Retirement plan

OUR RETIREMENT PLAN

Name: DIAMOND GROUP LLC - OUR RETIREMENT PLAN (2016) Form 5500
Creator: DIAMOND GROUP LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OUR RETIREMENT PLAN, DIAMOND GROUP LLC

DIAMOND GROUP LLCEIN 75-2972647Plan #001PY 2016

2001 JEFFERSON DAVIS HIGHWAY, SUITE 303 - ARLINGTON, VA 22202703-415-0182

Prospect flagsLow returnsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$3.1M

No prior year

Total participants

228

No prior year

Average account balance

$16,150

No prior year

Annual return

4.52%

No prior year

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+1.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Top 3 by compensation

Provider	Service type	Compensation
RETIREMENT DIRECT2+ years Filed as: RETIREMENT DIRECT, LLC Service code 64 · EIN 91-2076699 11120 TREYNORTH DRIVE · CORNELIUS, NC 28031	Recordkeeping Fees	$11,292
RETIREMENT COLLABORATIVE2+ years Service code 16 · EIN 25-1848564 2000 LINGLESTOWN ROAD · HARRISBURGH, PA 17110	Consulting	$11,257
BKD, LLP2+ years Filed as: DIXON HUGHES GOODMAN LLP Service code 10 · EIN 56-0747981	Accounting	$7,211

Plan features & details

Pension benefit codes2E2G2J2K2F3B3D3H

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$32K

$194 / participant

Other / not subdivided$32K100.0%

% of EOY assets

1.016%

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: DIXON HUGES GOODMAN LLP
Auditor EIN: 560747981
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,150

$75,183-78.5%

$123,894-87.0%

$55,167-70.7%

Participation rate

80.0%

72.8%+7.2pp

81.4%-1.4pp

69.0%+11.0pp

Annual return

4.52%

19.01%-14.5pp

47.52%-43.0pp

169.23%-164.7pp

Employer contribution / active EE

$3,871

$2,823+37.1%

$4,617-16.2%

$1,963+97.2%

Participant deferral / active EE

$1,940

$5,084-61.9%

$5,984-67.6%

$3,054-36.5%

Admin fee / account holder

$164

$663-75.2%

$8,357-98.0%

$504-67.4%

Provider

Service type

Compensation

RETIREMENT DIRECT2+ years

Filed as: RETIREMENT DIRECT, LLC

Service code 64 · EIN 91-2076699

11120 TREYNORTH DRIVE · CORNELIUS, NC 28031

Recordkeeping Fees

$11,292

RETIREMENT COLLABORATIVE2+ years

Service code 16 · EIN 25-1848564

2000 LINGLESTOWN ROAD · HARRISBURGH, PA 17110

Consulting

$11,257

BKD, LLP2+ years

Filed as: DIXON HUGHES GOODMAN LLP

Service code 10 · EIN 56-0747981

Accounting

$7,211

OUR RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OUR RETIREMENT 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