARCH, INC PROFIT SHARING PLAN (2017) Form 5500
Creator: DESE RESEARCH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DESE RESEARCH, INC PROFIT SHARING PLAN, DESE RESEARCH, INC.

DESE RESEARCH, INC.EIN 63-0834024Plan #001PY 2017

315 WYNN DR, SUITE 2 - HUNTSVILLE, AL 35805256-837-8004dese.comLinkedIn51-200 employeesdefense & space

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$43.4M

+16.5% from 2016

Total participants

178

+7.9% from 2016

Average account balance

$258,134

+13.7% from 2016

Annual return

17.98%

+9.47 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$70.72M

Not enough data

1 years with asset history on file

Average account balance

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

$278K

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.

254

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.

90.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$67K

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

+17.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$327

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
REGIONS BANK3+ years Service code 15 · EIN 63-0371391	Recordkeeping	$68,494
ASCENSUS LLC3+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754	Recordkeeping	$13,270
WARREN AVERETT, LLC1 year Service code 10 · EIN 45-4084437	Accounting	$6,500
TD AMERITRADE, INC.1 year Service code 33 · EIN 82-0543156	Securities brokerage; Direct payment ...	$1,756

Plan features & details

Pension benefit codes2E3D2G2J2R2F2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$90K

$756 / participant

Investment mgmt$2K2.0%
Contract admin$13K14.7%
Other / not subdivided$75K83.3%

% of EOY assets

0.208%

all-in expense ratio

Categories reported

2 / 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: WARREN AVERETT, LLC
Auditor EIN: 454084437
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$258,134

$80,753+219.7%

$136,298+89.4%

$62,293+314.4%

Participation rate

91.6%

73.5%+18.1pp

81.9%+9.7pp

69.5%+22.1pp

Annual return

17.98%

35.83%-17.9pp

5156.27%-5138.3pp

28.90%-10.9pp

Employer contribution / active EE

$24,166

$2,884+738.0%

$4,696+414.7%

$2,042+1083.3%

Participant deferral / active EE

$6,712

$5,164+30.0%

$6,247+7.4%

$3,169+111.8%

Admin fee / account holder

$536

$525+2.0%

$9,244-94.2%

$479+11.8%

Provider

Service type

Compensation

REGIONS BANK3+ years

Service code 15 · EIN 63-0371391

Recordkeeping

$68,494

ASCENSUS LLC3+ years

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

Recordkeeping

$13,270

WARREN AVERETT, LLC1 year

Service code 10 · EIN 45-4084437

Accounting

$6,500

TD AMERITRADE, INC.1 year

Service code 33 · EIN 82-0543156

Securities brokerage; Direct payment ...

$1,756

DESE RESEARCH, INC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DESE RESEARCH, INC 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