Retirement plan

DERICHEBOURG RECYCLING USA 401(K) SAVINGS PLAN

Name: DERICHEBOURG RECYCLING USA, INC. - DERICHEBOURG RECYCLING USA 401(K) SAVINGS PLAN (2019) Form 5500
Creator: DERICHEBOURG RECYCLING USA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DERICHEBOURG RECYCLING USA 401(K) SAVINGS PLAN, DERICHEBOURG RECYCLING USA, INC.

DERICHEBOURG RECYCLING USA, INC.EIN 02-0324449Plan #001PY 2019

7501 WALLISVILLE RD - HOUSTON, TX 77020832-319-7818

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$4M

+13.3% from 2018

Total participants

122

-5.4% from 2018

Average account balance

$37,068

+17.5% from 2018

Annual return

13.95%

+20.86 pp from 2018

Benchmarks

See 9,236 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,236 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.79M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

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.

75.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$483K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18029

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
MAJORS & MONDRAGON3 years Service code 26 10603 W. SAM HOUSTON PARKWAY N · HOUSTON, TX 77064	Advisory (Participants)	$24,815

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$29K

$303 / participant

Investment mgmt$25K85.4%
Contract admin$4K14.6%

% of EOY assets

0.732%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WEAVER AND TIDWELL, L.L.P.
Auditor EIN: 750786316
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,068

$83,485-55.6%

$125,180-70.4%

$72,983-49.2%

Participation rate

84.4%

73.3%+11.1pp

79.8%+4.6pp

69.5%+14.9pp

Annual return

13.95%

25.78%-11.8pp

43.79%-29.8pp

81.01%-67.1pp

Employer contribution / active EE

$1,780

$2,346-24.1%

$3,866-53.9%

$2,440-27.0%

Participant deferral / active EE

$2,724

$3,586-24.0%

$4,937-44.8%

$3,608-24.5%

Admin fee / account holder

$271

$5,518-95.1%

$9,703-97.2%

$5,124-94.7%

Provider

Service type

Compensation

MAJORS & MONDRAGON3 years

Service code 26

10603 W. SAM HOUSTON PARKWAY N · HOUSTON, TX 77064

Advisory (Participants)

$24,815

DERICHEBOURG RECYCLING USA 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DERICHEBOURG RECYCLING USA 401(K) 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