Retirement plan

DICKENS QUALITY DEMOLITION 401(K) PLAN

Name: DICKENS QUALITY DEMOLITION, LLC - DICKENS QUALITY DEMOLITION 401(K) PLAN (2024) Form 5500
Creator: DICKENS QUALITY DEMOLITION, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DICKENS QUALITY DEMOLITION 401(K) PLAN, DICKENS QUALITY DEMOLITION, LLC

DICKENS QUALITY DEMOLITION, LLCEIN 86-0863240Plan #001PY 2024

1111 NORTH 19TH AVENUE - PHOENIX, AZ 85009602-258-8088dickensquality.comLinkedIn1-10 employeesconstruction

Prospect flagsLow fidelity bondFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.3M

+30.4% from 2023

Total participants

171

+29.5% from 2023

Average account balance

$34,177

+5.0% from 2023

Annual return

15.07%

-0.94 pp from 2023

Benchmarks

See 3,445 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,445 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.26M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

154

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.

85.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$848K

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

+15.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$182

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 1 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.1 year Filed as: NEWPORT GROUP INC. Service code 13 · EIN 27-2037969	Contract Administrator	$26,022

Plan features & details

Pension benefit codes2E2F2G2J2T3B3D3H

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$28K

$246 / participant

Recordkeeping$7K25.5%
Trustee / custodial$2K7.4%
Contract admin$19K67.2%

% of EOY assets

0.534%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,177

$80,763-57.7%

$102,412-66.6%

$74,459-54.1%

Participation rate

85.1%

65.7%+19.4pp

74.5%+10.6pp

67.2%+17.9pp

Annual return

15.07%

27.57%-12.5pp

24.94%-9.9pp

1369.70%-1354.6pp

Employer contribution / active EE

$2,814

$3,160-11.0%

$3,870-27.3%

$2,626+7.2%

Participant deferral / active EE

$4,622

$3,862+19.7%

$5,060-8.7%

$4,350+6.3%

Admin fee / account holder

$182

$2,371-92.3%

$8,388-97.8%

$1,945-90.6%

Provider

Service type

Compensation

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT GROUP INC.

Service code 13 · EIN 27-2037969

Contract Administrator

$26,022

DICKENS QUALITY DEMOLITION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DICKENS QUALITY DEMOLITION 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