Retirement plan

CLARIOS RETIREMENT SAVINGS AND INVESTMENT PLAN

Name: CLARIOS, LLC - CLARIOS RETIREMENT SAVINGS AND INVESTMENT PLAN (2023) Form 5500
Creator: CLARIOS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLARIOS RETIREMENT SAVINGS AND INVESTMENT PLAN, CLARIOS, LLC

CLARIOS, LLCEIN 39-1684871Plan #001PY 2023

5757 N GREEN BAY AVENUE - GLENDALE, WI 532094408414-524-2544clarios.comLinkedIn10001+ employeesautomotive

Other plans on this EIN

1 filing

#016Retirement-$251.1M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$277.6M

-20.8% from 2020

Total participants

5,889

-12.0% from 2020

Average account balance

$61,522

+9.3% from 2020

Annual return

16.47%

-19.71 pp from 2020

Benchmarks

See 138 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants5,000-9,999

Cohort138 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$333.61M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

5,174

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.

82.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$43.64M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$131

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
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Service code 37 · EIN 04-2647786	Loan Processing	$302,530
STRATEGIC ADVISORS, INC.5+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$163,624
AON CONSULTING4 years Filed as: AON HEWITT INVESTMENT Service code 16 · EIN 36-3109431	Consulting	$75,374
WIPFLI LLP4 years Filed as: WIPFLI Service code 10 · EIN 39-0758449	Accounting	$31,000
FOLEY & LARDNER LLP2 years Service code 29 · EIN 39-0473800	Legal	$13,077

Plan features & details

Pension benefit codes2T2E2G2K3B2S3H

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$586K

$115 / participant

Recordkeeping$303K51.7%
Investment mgmt$164K27.9%
Legal$13K2.2%
Other / not subdivided$106K18.2%

% of EOY assets

0.211%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: $31,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,522

$118,464-48.1%

$96,564-36.3%

$103,657-40.6%

Participation rate

72.9%

89.0%-16.1pp

76.0%-3.1pp

73.4%-0.4pp

Annual return

16.47%

18.79%-2.3pp

25.89%-9.4pp

33.13%-16.7pp

Employer contribution / active EE

$3,462

$4,210-17.8%

$2,967+16.7%

$3,216+7.7%

Participant deferral / active EE

$4,105

$7,277-43.6%

$4,852-15.4%

$5,218-21.3%

Admin fee / account holder

$130

$81+60.1%

$8,256-98.4%

$114+13.7%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Service code 37 · EIN 04-2647786

Loan Processing

$302,530

STRATEGIC ADVISORS, INC.5+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$163,624

AON CONSULTING4 years

Filed as: AON HEWITT INVESTMENT

Service code 16 · EIN 36-3109431

Consulting

$75,374

WIPFLI LLP4 years

Filed as: WIPFLI

Service code 10 · EIN 39-0758449

Accounting

$31,000

FOLEY & LARDNER LLP2 years

Service code 29 · EIN 39-0473800

Legal

$13,077

CLARIOS RETIREMENT SAVINGS AND INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLARIOS RETIREMENT SAVINGS AND INVESTMENT 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