Retirement plan

DECORATIVE PANELS 401K PLAN

Name: DECORATIVE PANELS INTERNATIONAL - DECORATIVE PANELS 401K PLAN (2023) Form 5500
Creator: DECORATIVE PANELS INTERNATIONAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DECORATIVE PANELS 401K PLAN, DECORATIVE PANELS INTERNATIONAL

DECORATIVE PANELS INTERNATIONALEIN 20-1014249Plan #002PY 2023

2900 HILL AVE - TOLEDO, OH 43607419-535-5921

Other plans on this EIN

1 filing

#003Retirement-$11.0M assets

Prospect flagsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$8.5M

-12.9% from 2022

Total participants

301

+1.7% from 2022

Average account balance

$68,661

-5.2% from 2022

Annual return

17.92%

+34.28 pp from 2022

Benchmarks

See 1,153 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,153 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+1.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 7 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC9+ years Filed as: T. ROWE PRICE RPS, INC. Service code 15 · EIN 52-1309931	Recordkeeping	$16,900
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Filed as: FIDELITY Service code 28 · EIN 04-2647786	Investment Management	$0
INVESCO3 years Service code 28 · EIN 26-4521338	Investment Management	$0
PIMCO FUNDS9+ years Service code 28 · EIN 33-0629048	Investment Management	$0
PRUDENTIAL RETIREMENT INSURANCE AND6 years Filed as: PRUDENTIAL JENNISON Service code 28 · EIN 22-3703799	Investment Management	$0
T ROWE PRICE RPS INC6 years Filed as: T ROWE PRICE RPS, INC Service code 15	Recordkeeping	$0
TRANSAMERICA RETIREMENT SOLUTIONS4 years Filed as: TRANSAMERCIA FUND Service code 28 · EIN 36-6071399	Investment Management	$0

Plan features & details

Pension benefit codes2F2G2J2K3D2E2T

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$30K

$109 / participant

Other / not subdivided$30K100.0%

% of EOY assets

0.353%

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: CROWE LLP
Auditor EIN: 350921680
Audit fees: $30,041
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,661

$84,784-19.0%

$98,462-30.3%

$74,473-7.8%

Participation rate

35.6%

81.5%-45.9pp

75.2%-39.5pp

70.7%-35.1pp

Annual return

17.92%

20.59%-2.7pp

21.17%-3.2pp

34.36%-16.4pp

Employer contribution / active EE

$843

$3,364-75.0%

$3,049-72.4%

$2,638-68.1%

Participant deferral / active EE

$1,819

$5,218-65.1%

$4,738-61.6%

$4,530-59.8%

Admin fee / account holder

$242

$204+18.5%

$8,875-97.3%

$347-30.2%

Provider

Service type

Compensation

T ROWE PRICE RPS INC9+ years

Filed as: T. ROWE PRICE RPS, INC.

Service code 15 · EIN 52-1309931

Recordkeeping

$16,900

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Filed as: FIDELITY

Service code 28 · EIN 04-2647786

Investment Management

INVESCO3 years

Service code 28 · EIN 26-4521338

Investment Management

PIMCO FUNDS9+ years

Service code 28 · EIN 33-0629048

Investment Management

PRUDENTIAL RETIREMENT INSURANCE AND6 years

Filed as: PRUDENTIAL JENNISON

Service code 28 · EIN 22-3703799

Investment Management

T ROWE PRICE RPS INC6 years

Filed as: T ROWE PRICE RPS, INC

Service code 15

Recordkeeping

TRANSAMERICA RETIREMENT SOLUTIONS4 years

Filed as: TRANSAMERCIA FUND

Service code 28 · EIN 36-6071399

Investment Management

DECORATIVE PANELS 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DECORATIVE PANELS 401K 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