Retirement plan

DELMAR SYSTEMS, INC. PROFIT SHARING 401K PLAN

Name: DELMAR SYSTEMS, INC. - DELMAR SYSTEMS, INC. PROFIT SHARING 401K PLAN (2016) Form 5500
Creator: DELMAR SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DELMAR SYSTEMS, INC. PROFIT SHARING 401K PLAN, DELMAR SYSTEMS, INC.

DELMAR SYSTEMS, INC.EIN 94-3435860Plan #001PY 2016

PO BOX 129 - BROUSSARD, LA 705180129337-365-0180

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$40.1M

-3.2% from 2015

Total participants

263

-8.7% from 2015

Average account balance

$153,651

+4.2% from 2015

Annual return

2.60%

+3.12 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$42.58M

Not enough data

1 years with asset history on file

Average account balance

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

$306K

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.

139

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.

90.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.93M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+9.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$705

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 3 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC2+ years Filed as: UBS FINANCIAL SERVICES INC. Service code 51 · EIN 13-2638166 1000 HARBOR BLVD. · WEEHAWKEN, NJ 07086	Investment Mgmt Fees	$304,197
THIBODEAUX HEBERT DESHOTELS LEBLANC2+ years Service code 10 · EIN 20-8102502 935 CAMELLIA BLVD., SUITE 200 · LAFAYETTE, LA 70508	Accounting	$10,000
FLOWER & ASSOCIATES, INC.2+ years Service code 13 · EIN 72-0894786 P.O. BOX 51862 · LAFAYETTE, LA 705051862	Contract Administrator	$8,864

Plan features & details

Pension benefit codes2E2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$323K

$1994 / participant

Investment mgmt$304K94.2%
Contract admin$9K2.7%
Other / not subdivided$10K3.1%

% of EOY assets

0.806%

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: THIBODAUX HEBERT DESHOTELS LEBLANC
Auditor EIN: 208102502
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$153,651

$75,183+104.4%

$123,894+24.0%

$55,167+178.5%

Participation rate

98.8%

72.8%+25.9pp

81.4%+17.4pp

69.0%+29.8pp

Annual return

2.60%

19.01%-16.4pp

47.52%-44.9pp

169.23%-166.6pp

Employer contribution / active EE

$9,958

$2,823+252.7%

$4,617+115.7%

$1,963+407.4%

Participant deferral / active EE

$6,638

$5,084+30.5%

$5,984+10.9%

$3,054+117.3%

Admin fee / account holder

$1,238

$663+86.8%

$8,357-85.2%

$504+145.6%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC2+ years

Filed as: UBS FINANCIAL SERVICES INC.

Service code 51 · EIN 13-2638166

1000 HARBOR BLVD. · WEEHAWKEN, NJ 07086

Investment Mgmt Fees

$304,197

THIBODEAUX HEBERT DESHOTELS LEBLANC2+ years

Service code 10 · EIN 20-8102502

935 CAMELLIA BLVD., SUITE 200 · LAFAYETTE, LA 70508

Accounting

$10,000

FLOWER & ASSOCIATES, INC.2+ years

Service code 13 · EIN 72-0894786

P.O. BOX 51862 · LAFAYETTE, LA 705051862

Contract Administrator

$8,864

DELMAR SYSTEMS, INC. PROFIT SHARING 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DELMAR SYSTEMS, INC. PROFIT SHARING 401K 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