Retirement plan

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

Name: DATA SPEECH COMPUTER SOLUTIONS, INC. - DATA SPEECH COMPUTER SOLUTIONS, INC. 401(K) PLAN (2023) 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 2023

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

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$730K

+12.2% from 2022

Total participants

-55.6% from 2022

Average account balance

$182,548

+68.3% from 2022

Annual return

10.55%

+23.57 pp from 2022

Benchmarks

See 139,910 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort139,910 peers

Snapshot2023

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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$44K

$11086 / participant

Other / not subdivided$44K100.0%

% of EOY assets

6.073%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$182,548

$148,558+22.9%

$135,925+34.3%

$139,427+30.9%

Participation rate

100.0%

83.9%+16.1pp

81.9%+18.1pp

80.3%+19.7pp

Annual return

10.55%

79.22%-68.7pp

68.25%-57.7pp

373.27%-362.7pp

Employer contribution / active EE

$4,057

$5,244-22.6%

$4,857-16.5%

$4,752-14.6%

Participant deferral / active EE

$9,672

$8,101+19.4%

$7,759+24.7%

$6,711+44.1%

Admin fee / account holder

$11,086

$12,401-10.6%

$10,764+3.0%

$11,404-2.8%

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DATA SPEECH COMPUTER SOLUTIONS, INC. 401(K) 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