PlanOptica
Retirement plan

THE IBM SECURED BENEFIT ARRANGEMENT

INTERNATIONAL BUSINESS MACHINES CORPORATIONEIN 13-0871985Plan #006PY 2016
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MD 261 NEW ORCHARD ROAD - ARMONK, NY 10504800-796-9876
Other plans on this EIN
2 filings
#001Retirement-$52.86B assets#005Retirement-$50.20B assets
Prospect flagsLow returnsHigh feesWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(800) 796-9876
Plan administrator signer
GREGG NELSON
Signed 09/22/2017
Plan administrator entity
GREGG NELSON VICE PRESIDENT & CHIEF ACCOUNTANT
EIN 130871985
NEW ORCHARD ROAD, MD 259 ยท ARMONK, NY 10504
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Summary metrics

Total assets (EOY)
$706K
+15.6% from 2016
Total participants
12
+8.3% from 2016
Average account balance
$58,834
+6.7% from 2016
Annual return
2.01%
+0.05 pp from 2016

Benchmarks

See 113,086 peers
Peer group
Industry54 - Professional, Scientific, and Technical Services
Plan typeDefined contribution
Participants<25
Cohort113,086 peers
Snapshot2016
Participant deferral / active EE
$0
median $5,203
Employer contribution / active EE
$0
median $2,489
Participation rate
0.0%
median 100.0%
Avg account balance
$58,834
median $70,339
Admin fee / account holder
$10,548
median $464
Annual return
2.01%
median 6.89%
Overall peer rank
22nd percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$229K
Average account balance
Total assets / participants with a balance (line 6g)
$46K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
5
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
100.0%
Not enough data
1 years with eligibility data
Contributions (total)
Employer and participant dollars contributed each year
Not enough data
0 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
Not enough data
0 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+3.31%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$2687
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
Not enough data
0 years with F_SCH_H allocation on file

Service providers

Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E3H
Plan features
  • 2E
    Profit-sharing
    Profit-sharing 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

3 tripped
  • OpportunityHigh fees

    Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II
Admin total
$127K
  • Other / not subdivided$127K100.0%
% of EOY assets
17.928%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
No opinion code on file for this filing.
Auditor firm
(not reported)
Auditor EIN
-
Audit fees
(not subdivided)
Opinion code
-