Retirement plan

D & S ELECTRICAL CONTRACTORS, INC. PROFIT SHARING PLAN

Name: D & S ELECTRICAL CONTRACTORS, INC. - D & S ELECTRICAL CONTRACTORS, INC. PROFIT SHARING PLAN (2023) Form 5500
Creator: D & S ELECTRICAL CONTRACTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, D & S ELECTRICAL CONTRACTORS, INC. PROFIT SHARING PLAN, D & S ELECTRICAL CONTRACTORS, INC.

D & S ELECTRICAL CONTRACTORS, INC.EIN 91-1275290Plan #001PY 2023

PO BOX 549 - CLARKSTON, WA 99403509-758-6642dselectrical.comLinkedIn51-200 employeesconstruction

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$13.2M

+25.9% from 2022

Total participants

319

+80.2% from 2022

Average account balance

$41,301

-31.7% from 2022

Annual return

18.54%

+36.78 pp from 2022

Benchmarks

See 1,502 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,502 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.63M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

323

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.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.89M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+14.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$200

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 5 by compensation

Provider	Service type	Compensation
EDWARD JONES5 years Service code 27 12555 MANCHESTER RD · ST LOUIS, MO 63131	Advisory (Plan)	$27,307
FORVIS, LLP1 year Filed as: FORVIS MAZARS LP Service code 99 910 E ST. LOUIS ST STE 400 · SPRINGFIELD, MO 65807	Other Fees	$9,715
ASCENSUS LLC4 years Filed as: FUTUREPLAN BY ASCENSUS Service code 13 415 8TH AVE NE · BRAINERD, MN 564012853	Contract Administrator	$4,129
AMERICAN FUNDS5 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$575
RLI INSURANCE4 years Filed as: RLI INSURANCE COMPANY Service code 99 PO BOX 801742 · KANSAS CITY, MO 641801742	Other Fees	$150

Plan features & details

Pension benefit codes2A2E2G2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$42K

$153 / participant

Investment mgmt$27K64.8%
Contract admin$5K12.1%
Other / not subdivided$10K23.1%

% of EOY assets

0.320%

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: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,301

$93,010-55.6%

$96,520-57.2%

$74,440-44.5%

Participation rate

100.0%

71.6%+28.4pp

74.3%+25.7pp

70.7%+29.3pp

Annual return

18.54%

37.50%-19.0pp

35.72%-17.2pp

34.37%-15.8pp

Employer contribution / active EE

$6,807

$3,427+98.6%

$3,739+82.1%

$2,638+158.0%

Participant deferral / active EE

$3,971-100.0%

$4,879-100.0%

$4,529-100.0%

Admin fee / account holder

$132

$633-79.1%

$6,733-98.0%

$348-62.0%

Provider

Service type

Compensation

EDWARD JONES5 years

Service code 27

12555 MANCHESTER RD · ST LOUIS, MO 63131

Advisory (Plan)

$27,307

FORVIS, LLP1 year

Filed as: FORVIS MAZARS LP

Service code 99

910 E ST. LOUIS ST STE 400 · SPRINGFIELD, MO 65807

Other Fees

$9,715

ASCENSUS LLC4 years

Filed as: FUTUREPLAN BY ASCENSUS

Service code 13

415 8TH AVE NE · BRAINERD, MN 564012853

Contract Administrator

$4,129

AMERICAN FUNDS5 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$575

RLI INSURANCE4 years

Filed as: RLI INSURANCE COMPANY

Service code 99

PO BOX 801742 · KANSAS CITY, MO 641801742

Other Fees

$150

D & S ELECTRICAL CONTRACTORS, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

D & S ELECTRICAL CONTRACTORS, INC. PROFIT SHARING 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