Retirement plan

DOREL U.S.A. ASSOCIATES 401(K) RETIREMENT PLAN

Name: DOREL U.S.A., INC. - DOREL U.S.A. ASSOCIATES 401(K) RETIREMENT PLAN (2023) Form 5500
Creator: DOREL U.S.A., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DOREL U.S.A. ASSOCIATES 401(K) RETIREMENT PLAN, DOREL U.S.A., INC.

DOREL U.S.A., INC.EIN 35-1851471Plan #013PY 2023

2525 STATE STREET - COLUMBUS, IN 47201812-372-0141

Other plans on this EIN

1 filing

#011Retirement-$83.0M assets

Prospect flagsLow returnsLow participationLow employer contributionLow participant contributionFailed to transmit contributions

Top hat statement on fileNQDC

Filed December 23, 1998

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.

Open the filing PDF

How to read this page

Total assets (EOY)

$11.1M

+2.7% from 2022

Total participants

437

-2.2% from 2022

Average account balance

$38,178

+2.0% from 2022

Annual return

12.60%

+42.94 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

$9.55M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

291

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.

66.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$458K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+9.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$86

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 15 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping	$18,183
BLUE CHIP RETIREMENT PLANS, INC.1 year Filed as: BLUE & CO LLC Service code 99 12800 N. MERIDIAN ST., SUITE 400 · CARMEL, IN 46032	Other Fees	$3,500
SAGEVIEW ADVISORY GROUP, LLC8 years Service code 99 1920 MAIN ST., SUITE 800 · IRVINE, CA 92614	Other Fees	$1,322
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Advisory (Participants)	$5

Plan features & details

Pension benefit codes2E2J2F2G2K3H2S2T

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.
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

5 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.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$23K

$63 / participant

Recordkeeping$18K79.0%
Investment mgmt$1K5.8%
Other / not subdivided$4K15.2%

% of EOY assets

0.206%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BLUE & CO.,LLC
Auditor EIN: 351178661
Audit fees: $3,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,178

$84,784-55.0%

$98,461-61.2%

$74,460-48.7%

Participation rate

60.3%

81.5%-21.3pp

75.2%-14.9pp

70.7%-10.5pp

Annual return

12.60%

20.59%-8.0pp

21.17%-8.6pp

34.38%-21.8pp

Employer contribution / active EE

$478

$3,364-85.8%

$3,049-84.3%

$2,638-81.9%

Participant deferral / active EE

$1,074

$5,218-79.4%

$4,738-77.3%

$4,530-76.3%

Admin fee / account holder

$79

$204-61.5%

$8,961-99.1%

$348-77.3%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 15 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping

$18,183

BLUE CHIP RETIREMENT PLANS, INC.1 year

Filed as: BLUE & CO LLC

Service code 99

12800 N. MERIDIAN ST., SUITE 400 · CARMEL, IN 46032

Other Fees

$3,500

SAGEVIEW ADVISORY GROUP, LLC8 years

Service code 99

1920 MAIN ST., SUITE 800 · IRVINE, CA 92614

Other Fees

$1,322

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 26 · EIN 84-1532243

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Advisory (Participants)

DOREL U.S.A. ASSOCIATES 401(K) RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DOREL U.S.A. ASSOCIATES 401(K) RETIREMENT 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