Retirement plan

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

Name: REXEL USA, INC. - REXEL USA, INC. SECTION 401(K) SAVINGS PLAN (2022) 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 2022

5429 LBJ FREEWAY,, SUITE 600 - DALLAS, TX 75240972-450-8599rexelusa.comLinkedIn10001+ employeeselectrical/electronic manufacturing

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$678.3M

-17.6% from 2019

Total participants

8,990

-1.3% from 2019

Average account balance

$99,144

-9.4% from 2019

Annual return

-17.44%

-26.18 pp from 2019

Benchmarks

See 37 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants5,000-9,999

Cohort37 peers

Snapshot2022

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 5 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC3 years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$316,077
GALLAGHER FIDUCIARY ADVISORS, LLC1 year Service code 16 PO BOX 71396 · CHICAGO, IL 60694	Consulting	$56,667
GALLAGHER FIDUCIARY ADVISORS, LLC1 year Filed as: GALLAGHER BENEFIT SERVICES INC Service code 16 TWO PIERCE PLACE · ITASCA, IL 60143	Consulting	$21,250
MOSS ADAMS LLP1 year Service code 10 PO BOX 748369 · LOS ANGELES, CA 90074	Accounting	$10,000
CHARLES SCHWAB & CO., INC.1 year Service code 33 · EIN 94-1737782	Float revenue; Securities brokerage; ...	$1,380

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$547K

$76 / participant

Investment mgmt$57K10.4%
Other / not subdivided$491K89.6%

% of EOY assets

0.081%

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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$99,144

$71,813+38.1%

$119,628-17.1%

$78,104+26.9%

Participation rate

70.1%

81.7%-11.6pp

79.3%-9.2pp

74.5%-4.4pp

Annual return

-17.44%

-13.80%-3.6pp

-14.98%-2.5pp

10.90%-28.3pp

Employer contribution / active EE

$1,925

$2,836-32.1%

$4,232-54.5%

$3,128-38.4%

Participant deferral / active EE

$4,796

$4,953-3.2%

$5,601-14.4%

$5,089-5.7%

Admin fee / account holder

$80

$81-0.9%

$10,330-99.2%

$79+1.3%

Provider

Service type

Compensation

T ROWE PRICE RPS INC3 years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$316,077

GALLAGHER FIDUCIARY ADVISORS, LLC1 year

Service code 16

PO BOX 71396 · CHICAGO, IL 60694

Consulting

$56,667

GALLAGHER FIDUCIARY ADVISORS, LLC1 year

Filed as: GALLAGHER BENEFIT SERVICES INC

Service code 16

TWO PIERCE PLACE · ITASCA, IL 60143

Consulting

$21,250

MOSS ADAMS LLP1 year

Service code 10

PO BOX 748369 · LOS ANGELES, CA 90074

Accounting

$10,000

CHARLES SCHWAB & CO., INC.1 year

Service code 33 · EIN 94-1737782

Float revenue; Securities brokerage; ...

$1,380

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