Retirement plan

SAM DONG AMERICA 401(K) PLAN

Name: SAM DONG AMERICA, INC. - SAM DONG AMERICA 401(K) PLAN (2023) Form 5500
Creator: SAM DONG AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAM DONG AMERICA 401(K) PLAN, SAM DONG AMERICA, INC.

SAM DONG AMERICA, INC.EIN 81-0960137Plan #001PY 2023

801 PITTSBURGH DRIVE - DELAWARE, OH 43015740-363-1985LinkedIn1-10 employees

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.5M

+20.2% from 2022

Total participants

256

+16.4% from 2022

Average account balance

$53,886

+21.2% from 2022

Annual return

16.04%

+32.97 pp from 2022

Benchmarks

See 4,137 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,137 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.22M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

124

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.

49.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$846K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$254

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 2 by compensation

Provider	Service type	Compensation
RETIREMENT PLANS, INC.3+ years Filed as: RETIREMENT PLANS INC Service code 27 · EIN 90-0734163	Advisory (Plan)	$16,643
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	$10,364

Plan features & details

Pension benefit codes2E2F2G2I2J2T3H3D2R

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.
2I
Stock bonus
Stock bonus 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$27K

$113 / participant

Recordkeeping$10K38.4%
Investment mgmt$17K61.6%

% of EOY assets

0.418%

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: HW AND CO
Auditor EIN: 341663157
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,886

$76,112-29.2%

$96,534-44.2%

$71,511-24.6%

Participation rate

43.3%

74.4%-31.1pp

76.0%-32.6pp

67.9%-24.6pp

Annual return

16.04%

22.81%-6.8pp

25.88%-9.8pp

28.86%-12.8pp

Employer contribution / active EE

$898

$2,248-60.1%

$2,965-69.7%

$2,589-65.3%

Participant deferral / active EE

$2,423

$4,217-42.5%

$4,851-50.1%

$4,291-43.5%

Admin fee / account holder

$225

$2,708-91.7%

$8,253-97.3%

$1,588-85.8%

Provider

Service type

Compensation

RETIREMENT PLANS, INC.3+ years

Filed as: RETIREMENT PLANS INC

Service code 27 · EIN 90-0734163

Advisory (Plan)

$16,643

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

$10,364

SAM DONG AMERICA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAM DONG AMERICA 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