Retirement plan

REXEL USA, INC. SECTION 401(K) SAVINGS PLAN

Name: REXEL USA, INC. - REXEL USA, INC. SECTION 401(K) SAVINGS PLAN (2024) Form 5500
Creator: REXEL USA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, REXEL USA, INC. SECTION 401(K) SAVINGS PLAN, REXEL USA, INC.

REXEL USA, INC.EIN 20-5021845Plan #003PY 2024

5429 LBJ FREEWAY,, SUITE 600 - DALLAS, TX 75240972-308-9309rexelusa.comLinkedIn10001+ employeeselectrical/electronic manufacturing

Other plans on this EIN

1 filing

#001Retirement-$162.8M assets

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$972.5M

+13.6% from 2023

Total participants

9,254

-4.6% from 2023

Average account balance

$112,647

+16.8% from 2023

Annual return

14.79%

-12.83 pp from 2023

Benchmarks

See 43 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants5,000-9,999

Cohort43 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$972.48M

Not enough data

1 years with asset history on file

Average account balance

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

$113K

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.

8,633

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.

91.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$73.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$70

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

See the 7-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC5 years Service code 15 1307 POINT STREET · BALTIMORE, MD 21231	Recordkeeping	$416,206
GALLAGHER FIDUCIARY ADVISORS, LLC3 years Filed as: GALLAGHER BENEFIT SERVICES INC Service code 16 TWO PIERCE PLACE · ITASCA, IL 60143	Consulting	$63,750
GALLAGHER FIDUCIARY ADVISORS, LLC3 years Service code 16 PO BOX 71396 · CHICAGO, IL 60694	Consulting	$21,250
CHARLES SCHWAB & CO., INC.3 years Service code 33 · EIN 94-1737782	Other commissions; Shareholder servic...	$228

Plan features & details

Pension benefit codes2E2G2J2K2R2S2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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

1 tripped

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

$608K

$84 / participant

Recordkeeping$416K68.5%
Other trustee fees$105K17.3%
Other / not subdivided$87K14.3%

% of EOY assets

0.063%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$112,647

$93,462+20.5%

$164,813-31.7%

$99,062+13.7%

Participation rate

91.4%

79.9%+11.5pp

78.6%+12.8pp

71.6%+19.8pp

Annual return

14.79%

15.71%-0.9pp

69.93%-55.1pp

17.66%-2.9pp

Employer contribution / active EE

$2,981

$3,099-3.8%

$4,341-31.3%

$3,262-8.6%

Participant deferral / active EE

$7,154

$5,366+33.3%

$6,031+18.6%

$5,331+34.2%

Admin fee / account holder

$70

$81-13.4%

$12,690-99.4%

$109-35.4%

Provider

Service type

Compensation

T ROWE PRICE RPS INC5 years

Service code 15

1307 POINT STREET · BALTIMORE, MD 21231

Recordkeeping

$416,206

GALLAGHER FIDUCIARY ADVISORS, LLC3 years

Filed as: GALLAGHER BENEFIT SERVICES INC

Service code 16

TWO PIERCE PLACE · ITASCA, IL 60143

Consulting

$63,750

GALLAGHER FIDUCIARY ADVISORS, LLC3 years

Service code 16

PO BOX 71396 · CHICAGO, IL 60694

Consulting

$21,250

CHARLES SCHWAB & CO., INC.3 years

Service code 33 · EIN 94-1737782

Other commissions; Shareholder servic...

$228

REXEL USA, INC. SECTION 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

REXEL USA, INC. SECTION 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