Retirement plan

DUPONT RETIREMENT SAVINGS PLAN

E. I. DU PONT DE NEMOURS AND COMPANYEIN 51-0014090Plan #002PY 2017
974 CENTRE ROAD, CHESTNUT RUN PLAZA 730/3255-1 - WILMINGTON, DE 19805302-992-4502
Other plans on this EIN
1 filing
Prospect flagsHigh retiree %Low returnsHigh assets / participantFailed to transmit contributions

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(302) 992-4502
Plan administrator signer
MARK DURKOVIC
Signed 10/12/2018
Plan administrator entity
DUPONT BENEFITS ADMINISTRATIVE COMMITTEE
EIN 510014090
974 CENTRE RD, CHESTNUT RUN 730/3255-1 · WILMINGTON, DE 19805

Summary metrics

Total assets (EOY)
$11054.7M
+1.5% from 2016
Total participants
43,016
+4.0% from 2016
Average account balance
$258,723
-1.7% from 2016
Annual return
12.12%
-4.98 pp from 2016

Benchmarks

Peer group
Industry32 - Manufacturing
Plan typeDefined contribution
Participants>=10,000
Cohort50 peers
Snapshot2017
Participant deferral / active EE
$10,159
median $8,284
Employer contribution / active EE
$9,232
median $4,348
Participation rate
98.5%
median 94.2%
Avg account balance
$258,723
median $180,617
Admin fee / account holder
$61
median $64
Annual return
12.12%
median 16.70%
Overall peer rank
55th percentileavg across 6 metrics

Analytics

2015 - 2021
Total assets (EOY)
Plan-year ending balance
$8.02B
Average account balance
Total assets / participants with a balance (line 6g)
$288K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
27,890
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
96.1%
Contributions (total)
Employer and participant dollars contributed each year
$203.12M
Contributions per participant
Average employer and participant contribution per enrolled participant
$21K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+11.52%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$51
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 3 by compensation
ProviderService typeCompensation
Service code 15 · EIN 13-5674085
Recordkeeping
$2,740,117
Service code 10 · EIN 13-4008324
Accounting
$44,980
BDO2 years
Service code 16 · EIN 13-5381590
Consulting
$33,858

Top hat statement on fileNQDC

Filed June 5, 2008 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Plan features & details

Pension benefit codes2E2F2G2J2K2O2R2S2T3F3H
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.
  • 2O
    ESOP other than a leveraged ESOP
    Employee stock ownership plan that is not leveraged.
  • 2R
    Participant-directed brokerage accounts
    Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 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

4 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • ComplianceFailed to transmit contributions

    Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

  • InformationalHigh assets / participant

    Assets per participant exceed $250,000 - top-decile high-value plan.

  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II
Admin total
$2.6M
$132 / participant
  • Contract admin$3M97.0%
  • Other / not subdivided$79K3.0%
% of EOY assets
0.024%
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
PRICEWATERHOUSECOOPERS
Auditor EIN
134008324
Audit fees
(not subdivided)
Opinion code
Unqualified