Retirement plan

DISH NETWORK CORPORATION 401(K) PLAN

Name: DISH NETWORK CORPORATION - DISH NETWORK CORPORATION 401(K) PLAN (2020) Form 5500
Creator: DISH NETWORK CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DISH NETWORK CORPORATION 401(K) PLAN, DISH NETWORK CORPORATION

DISH NETWORK CORPORATIONEIN 88-0336997Plan #001PY 2020

9601 SOUTH MERIDIAN BOULEVARD - ENGLEWOOD, CO 80112303-723-1370

Prospect flagsLow assets / participantLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$841.9M

+12.2% from 2019

Total participants

20,127

+2.1% from 2019

Average account balance

$44,765

+4.3% from 2019

Annual return

14.65%

-13.23 pp from 2019

Benchmarks

See 36 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants>=10,000

Cohort36 peers

Snapshot2020

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Analytics

Total assets (EOY)

Plan-year ending balance

$1.64B

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

16,508

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.

90.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$95.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+107.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$59

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL6+ years Service code 37 · EIN 04-2647786	Loan Processing	$1,253,629
COOK STREET CONSULTING3 years Service code 16 · EIN 84-0854432	Consulting	$68,037

Reportable transactions (Schedule G)

1 row

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

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Plan features & details

Pension benefit codes2F3H2G2J2K2S2T2E

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.3M

$101 / participant

Other / not subdivided$1M100.0%

% of EOY assets

0.158%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BDO LLP
Auditor EIN: 135384590
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,765

$139,618-67.9%

$100,528-55.5%

$106,273-57.9%

Participation rate

90.0%

83.2%+6.8pp

79.4%+10.5pp

70.8%+19.2pp

Annual return

14.65%

22.24%-7.6pp

30.90%-16.2pp

21.70%-7.0pp

Employer contribution / active EE

$3,189

$3,379-5.6%

$3,419-6.7%

$2,722+17.1%

Participant deferral / active EE

$3,667

$8,459-56.7%

$6,271-41.5%

$4,601-20.3%

Admin fee / account holder

$71

$91-22.4%

$8,084-99.1%

$78-10.0%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL6+ years

Service code 37 · EIN 04-2647786

Loan Processing

$1,253,629

COOK STREET CONSULTING3 years

Service code 16 · EIN 84-0854432

Consulting

$68,037

DISH NETWORK CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DISH NETWORK CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

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