Retirement plan

EXXELIA USA INC 401(K) PROFIT SHARING PLAN & TRUST

Name: EXXELIA USA INC - EXXELIA USA INC 401(K) PROFIT SHARING PLAN & TRUST (2022) Form 5500
Creator: EXXELIA USA INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EXXELIA USA INC 401(K) PROFIT SHARING PLAN & TRUST, EXXELIA USA INC

EXXELIA USA INCEIN 45-2894705Plan #001PY 2022

1221 N US HIGHWAY 17 92 - LONGWOOD, FL 327503739407-695-6562

Prospect flagsHigh cashLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$2.3M

-7.9% from 2021

Total participants

169

-11.5% from 2021

Average account balance

$13,976

+1.8% from 2021

Annual return

-16.67%

-25.66 pp from 2021

Benchmarks

See 4,068 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,068 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$146K

Not enough data

1 years with asset history on file

Average account balance

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

$7K

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.

6.1%

Not enough data

1 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

+4.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$441

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 1 by compensation

Provider	Service type	Compensation
DELTA CAPITAL MANAGEMENT LLC3+ years Service code 26 698 N MAITLAND AVE · LONGWOOD, FL 32751	Advisory (Participants)	$21,292

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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

$26K

$189 / participant

Investment mgmt$21K81.3%
Contract admin$5K18.7%

% of EOY assets

1.164%

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: BERMAN HOPKINS WRIGHT & LAHAM, CPAS
Auditor EIN: 591152714
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,976

$65,437-78.6%

$86,698-83.9%

$66,949-79.1%

Participation rate

94.2%

75.5%+18.8pp

76.6%+17.7pp

69.8%+24.4pp

Annual return

-16.67%

-10.91%-5.8pp

35.96%-52.6pp

1.57%-18.2pp

Employer contribution / active EE

$425

$2,154-80.2%

$2,837-85.0%

$2,545-83.3%

Participant deferral / active EE

$2,136

$4,102-47.9%

$4,656-54.1%

$4,239-49.6%

Admin fee / account holder

$163

$642-74.6%

$7,492-97.8%

$594-72.6%

Provider

Service type

Compensation

DELTA CAPITAL MANAGEMENT LLC3+ years

Service code 26

698 N MAITLAND AVE · LONGWOOD, FL 32751

Advisory (Participants)

$21,292

EXXELIA USA INC 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EXXELIA USA INC 401(K) PROFIT SHARING PLAN & TRUST

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