Retirement plan

DEUFOL NORTH AMERICA RETIREMENT PLAN

Name: DEUFOL NORTH AMERICA, INC. - DEUFOL NORTH AMERICA RETIREMENT PLAN (2022) Form 5500
Creator: DEUFOL NORTH AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEUFOL NORTH AMERICA RETIREMENT PLAN, DEUFOL NORTH AMERICA, INC.

DEUFOL NORTH AMERICA, INC.EIN 04-3506589Plan #001PY 2022

C/O DEUFOL SUNMAN, INC., 2300 PEACOCK ROAD - RICHMOND, IN 47374812-716-4242LinkedIn1001-5000 employeeslogistics and supply chain

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$4.8M

-25.2% from 2021

Total participants

-6.6% from 2021

Average account balance

$71,336

-15.1% from 2021

Annual return

-18.13%

-31.85 pp from 2021

Benchmarks

See 5,556 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,556 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.30M

Not enough data

1 years with asset history on file

Average account balance

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

$93K

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.

62.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$183K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24337

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 2 by compensation

Provider	Service type	Compensation
DYNAMIC PENSION SERVICES, INC.1 year Service code 13 · EIN 31-1585572 2176 HEWITT AVENUE, SUITE A · KETTERING, OH 45440	Contract Administrator	$5,865
VOYA RETIREMENT INSURANCE & ANNUITY3+ years Filed as: VOYA RETIREMENT INS AND ANNUITY CO Service code 27 · EIN 71-0294708	Advisory (Plan)	$3,600

Plan features & details

Pension benefit codes2F2G2J3D3H

Plan features

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.
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$7K

$102 / participant

Other / not subdivided$7K100.0%

% of EOY assets

0.139%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SELDON FOX, LTD.
Auditor EIN: 362985770
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,336

$73,009-2.3%

$90,760-21.4%

$68,486+4.2%

Participation rate

50.8%

70.8%-20.1pp

75.7%-24.9pp

67.9%-17.1pp

Annual return

-18.13%

-13.81%-4.3pp

-12.16%-6.0pp

-7.85%-10.3pp

Employer contribution / active EE

$2,193-100.0%

$2,922-100.0%

$2,597-100.0%

Participant deferral / active EE

$2,939

$3,626-18.9%

$4,565-35.6%

$4,028-27.0%

Admin fee / account holder

$99

$5,896-98.3%

$8,444-98.8%

$5,404-98.2%

Provider

Service type

Compensation

DYNAMIC PENSION SERVICES, INC.1 year

Service code 13 · EIN 31-1585572

2176 HEWITT AVENUE, SUITE A · KETTERING, OH 45440

Contract Administrator

$5,865

VOYA RETIREMENT INSURANCE & ANNUITY3+ years

Filed as: VOYA RETIREMENT INS AND ANNUITY CO

Service code 27 · EIN 71-0294708

Advisory (Plan)

$3,600

DEUFOL NORTH AMERICA RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEUFOL NORTH AMERICA RETIREMENT 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