Retirement plan

DARLING INGREDIENTS 401(K) FBO LOCAL 2326 UAW

Name: DARLING INGREDIENTS FBO LOCAL 2326 UAW - DARLING INGREDIENTS 401(K) FBO LOCAL 2326 UAW (2017) Form 5500
Creator: DARLING INGREDIENTS FBO LOCAL 2326 UAW
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DARLING INGREDIENTS 401(K) FBO LOCAL 2326 UAW, DARLING INGREDIENTS FBO LOCAL 2326 UAW

DARLING INGREDIENTS FBO LOCAL 2326 UAWEIN 36-2495346Plan #037PY 2017

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

Other plans on this EIN

5 filings

#040Retirement-$141.8M assets #001Retirement-$92.4M assets #004Retirement-$48.8M assets #008Retirement-$21.0M assets #031Retirement-$15.3M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$938K

-12.0% from 2018

Total participants

0.0% from 2018

Average account balance

$25,357

-12.0% from 2018

Annual return

7.85%

+10.64 pp from 2018

Benchmarks

See 2,342 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,342 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.26M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

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.

208.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$138K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7467

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

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

$55K

$2201 / participant

Other / not subdivided$55K100.0%

% of EOY assets

5.864%

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

$25,357

$56,544-55.2%

$75,501-66.4%

$70,126-63.8%

Participation rate

100.0%

68.1%+31.9pp

72.4%+27.6pp

69.5%+30.5pp

Annual return

7.85%

23.59%-15.7pp

27.35%-19.5pp

73.15%-65.3pp

Employer contribution / active EE

$2,189

$1,817+20.5%

$2,352-6.9%

$2,343-6.6%

Participant deferral / active EE

$3,343

$2,580+29.6%

$3,142+6.4%

$3,332+0.3%

Admin fee / account holder

$1,487

$3,827-61.1%

$5,801-74.4%

$4,646-68.0%

DARLING INGREDIENTS 401(K) FBO LOCAL 2326 UAW

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DARLING INGREDIENTS 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