Retirement plan

DONEY PARK WATER COMPANY EMPLOYEE 401(K) PLAN

Name: DONEY PARK WATER COMPANY - DONEY PARK WATER COMPANY EMPLOYEE 401(K) PLAN (2024) Form 5500
Creator: DONEY PARK WATER COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DONEY PARK WATER COMPANY EMPLOYEE 401(K) PLAN, DONEY PARK WATER COMPANY

DONEY PARK WATER COMPANYEIN 86-0266771Plan #001PY 2024

5290 E. NORTHGATE LOOP - FLAGSTAFF, AZ 86004928-526-1080doneyparkwater.comLinkedIn1-10 employeesutilities

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.7M

+25.7% from 2023

Total participants

+7.1% from 2023

Average account balance

$210,112

+25.7% from 2023

Annual return

28.39%

-6.84 pp from 2023

Benchmarks

See 1,946 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,946 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.73M

Not enough data

1 years with asset history on file

Average account balance

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

$210K

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$151K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+28.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16175

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 codes2E2F2G2J2T3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$210K

$17523 / participant

Other / not subdivided$210K100.0%

% of EOY assets

7.698%

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

$210,112

$97,751+114.9%

$103,431+103.1%

$145,978+43.9%

Participation rate

83.3%

81.1%+2.2pp

80.5%+2.8pp

80.3%+3.0pp

Annual return

28.39%

25.43%+3.0pp

23.92%+4.5pp

550.52%-522.1pp

Employer contribution / active EE

$4,485

$4,684-4.2%

$4,678-4.1%

$4,662-3.8%

Participant deferral / active EE

$8,122

$6,603+23.0%

$6,625+22.6%

$6,690+21.4%

Admin fee / account holder

$16,175

$12,515+29.2%

$9,412+71.9%

$13,400+20.7%

DONEY PARK WATER COMPANY EMPLOYEE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DONEY PARK WATER COMPANY EMPLOYEE 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