Retirement plan

DATA SPEECH COMPUTER SOLUTIONS, INC. 401(K) PLAN

Name: DATA SPEECH COMPUTER SOLUTIONS, INC. - DATA SPEECH COMPUTER SOLUTIONS, INC. 401(K) PLAN (2021) Form 5500
Creator: DATA SPEECH COMPUTER SOLUTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DATA SPEECH COMPUTER SOLUTIONS, INC. 401(K) PLAN, DATA SPEECH COMPUTER SOLUTIONS, INC.

DATA SPEECH COMPUTER SOLUTIONS, INC.EIN 81-0607172Plan #001PY 2021

4408 ROLAND SPRING DRIVE - BALTIMORE, MD 21210301-452-8386

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$681K

+26.5% from 2020

Total participants

0.0% from 2020

Average account balance

$97,226

+8.4% from 2020

Annual return

13.12%

-0.92 pp from 2020

Benchmarks

See 126,153 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort126,153 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$805K

Not enough data

1 years with asset history on file

Average account balance

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

$201K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$60K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+2.10%

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$97,226

$176,071-44.8%

$159,450-39.0%

$167,497-42.0%

Participation rate

77.8%

84.9%-7.2pp

82.8%-5.0pp

82.1%-4.3pp

Annual return

13.12%

331.79%-318.7pp

263.60%-250.5pp

478.62%-465.5pp

Employer contribution / active EE

$2,339

$5,298-55.9%

$4,830-51.6%

$4,838-51.7%

Participant deferral / active EE

$5,640

$7,750-27.2%

$7,352-23.3%

$6,341-11.1%

Admin fee / account holder

$12,555-100.0%

$10,800-100.0%

$12,310-100.0%

DATA SPEECH COMPUTER SOLUTIONS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

DATA SPEECH COMPUTER SOLUTIONS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion