Retirement plan

DEWEY SERVICES, INC. RETIREMENT SAVINGS PLAN

Name: DEWEY SERVICES, INC. - DEWEY SERVICES, INC. RETIREMENT SAVINGS PLAN (2023) Form 5500
Creator: DEWEY SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEWEY SERVICES, INC. RETIREMENT SAVINGS PLAN, DEWEY SERVICES, INC.

DEWEY SERVICES, INC.EIN 95-3152289Plan #001PY 2023

939 E UNION ST - PASADENA, CA 911061716626-568-9248dentistindillsburgpa.comLinkedIn11-50 employees

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$20.9M

+7.3% from 2022

Total participants

663

-2.2% from 2022

Average account balance

$35,491

+10.6% from 2022

Annual return

13.83%

+30.53 pp from 2022

Benchmarks

See 1,011 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,011 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.26M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

573

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.

84.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$228

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 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290	Contract Administrator	$119,193
PCF INSURANCE SERVICES OF THE WEST2 years Service code 49 · EIN 82-1368960	Other Services	$30,722

Plan features & details

Pension benefit codes2E2F2G2J2T

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.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$119K

$272 / participant

Contract admin$119K100.0%

% of EOY assets

0.571%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WEINBERG & COMPANY, P.A.
Auditor EIN: 650386288
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,491

$52,188-32.0%

$86,640-59.0%

$74,460-52.3%

Participation rate

82.9%

66.3%+16.5pp

71.7%+11.2pp

70.7%+12.1pp

Annual return

13.83%

44.46%-30.6pp

592.52%-578.7pp

34.38%-20.5pp

Employer contribution / active EE

$443

$2,282-80.6%

$3,024-85.4%

$2,638-83.2%

Participant deferral / active EE

$1,834

$3,383-45.8%

$4,438-58.7%

$4,530-59.5%

Admin fee / account holder

$203

$319-36.4%

$5,616-96.4%

$348-41.7%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY9+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$119,193

PCF INSURANCE SERVICES OF THE WEST2 years

Service code 49 · EIN 82-1368960

Other Services

$30,722

DEWEY SERVICES, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEWEY SERVICES, INC. RETIREMENT SAVINGS 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