Retirement plan

DIEHL MANAGEMENT, INC. 401K PROFIT SHARING PLAN

Name: DIEHL MANAGEMENT, INC. - DIEHL MANAGEMENT, INC. 401K PROFIT SHARING PLAN (2020) 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 2020

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

Prospect flagsHigh feesLow participationCorrective distributions

How to read this page

Total assets (EOY)

$8.6M

+27.6% from 2019

Total participants

321

+3.2% from 2019

Average account balance

$46,624

+18.0% from 2019

Annual return

17.00%

-3.90 pp from 2019

Benchmarks

See 1,285 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,285 peers

Snapshot2020

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 4 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S. TRYON ST, 11TH FLOOR · CHARLOTTE, NC 28081	Advisory (Plan)	$26,630
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 12 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping fees; Claims processing...	$16,264
CATANESE GROUP5 years Filed as: CANTANESE GROUP Service code 10 · EIN 25-1685380 307 STATE STREET · JOHNSTOWN, PA 15905	Accounting	$15,000
WALKER BENEFITS, LLC1 year Filed as: WALKER BENEFITS LLC Service code 13 · EIN 32-0453512 2599 WILMINGTON ROAD · NEW CASTLE, PA 16105	Contract Administrator	$7,582

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.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$65K

$221 / participant

Investment mgmt$27K41.0%
Contract admin$16K25.0%
Other / not subdivided$22K34.0%

% of EOY assets

0.753%

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

$46,624

$64,286-27.5%

$90,970-48.7%

$73,412-36.5%

Participation rate

53.7%

63.6%-9.8pp

69.0%-15.3pp

72.2%-18.4pp

Annual return

17.00%

21.46%-4.5pp

134.60%-117.6pp

59.30%-42.3pp

Employer contribution / active EE

$982

$895+9.8%

$2,122-53.7%

$2,234-56.0%

Participant deferral / active EE

$2,193

$2,453-10.6%

$3,373-35.0%

$3,806-42.4%

Admin fee / account holder

$351

$287+22.3%

$5,961-94.1%

$158+122.4%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.2 years

Filed as: WELLS FARGO ADVISORS LLC

Service code 27

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

Advisory (Plan)

$26,630

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI

Service code 12

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping fees; Claims processing...

$16,264

CATANESE GROUP5 years

Filed as: CANTANESE GROUP

Service code 10 · EIN 25-1685380

307 STATE STREET · JOHNSTOWN, PA 15905

Accounting

$15,000

WALKER BENEFITS, LLC1 year

Filed as: WALKER BENEFITS LLC

Service code 13 · EIN 32-0453512

2599 WILMINGTON ROAD · NEW CASTLE, PA 16105

Contract Administrator

$7,582

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