Retirement plan

LYDECKER DIAZ, LLP 401(K) PLAN

Name: LYDECKER DIAZ, LLP - LYDECKER DIAZ, LLP 401(K) PLAN (2024) Form 5500
Creator: LYDECKER DIAZ, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LYDECKER DIAZ, LLP 401(K) PLAN, LYDECKER DIAZ, LLP

LYDECKER DIAZ, LLPEIN 82-2361028Plan #001PY 2024

1221 BRICKELL AVENUE, 19TH FLOOR - MIAMI, FL 33131305-416-3180lydeckerdiaz.comLinkedIn201-500 employeeslaw practice

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$6.3M

+12.3% from 2023

Total participants

180

+17.6% from 2023

Average account balance

$37,127

-8.3% from 2023

Annual return

17.99%

-4.16 pp from 2023

Benchmarks

See 6,280 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,280 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.27M

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.

169

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.

93.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+17.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$281

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 3 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY1 year Service code 13 · EIN 42-0127290	Contract Administrator	$41,369
ROYAL ALLIANCE ASSOCIATES INC1 year Filed as: ROYAL ALLIANCE ASSOCIATES, INC. Service code 27 · EIN 93-0987232	Advisory (Plan)	$16,090
THE BENEFIT PRACTICE1 year Service code 13 · EIN 13-4144565	Contract Administrator	$8,888

Plan features & details

Pension benefit codes2G2J2K2T3D

Plan features

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.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$48K

$303 / participant

Contract admin$48K100.0%

% of EOY assets

0.757%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CONDON O'MEARA MCGINTY&DONNELLY LLP
Auditor EIN: 133628255
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,127

$101,653-63.5%

$147,080-74.8%

$74,459-50.1%

Participation rate

93.0%

75.6%+17.4pp

82.2%+10.8pp

67.2%+25.8pp

Annual return

17.99%

8754.98%-8737.0pp

420.17%-402.2pp

1369.70%-1351.7pp

Employer contribution / active EE

$1,721

$3,813-54.9%

$4,933-65.1%

$2,626-34.4%

Participant deferral / active EE

$5,315

$7,304-27.2%

$8,066-34.1%

$4,350+22.2%

Admin fee / account holder

$281

$1,752-83.9%

$12,989-97.8%

$1,945-85.5%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1 year

Service code 13 · EIN 42-0127290

Contract Administrator

$41,369

ROYAL ALLIANCE ASSOCIATES INC1 year

Filed as: ROYAL ALLIANCE ASSOCIATES, INC.

Service code 27 · EIN 93-0987232

Advisory (Plan)

$16,090

THE BENEFIT PRACTICE1 year

Service code 13 · EIN 13-4144565

Contract Administrator

$8,888

LYDECKER DIAZ, LLP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LYDECKER DIAZ, LLP 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