Retirement plan

DARLING INT'L 401(K) FBO LOCAL 2326 UAW

Name: DARLING INTERNATIONAL FBO LOCAL 2326 UAW - DARLING INT'L 401(K) FBO LOCAL 2326 UAW (2015) Form 5500
Creator: DARLING INTERNATIONAL FBO LOCAL 2326 UAW
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DARLING INT'L 401(K) FBO LOCAL 2326 UAW, DARLING INTERNATIONAL FBO LOCAL 2326 UAW

DARLING INTERNATIONAL FBO LOCAL 2326 UAWEIN 36-2495346Plan #001PY 2015

825 WILSON AVENUE - NEWARK, NJ 07105973-474-5902

Other plans on this EIN

4 filings

#040Retirement-$116.0M assets #004Retirement-$35.3M assets #008Retirement-$18.1M assets #031Retirement-$13.2M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$742K

-99.1% from 2016

Total participants

-96.7% from 2016

Average account balance

$23,923

No prior year

Annual return

-4.52%

-12.78 pp from 2016

Benchmarks

See 2,630 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort2,630 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$81.11M

Not enough data

1 years with asset history on file

Average account balance

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

$105K

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.

660

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$343K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+3.27%

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

1 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$113K

$5154 / participant

Other / not subdivided$113K100.0%

% of EOY assets

15.289%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,923

$87,016-72.5%

$63,244-62.2%

$125,389-80.9%

Participation rate

100.0%

77.1%+22.9pp

71.0%+29.0pp

83.2%+16.8pp

Annual return

-4.52%

21.71%-26.2pp

-70.31%+65.8pp

282.24%-286.8pp

Employer contribution / active EE

$2,258

$3,601-37.3%

$2,322-2.8%

$4,866-53.6%

Participant deferral / active EE

$1,180

$3,939-70.0%

$2,953-60.0%

$5,352-77.9%

Admin fee / account holder

$3,657

$11,954-69.4%

$5,893-37.9%

$9,541-61.7%

DARLING INT'L 401(K) FBO LOCAL 2326 UAW

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DARLING INT'L 401(K) FBO LOCAL 2326 UAW

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