PlanOptica
Retirement plan

ERICSSON US PENSION PLAN

ERICSSON INC.EIN 06-1119960Plan #007PY 2019
Sign in to saveView 5500 PDF
ATTN BENEFITS DEPARTMENT, 6300 LEGACY DRIVE - PLANO, TX 75024972-583-0000
Other plans on this EIN
1 filing
#006Retirement-$3.18B assets
Prospect flagsHigh retiree %Low participant contribution

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(972) 583-0000
Plan administrator signer
TOBY TODD
Signed 05/27/2021
How to read this page

Summary metrics

Total assets (EOY)
$2336.6M
-3.0% from 2016
Total participants
7,297
+2.1% from 2016
Average account balance
$0
No prior year
Annual return
17.61%
-9.68 pp from 2016

Benchmarks

See 38 peers
Peer group
Industry51 - Information
Plan typeDefined benefit
Participants250-999
Cohort38 peers
Snapshot2019
Participant deferral / active EE
$173
median $12
Employer contribution / active EE
$0
median $9,034
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $1,557,172
Admin fee / account holder
$0
median $8,714
Annual return
17.61%
median 16.95%
Overall peer rank
32nd percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$526.05M
Average account balance
Total assets / participants with a balance (line 6g)
$183K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
2,467
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$6.84M
Contributions per participant
Average employer and participant contribution per enrolled participant
$12K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+7.23%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 10 of 13 by compensation
ProviderService typeCompensation
WILLIS TOWERS WATSON US LLC1 year
Service code 11 · EIN 53-0181291
Actuarial
$2,119,638
PIMCO5+ years
Service code 27 · EIN 33-0629048
Advisory (Plan)
$1,065,383
LEGAL&GENERAL INVSTMNT MGMT AMERICA5+ years
Service code 28 · EIN 20-8058531
Investment Management
$1,032,247
PGIM, INC.2 years
Service code 28 · EIN 22-2540245
Investment Management
$967,091
GOLDMAN SACHS ASSET MANAGEMENT, LP5+ years
Service code 28 · EIN 13-3575636
Investment Management
$913,973
CAPFINANCIAL PARTNERS, LLC3 years
Service code 27 · EIN 26-0058143
Advisory (Plan)
$378,457
BARROW, HANLEY, MEWHINNEY & STRAUSS1 year
Service code 27 · EIN 75-2403190
Advisory (Plan)
$174,733
AGINCOURT CAPITAL MGMT LLC5+ years
Service code 28 · EIN 54-1947440
Investment Management
$157,776
EAGLE ASSET MANAGEMENT, INC.2 years
Service code 28 · EIN 59-2385219
Investment Management
$123,412
JENNISON ASSOCIATES LLC1 year
Service code 28 · EIN 22-2540245
Investment Management
$69,050

Enrolled actuary

1 attachment
SB

JOANIE ROBERTS

WILLIS TOWERS WATSON US LLC
Enrollment #2007295
500 NORTH AKARD STREET
SUITE 4300
DALLAS, TX 75201
(214) 530-4200
Signed 2020-09-29

Top hat statement on fileNQDC

Filed September 8, 2006

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

Plan features & details

Pension benefit codes1A1C3H
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1C
    Cash balance or similar plan
    A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped
  • OpportunityLow participant contribution

    Participant contribution per participant is in the bottom quintile of the peer cohort.

  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II
Admin total
$7.2M
$9924 / participant
  • Investment mgmt$4M54.4%
  • Other / not subdivided$3M45.6%
% of EOY assets
0.308%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm
BDO USA, LLP
Auditor EIN
135381590
Audit fees
(not subdivided)
Opinion code
Disclaimer