Retirement plan

DARLING INGREDIENTS INC. HOURLY AND BARGAINING 401(K) SAVINGS PLAN

Name: DARLING INGREDIENTS INC. - DARLING INGREDIENTS INC. HOURLY AND BARGAINING 401(K) SAVINGS PLAN (2019) Form 5500
Creator: DARLING INGREDIENTS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DARLING INGREDIENTS INC. HOURLY AND BARGAINING 401(K) SAVINGS PLAN, DARLING INGREDIENTS INC.

DARLING INGREDIENTS INC.EIN 36-2495346Plan #004PY 2019

5601 N. MACARTHUR BLVD - IRVING, TX 75038972-281-4430

Other plans on this EIN

5 filings

#040Retirement-$148.8M assets #001Retirement-$97.9M assets #008Retirement-$22.9M assets #031Retirement-$16.1M assets #037Retirement-$1.2M assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$57.4M

-16.5% from 2017

Total participants

4,062

+4.3% from 2017

Average account balance

$16,233

-9.3% from 2017

Annual return

19.70%

-5.86 pp from 2017

Benchmarks

See 230 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort230 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-100.00%

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
CFO4LIFE1 year Filed as: CFO4LIFE GROUP, LLC Service code 27 735 PLAZA BLVD · COPPELL, TX 75019	Advisory (Plan)	$114,295
NEWPORT GROUP, INC.1 year Filed as: NEWPORT GROUP, INC Service code 15 · EIN 27-2037969	Recordkeeping	$80,543
PNC BANK, N.A.5+ years Service code 25 · EIN 22-1146430	Directed Trustee	$62,150

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.
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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$257K

$93 / participant

Investment mgmt$114K44.5%
Other / not subdivided$143K55.5%

% of EOY assets

0.448%

all-in expense ratio

Categories reported

1 / 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: CORNWELL JACKSON, PLLC
Auditor EIN: 274461251
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,233

$65,708-75.3%

$76,667-78.8%

$77,775-79.1%

Participation rate

81.0%

79.0%+2.0pp

72.1%+8.9pp

73.2%+7.8pp

Annual return

19.70%

49.86%-30.2pp

1166.74%-1147.0pp

32.58%-12.9pp

Employer contribution / active EE

$1,196

$2,167-44.8%

$2,303-48.1%

$2,504-52.2%

Participant deferral / active EE

$1,247

$3,254-61.7%

$3,336-62.6%

$3,966-68.6%

Admin fee / account holder

$73

$91-19.9%

$6,423-98.9%

$100-27.4%

Provider

Service type

Compensation

CFO4LIFE1 year

Filed as: CFO4LIFE GROUP, LLC

Service code 27

735 PLAZA BLVD · COPPELL, TX 75019

Advisory (Plan)

$114,295

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT GROUP, INC

Service code 15 · EIN 27-2037969

Recordkeeping

$80,543

PNC BANK, N.A.5+ years

Service code 25 · EIN 22-1146430

Directed Trustee

$62,150

DARLING INGREDIENTS INC. HOURLY AND BARGAINING 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DARLING INGREDIENTS INC. HOURLY AND BARGAINING 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