Employers › Square D
Recordkeeping fees per participant · Schneider Electric USA, Inc. Coordinated Bargaining Employees' Retirement Savings Plan · plan year 2024
$27.98
Higher than 23% of the 5,847 plans $50 to 250M that report it.
= $53,773 / 1,922
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008110650NAL0002944787001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008110650NAL0002944787001, received 2025-10-08
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-08.
Administrative expenses excluding investment management, per participant
$27.98
Higher than 15% of the 8,758 plans $50 to 250M that report it.
= $53,773 / 1,922
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008110650NAL0002944787001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008110650NAL0002944787001, received 2025-10-08
Administrative expenses per participant
$47.86
Higher than 16% of the 9,042 plans $50 to 250M that report it.
= $91,984 / 1,922
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008110650NAL0002944787001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008110650NAL0002944787001, received 2025-10-08
Administrative expenses as a share of assets
0.127%
Higher than 47% of the 9,049 plans $50 to 250M that report it.
= $91,984 / $72,372,585
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008110650NAL0002944787001, received 2025-10-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008110650NAL0002944787001, received 2025-10-08
Employer contributions per participant
$2,387
Higher than 42% of the 9,105 plans $50 to 250M that report it.
= $4,588,773 / 1,922
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008110650NAL0002944787001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008110650NAL0002944787001, received 2025-10-08
Employer share of total contributions
46.8%
Higher than 86% of the 9,112 plans $50 to 250M that report it.
= $4,588,773 / $9,801,125
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008110650NAL0002944787001, received 2025-10-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008110650NAL0002944787001, received 2025-10-08
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251008110650NAL0002944787001, received 2025-10-08
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SCHNEIDER ELECTRIC USA, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Plan name | SCHNEIDER ELECTRIC USA, INC. COORDINATED BARGAINING EMPLOYEES' RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Sponsor EIN / plan number | 36-2440683 / 303 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Sponsor location | WESTMONT, IL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Industry (business code) | 335900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Filing received | 2025-10-08 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Participants, beginning of year | 1,623 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Active participants | 1,544 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Participants, end of year | 1,960 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Participants with an account balance | 1,922 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Total assets, beginning of year | $65,958,847 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Total assets, end of year | $72,372,585 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Net assets, end of year | $72,372,585 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Total income | $16,642,965 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Net income | $7,654,759 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Employer contributions | $4,588,773 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Participant contributions | $4,695,954 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Other contributions (incl. rollovers) | $516,398 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Total contributions | $9,801,125 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Benefit payments | $8,824,858 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Total expenses (incl. benefit payments) | $8,988,206 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Total administrative expenses | $91,984 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Recordkeeping fees | $53,773 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Investment advisory and management fees | $38,211 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Administrative expenses excluding investment management | $53,773 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Held in common/collective trusts | $69,366,067 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Held in mutual funds | $304,662 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251008110650NAL0002944787001, received 2025-10-08 |
| Independent auditor | BAKER TILLY US, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251008110650NAL0002944787001, received 2025-10-08 |
Position = column in the DOL layout for form year 2024. Filing 20251008110650NAL0002944787001, received 2025-10-08.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | NONE | 64 Recordkeeping fees; 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan | $53,773 | yes |
| EMPOWER ADVISORY GROUP, LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $37,365 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251008110650NAL0002944787001, received 2025-10-08.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $65,958,847 | $72,372,585 | 9.7% |
| Participants with a balance | 1,564 | 1,922 | 22.9% |
| Administrative expenses | $87,838 | $91,984 | 4.7% |
| Recordkeeping fees per participant | $32.88 | $27.98 | -14.9% |
| Employer contributions | $3,760,313 | $4,588,773 | 22.0% |
Prior filing 20241014103245NAL0027036177001, received 2024-10-14; the plan years are contiguous.
Sponsor name as filed: SCHNEIDER ELECTRIC USA, INC.; SEC registrant: SQUARE D CO (CIK 93128, matched by EIN).