Retirement plan

DIEHL MANAGEMENT, INC. 401K PROFIT SHARING PLAN

Name: DIEHL MANAGEMENT, INC. - DIEHL MANAGEMENT, INC. 401K PROFIT SHARING PLAN (2019) Form 5500
Creator: DIEHL MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DIEHL MANAGEMENT, INC. 401K PROFIT SHARING PLAN, DIEHL MANAGEMENT, INC.

DIEHL MANAGEMENT, INC.EIN 75-3133429Plan #001PY 2019

258-270 PITTSBURGH ROAD - BUTLER, PA 160023952724-282-8898LinkedIn51-200 employeesretail

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$6.8M

+32.4% from 2018

Total participants

311

+4.7% from 2018

Average account balance

$39,521

+33.2% from 2018

Annual return

20.90%

+26.82 pp from 2018

Benchmarks

See 1,312 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,312 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.44M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

326

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.

57.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.31M

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

+14.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$267

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
CATANESE GROUP4 years Filed as: CANTANESE GROUP Service code 10 · EIN 25-1685380 307 STATE STREET · JOHNSTOWN, PA 15905	Accounting	$15,000
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S. TRYON ST, 11TH FLOOR · CHARLOTTE, NC 28081	Advisory (Plan)	$5,942
AMERICAN FUNDS5+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO Service code 64 · EIN 82-4555287 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$5,210

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$27K

$93 / participant

Investment mgmt$6K21.7%
Contract admin$5K19.0%
Other / not subdivided$16K59.3%

% of EOY assets

0.405%

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: CATANESE GROUP
Auditor EIN: 251685380
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,521

$40,174-1.6%

$84,023-53.0%

$67,582-41.5%

Participation rate

52.7%

62.7%-10.0pp

69.0%-16.3pp

71.3%-18.6pp

Annual return

20.90%

25.82%-4.9pp

71.32%-50.4pp

378.57%-357.7pp

Employer contribution / active EE

$955

$808+18.2%

$1,984-51.9%

$2,148-55.5%

Participant deferral / active EE

$2,063

$2,301-10.3%

$3,239-36.3%

$3,539-41.7%

Admin fee / account holder

$160

$128+24.9%

$6,102-97.4%

$142+12.6%

Provider

Service type

Compensation

CATANESE GROUP4 years

Filed as: CANTANESE GROUP

Service code 10 · EIN 25-1685380

307 STATE STREET · JOHNSTOWN, PA 15905

Accounting

$15,000

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO ADVISORS LLC

Service code 27

401 S. TRYON ST, 11TH FLOOR · CHARLOTTE, NC 28081

Advisory (Plan)

$5,942

AMERICAN FUNDS5+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO

Service code 64 · EIN 82-4555287

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$5,210

DIEHL MANAGEMENT, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DIEHL MANAGEMENT, INC. 401K 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