Retirement plan

YAGEO GROUP EMPLOYEES' SAVINGS PLAN

Name: KEMET ELECTRONICS CORPORATION - YAGEO GROUP EMPLOYEES' SAVINGS PLAN (2024) Form 5500
Creator: KEMET ELECTRONICS CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, YAGEO GROUP EMPLOYEES' SAVINGS PLAN, KEMET ELECTRONICS CORPORATION

KEMET ELECTRONICS CORPORATIONEIN 06-1198308Plan #001PY 2024

1 E BROWARD BLVD, SUITE 500 - FORT LAUDERDALE, FL 333011872954-766-2800kemet.comLinkedIn10001+ employeeselectrical/electronic manufacturing

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed January 1, 1995

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.

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Total assets (EOY)

$204.9M

+25.1% from 2023

Total participants

1,204

-5.4% from 2023

Average account balance

$181,947

+3.8% from 2023

Annual return

34.44%

+16.88 pp from 2023

Benchmarks

See 2,379 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,379 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$204.87M

Not enough data

1 years with asset history on file

Average account balance

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

$182K

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.

1,126

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.

88.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.84M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+34.44%

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
MERCER6 years Service code 16 PO BOX 13793 · DALLAS, TX 75373	Consulting	$80,000
T ROWE PRICE RPS INC5 years Filed as: T ROWE PRICE RPS, INC. Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$72,582

Plan features & details

Pension benefit codes2G2J2K2S2T

Plan features

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.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$257K

$381 / participant

Investment mgmt$5560.2%
Other / not subdivided$256K99.8%

% of EOY assets

0.125%

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: ELLIOTT DAVIS, LLC/PLLC
Auditor EIN: 570381582
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$181,947

$89,123+104.2%

$102,460+77.6%

$77,762+134.0%

Participation rate

88.4%

80.9%+7.5pp

76.5%+11.9pp

70.6%+17.9pp

Annual return

34.44%

25.05%+9.4pp

29.47%+5.0pp

31.27%+3.2pp

Employer contribution / active EE

$5,332

$2,700+97.5%

$3,025+76.2%

$2,728+95.4%

Participant deferral / active EE

$9,244

$5,148+79.6%

$5,056+82.8%

$4,651+98.8%

Admin fee / account holder

$228

$236-3.3%

$9,460-97.6%

$433-47.3%

Provider

Service type

Compensation

MERCER6 years

Service code 16

PO BOX 13793 · DALLAS, TX 75373

Consulting

$80,000

T ROWE PRICE RPS INC5 years

Filed as: T ROWE PRICE RPS, INC.

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$72,582

YAGEO GROUP EMPLOYEES' SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

YAGEO GROUP EMPLOYEES' SAVINGS PLAN

Top hat statement on fileNQDC

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