Retirement plan

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

Name: REXEL USA, INC. REXEL BENEFITS DEPARTMENT - REXEL USA, INC. SECTION 401(K) SAVINGS PLAN (2019) Form 5500
Creator: REXEL USA, INC. REXEL BENEFITS DEPARTMENT
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 BENEFITS DEPARTMENT

REXEL USA, INC. REXEL BENEFITS DEPARTMENTEIN 20-5021845Plan #003PY 2019

14951 DALLAS PARKWAY - DALLAS, TX 75254888-739-3547rexelusa.comLinkedIn10001+ employeeselectrical/electronic manufacturing

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$706.8M

-17.6% from 2019

Total participants

7,863

-1.3% from 2019

Average account balance

$107,718

-9.4% from 2019

Annual return

23.50%

-26.18 pp from 2019

Benchmarks

See 43 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants5,000-9,999

Cohort43 peers

Snapshot2019

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

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

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

Service providers

Top 7 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC2+ years Filed as: T. ROWE PRICE Service code 15 · EIN 52-1714114	Recordkeeping	$346,649
USI CONSULTING GROUP2+ years Filed as: USI ADVISORS Service code 27 · EIN 06-1397347	Advisory (Plan)	$57,105
MERCER1 year Service code 16 100 EAST PRATT STREET · BALTIMOARE, MD 21202	Consulting	$37,293
BAKER TILLY US, LLP1 year Filed as: BAKER TILLY VIRCHOW KRAUSE Service code 10 · EIN 39-0859910	Accounting	$25,044
BAKER TILLY US, LLP1 year Filed as: MONTGOMERY COSCIA GREILICH LLP Service code 10 · EIN 75-2919818	Accounting	$24,956
OGLETREE DEAKINS2+ years Service code 29 PO BOX 89 · COLUMBIA, SC 29202	Legal	$14,672
QDRO CONSULTANTS COMPANY, LLC2+ years Filed as: QDRO CONSULTANTS Service code 16 3071 PEARL ROAD · MEDINA, OH 44256	Consulting	$1,200

Plan features & details

Pension benefit codes2E2G2J2K2R2T3H

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$664K

$106 / participant

Investment mgmt$57K8.6%
Contract admin$347K52.2%
Other / not subdivided$260K39.1%

% of EOY assets

0.094%

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: BAKER TILLY VIRCHOW KRAUSE
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$107,718

$83,826+28.5%

$125,195-14.0%

$82,204+31.0%

Participation rate

79.2%

83.1%-3.9pp

79.8%-0.6pp

73.4%+5.8pp

Annual return

23.50%

22.78%+0.7pp

43.79%-20.3pp

26.31%-2.8pp

Employer contribution / active EE

$1,967

$2,267-13.2%

$3,866-49.1%

$2,707-27.3%

Participant deferral / active EE

$4,688

$4,293+9.2%

$4,937-5.1%

$4,246+10.4%

Admin fee / account holder

$101

$74+36.0%

$9,704-99.0%

$76+33.7%

Provider

Service type

Compensation

T ROWE PRICE RPS INC2+ years

Filed as: T. ROWE PRICE

Service code 15 · EIN 52-1714114

Recordkeeping

$346,649

USI CONSULTING GROUP2+ years

Filed as: USI ADVISORS

Service code 27 · EIN 06-1397347

Advisory (Plan)

$57,105

MERCER1 year

Service code 16

100 EAST PRATT STREET · BALTIMOARE, MD 21202

Consulting

$37,293

BAKER TILLY US, LLP1 year

Filed as: BAKER TILLY VIRCHOW KRAUSE

Service code 10 · EIN 39-0859910

Accounting

$25,044

BAKER TILLY US, LLP1 year

Filed as: MONTGOMERY COSCIA GREILICH LLP

Service code 10 · EIN 75-2919818

Accounting

$24,956

OGLETREE DEAKINS2+ years

Service code 29

PO BOX 89 · COLUMBIA, SC 29202

Legal

$14,672

QDRO CONSULTANTS COMPANY, LLC2+ years

Filed as: QDRO CONSULTANTS

Service code 16

3071 PEARL ROAD · MEDINA, OH 44256

Consulting

$1,200

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