Retirement plan

DELEK US 401(K) PLAN

Name: DELEK US HOLDINGS, INC. - DELEK US 401(K) PLAN (2023) Form 5500
Creator: DELEK US HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DELEK US 401(K) PLAN, DELEK US HOLDINGS, INC.

DELEK US HOLDINGS, INC.EIN 52-2319066Plan #001PY 2023

310 SEVEN SPRINGS WAY, SUITE 500 - BRENTWOOD, TN 37027615-771-6701

Prospect flagsFailed to provide benefitCorrective distributions

How to read this page

Total assets (EOY)

$334.5M

+3.0% from 2016

Total participants

4,364

-18.4% from 2016

Average account balance

$82,187

-27.2% from 2016

Annual return

19.20%

-0.21 pp from 2016

Benchmarks

See 376 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort376 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$392.14M

Not enough data

1 years with asset history on file

Average account balance

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

$93K

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.

4,223

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.

88.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$53.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+14.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$53

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
STRATEGIC ADVISORS, INC.5 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$131,287
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: RAYMOND JAMES Service code 27 · EIN 59-1237041 PO BOX 23641 · ST PETERSBURG, FL 33742	Advisory (Plan)	$80,000
CLIFTONLARSONALLEN LLP5 years Filed as: CRI CPAS AND ADVISORS Service code 10 · EIN 72-1396621	Accounting	$64,850
PRINCIPAL LIFE INSURANCE COMPANY1 year Filed as: PRINCIPAL FINANCIAL GROUP Service code 49 · EIN 42-0127290	Other Services	$14,000
FIDELITY INVESTMENTS INSTITUTIONAL5 years Service code 37 · EIN 04-2647786	Loan Processing	-$126,937

Plan features & details

Pension benefit codes2J2K2R2T3D2E2F2G

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$143K

$42 / participant

Investment mgmt$192K134.3%
Contract admin$5K3.4%

% of EOY assets

0.043%

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: CARR, RIGGS & INGRAM, LLC
Auditor EIN: 721396621
Audit fees: $64,850
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,187

$44,714+83.8%

$86,251-4.7%

$80,187+2.5%

Participation rate

91.4%

63.6%+27.7pp

69.0%+22.4pp

72.9%+18.4pp

Annual return

19.20%

19.62%-0.4pp

1170.54%-1151.3pp

40.40%-21.2pp

Employer contribution / active EE

$5,008

$1,102+354.4%

$2,381+110.3%

$2,980+68.1%

Participant deferral / active EE

$6,980

$2,773+151.7%

$3,987+75.1%

$5,016+39.2%

Admin fee / account holder

$35

$134-73.7%

$6,857-99.5%

$145-75.8%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.5 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$131,287

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: RAYMOND JAMES

Service code 27 · EIN 59-1237041

PO BOX 23641 · ST PETERSBURG, FL 33742

Advisory (Plan)

$80,000

CLIFTONLARSONALLEN LLP5 years

Filed as: CRI CPAS AND ADVISORS

Service code 10 · EIN 72-1396621

Accounting

$64,850

PRINCIPAL LIFE INSURANCE COMPANY1 year

Filed as: PRINCIPAL FINANCIAL GROUP

Service code 49 · EIN 42-0127290

Other Services

$14,000

FIDELITY INVESTMENTS INSTITUTIONAL5 years

Service code 37 · EIN 04-2647786

Loan Processing

-$126,937

DELEK US 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DELEK US 401(K) 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