Retirement plan

DICALITE MANAGEMENT GROUP, INC. TAX SHELTERED SAVINGS PLAN

Name: DICALITE MANAGEMENT GROUP, INC. - DICALITE MANAGEMENT GROUP, INC. TAX SHELTERED SAVINGS PLAN (2023) Form 5500
Creator: DICALITE MANAGEMENT GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DICALITE MANAGEMENT GROUP, INC. TAX SHELTERED SAVINGS PLAN, DICALITE MANAGEMENT GROUP, INC.

DICALITE MANAGEMENT GROUP, INC.EIN 80-0423777Plan #014PY 2023

1001 CONSHOHOCKEN STATE ROAD, STE. 1-500 - WEST CONSHOHOCKEN, PA 19428610-660-8809dicalite.comLinkedIn501-1000 employeesmining & metals

Prospect flagsLow participationLow assets / participant

How to read this page

Total assets (EOY)

$8.6M

+32.1% from 2022

Total participants

407

+1.5% from 2022

Average account balance

$28,415

+25.6% from 2022

Annual return

17.38%

+34.10 pp from 2022

Benchmarks

See 1,153 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,153 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.89M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

295

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.

62.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.58M

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

+15.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$402

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
MMA SECURITIES LLC4 years Filed as: MMA SECURITIES, LLC Service code 15 · EIN 22-3570392	Recordkeeping	$50,185
ADP BROKER-DEALER4 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$36,688
MORISON COGEN LLP9+ years Service code 15 · EIN 23-1406493	Recordkeeping	$24,150

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$86K

$310 / participant

Recordkeeping$37K42.7%
Investment mgmt$49K57.3%

% of EOY assets

0.998%

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: MORISON COGEN LLP
Auditor EIN: 232041223
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,415

$84,784-66.5%

$98,461-71.1%

$74,460-61.8%

Participation rate

62.5%

81.5%-19.1pp

75.2%-12.7pp

70.7%-8.3pp

Annual return

17.38%

20.59%-3.2pp

21.17%-3.8pp

34.38%-17.0pp

Employer contribution / active EE

$1,499

$3,364-55.4%

$3,049-50.8%

$2,638-43.2%

Participant deferral / active EE

$3,221

$5,218-38.3%

$4,738-32.0%

$4,530-28.9%

Admin fee / account holder

$284

$204+38.7%

$8,961-96.8%

$348-18.5%

Provider

Service type

Compensation

MMA SECURITIES LLC4 years

Filed as: MMA SECURITIES, LLC

Service code 15 · EIN 22-3570392

Recordkeeping

$50,185

ADP BROKER-DEALER4 years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$36,688

MORISON COGEN LLP9+ years

Service code 15 · EIN 23-1406493

Recordkeeping

$24,150

DICALITE MANAGEMENT GROUP, INC. TAX SHELTERED SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DICALITE MANAGEMENT GROUP, INC. TAX SHELTERED SAVINGS 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