Deceuninck North America, Inc. 401(k) Review & Grade
Deceuninck North America, Inc. 401(k) Plan
Monroe, OHManufacturing521 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,539Employer $ per active participant
$4,522Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$54.4MNet plan assets, end of year
$85,260Average balance per account
Score breakdown
- Employer generosity34.6 / 5069th percentile for employer $ per participant
- Low cost19.1 / 2576th percentile for low admin cost vs. same-size plans
- Employee saving6.7 / 1545th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score70 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 69th |
| Lower admin cost | 76th |
| Employee saving | 45th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Deceuninck North America put in about $3,539 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,843,709 |
| Participant (employee) contributions | $2,355,787 |
| Other contributions (incl. rollovers in) | $561,383 |
| Administrative expenses paid from the plan | $47,500 |
| Investment advisory & management fees | $47,500 |
| Benefits paid out | $7,357,875 |
| Net assets, start / end of year | $50.0M / $54.4M |
| Active participants, start / end of year | 552 / 490 |
| Participants with account balances | 638 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | PW Partners, LLC |
Largest service providers (Schedule C)
| Ubs Financial Services Inc | $47,500 reported compensation |
| Empower Annuity Insurance Company | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250728132511NAL0002101089001, received 2025-07-28, EIN 58-2209209, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.