Darling Ingredients 401(k) match, vesting and fees
What Darling Ingredients' 401(k) plan says about matching contributions
The Company is required to make matching contributions equal to 25% of participant pretax deferrals, up to a maximum of 6% of compensation. Participant catch-up contributions are included in the calculation of matching contributions. The Company is required to perform an annual true-up for these contributions. For the year ended December 31, 2024, the Company’s matching contributions totaled $1,697,933.
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | Audit report, p. 35 ↗ |
| Automatic enrollment | The Plan includes an automatic enrollment provision whereby newly eligible participants automatically defer at a 3% pre-tax rate unless an affirmative election is made to the contrary. | Audit report, p. 34 ↗ |
| Roth contributions | Participants may also elect to make after-tax “Roth” deferrals into the Plan. | Audit report, p. 34 ↗ |
| Loans | The Plan allows participants to borrow amounts from the vested portion of their accounts. The minimum loan is $1,000 and is limited to the lesser of 50% of the vested account balance or $50,000, less the highest outstanding loan in the previous 12 months. The loans are secured by the balance in the participant’s account. Loans carry interest at the prime rate plus 2%, as defined. Loan terms may not exceed five years, unless for the purchase of a primary residence. Interest payments are a part of the borrowing participant’s own account. Participants may have a maximum of one loan outstanding at a time. Effective January 1, 2023, participants are limited to a maximum of two loans outstanding at a time. | Audit report, p. 36 ↗ |
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | The Cj Cpa Group, PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
All rows are from the plan year 2024 filing; plan features from its audit report.
How the plan compares
Plan year 2024 medians for 1,622 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Darling Ingredients: employer contribution per participant | $909 | |
| Peer median | $2,413 |
| Darling Ingredients: average balance | $138,863 | |
| Peer median | $86,434 |
| Darling Ingredients: admin expenses ÷ assets | 0.13% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $225M at the end of plan year 2023 to $237M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 6,051 | $237M | $1.6M | $909 | 0.13% | Quoted in the audit report, p. 35 ↗ | Form 5500 ↗ |
| 2023 | 2,103 | $225M | $15.8M | $9,293 | 0.14% | Not published | Form 5500 ↗ |
Other Darling Ingredients plans (5)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Darling Ingredients Inc. Hourly and Bargaining 401(k) Savings Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | The Cj Cpa Group, PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
Darling Ingredients 401(k) Fbo Local 2326 Uaw
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Darling Ingredients Inc. Hourly Employees' Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | The Cj Cpa Group, PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Darling Ingredients Inc. Salaried Employees' Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | The Cj Cpa Group, PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Darling Ingredients Retirement Income Plan for Union Employees
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | The Cj Cpa Group, PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Darling Ingredients match 401(k) contributions?
The audit report attached to the Darling Ingredients Inc. Salaried 401(k) Savings Plan's plan year 2024 Form 5500, page 35 says: “The Company is required to make matching contributions equal to 25% of participant pretax deferrals, up to a maximum of 6% of compensation. Participant catch-up contributions are included in the calculation of matching contributions. The Company is required to perform an annual true-up for these contributions. For the year ended December 31, 2024, the Company’s matching contributions totaled $1,697,933.” Plan terms may have changed; check your current Summary Plan Description.
When is the Darling Ingredients 401(k) match vested?
The vesting schedule for the Darling Ingredients Inc. Salaried 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Darling Ingredients 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Darling Ingredients Inc..
I left Darling Ingredients. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Darling Ingredients Inc., (972) 717-0300) or the recordkeeper, Principal Life Insurance Company. The Darling Ingredients old 401(k) page lists the contacts from every plan filing. Find an old Darling Ingredients 401(k)
Data from the public Form 5500 annual reports Darling Ingredients filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Darling Ingredients. Not financial advice. Report a correction · Methodology