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Dalrymple Companies 401k and Dalrymple Gravel Prevailing Wage Plan


Plan Information

  • Plan Year01/01/2019 — 12/31/2019
  • Date of Plan01/01/2000
  • Net Assets as of 12/31/2019 $13,171,561
  • Plan Number2
  • Plan Type Multiple Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program? No
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2019

  • Active (Eligible) Participants199
  • Retired or separated participants receiving benefits6
  • Other retired or separated participants entitled to future benefits13
  • Subtotal218
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits3
  • Total221
  • Total number of participants as of 01/01/2019193
  • Number of participants with account balances143
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested0


  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address2105 South Broadway
  • CityPine City
  • StateNY
  • Zip14871
  • Telephone(607) 737-6200
  • EIN16-1137772
  • Industry Code551112

Audit Information

  • Audit StatusAudited
  • AuditorDannible & Mckee
  • Auditor EIN33-0996661
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all 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 A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees 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 if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
3D Master plan A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $1,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No


Income and Expense Statement

Income $3,220,291
Contributions $914,139
Cash Contributions $914,139
Cash from Employers $65,366
Cash from Participants $755,461
Others (including rollovers) $93,312
Noncash Contributions $0
Total Earnings on Investments $2,305,836
Total Interest $31,618
Interest-Bearing Cash $31,618
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $0
Interest from Other Investments $0
Total Dividends $453,988
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $449,976
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $1,370,254
Other Income $316
Expenses $964,525
Total Benefit Payments $947,160
Directly to participants or beneficiaries, including direct rollovers $947,160
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $10,733
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $6,632
Professional Fees $6,632
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $2,255,766
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2019 12/31/2018 Change YOY
Total Assets $13,171,561 $10,915,795 20.67%
Total noninterest-bearing cash $3,474 $0 0.0%
Receivables $27,408 $17,386 57.64%
Employer Contributions $783 $1,465 -46.55%
Participant Contributions $9,821 $11,167 -12.05%
Other Contributions $16,804 $4,754 253.47%
General Investments $1,333,491 $1,476,704 -9.70%
Interest-bearing cash $1,333,491 $1,476,704 -9.70%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $0 $0 0.0%
Value of interest in common/collective trusts $2,560,404 $2,148,517 19.17%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $9,246,784 $7,273,188 27.14%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $0 $0 0.0%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $13,171,561 $10,915,795 20.67%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Federated Government Obligations
  • Dodge & Cox Income
  • Loomis Sayles Bond
  • Vanguard Bond Index - Lt Bond
  • Vanguard Intermediate Term Treasury
  • Vanguard St Investment Grade
  • Allianz Int'L Growth Opportunity
  • Artisan International Fund
  • Dodge & Cox Stock Fund
  • Dodge & Cox Balanced
  • Clearbridge Small Cap Growth Fund
  • T Rowe Price Blue Chip
  • Vanguard Mid Cap Index Fund
  • Vanguard Small Cap Index Fund
  • Vanguard Extended Market Index
  • Vanguard Total Stock Market Index
  • Vanguard 500 Index
  • Parnassus Equity Income
  • Vanguard Total Bond Mkt Index

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Chemung Canal Trust Company Contract Administrator, Recordkeeping and information management (computing, tabulating, data processing, etc.), Consulting (general), Consulting (pension), Trustee (bank, trust company, or similar financial institution), Trustee (discretionary), Investment advisory (participants), Investment advisory (plan), Participant communication, Direct payment from the plan, Recordkeeping fees, Account maintenance fees Demin Shrhldr of Cctc $6,632 $0 $6,632
Total $6,632 $0 $6,632

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.



Name of Investment Investment Manager Type of Investment Dollar Value
Cctc Growth & Income Fund Chemung Canal Trust Company DFE: Common/Collective Trust $1,845,905
Cctc Core Growth Fund Chemung Canal Trust Company DFE: Common/Collective Trust $714,499
Total $2,560,404

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.