Retirement plan
CAPITAL ACCUMULATION PLAN OF THE CHUBB CORPORATION
THE CHUBB CORPORATIONEIN 13-2595722Plan #002PY 2015
Other plans on this EIN
1 filingProspect flagsHigh cashHigh assets / participantCorrective distributions
Filing contacts
From the Form 5500, federal recordPlan administrator signer
CAROLYN KENNEDY
Signed 10/14/2016
Plan administrator entity
EMPLOYEE BENEFITS COMMITTEE OF THE CHUBB CORPORATION
EIN 263532740
Summary metrics
Total assets (EOY)
$2583.4M
+272.5% from 2016
Total participants
10,283
+428.1% from 2016
Average account balance
$254,344
-30.1% from 2016
Annual return
7.38%
+7.02 pp from 2016
Benchmarks
Peer group
Industry52 - Finance and Insurance
Plan typeDefined contribution
Participants5,000-9,999
Cohort73 peers
Snapshot2015
72
Participant deferral / active EE
$8,831
median $4,996
72
Employer contribution / active EE
$4,168
median $2,308
76
Participation rate
98.3%
median 91.9%
96
Avg account balance
$254,344
median $68,709
25
Admin fee / account holder
$81
median $33
92
Annual return
7.38%
median 0.94%
Overall peer rank
72of 100
72nd percentileavg across 6 metrics
Analytics
2015 - 2017
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$364K
Not enough data
2 years with per-participant data
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
1,907
Not enough data
2 years with headcount on file
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
25.9%
Not enough data
2 years with eligibility data
Contributions (total)
Employer and participant dollars contributed each year
$13K
Not enough data
2 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$248
Not enough data
2 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+11.89%
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
Not enough data
2 years with F_SCH_H allocation on file
Service providers
Top 1 by compensation
| Provider | Service type | Compensation |
|---|---|---|
Service code 50 · EIN 04-2647786 | Direct Payment | $820,000 |
Top hat statement on fileNQDC
Filed February 1, 1999 (most recent of 2 filings on file)
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.
Plan features & details
Pension benefit codes2E2F2H2J2K2O2S2T
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2HPartial participant-directed account planParticipants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 2OESOP other than a leveraged ESOPEmployee stock ownership plan that is not leveraged.
- 2SAutomatic enrollmentPlan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
Opportunity flags
3 tripped
- OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
- ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
- InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
Expense breakdown
Schedule H Part II
Admin total
$820K
$111 / participant
- Other / not subdivided$820K100.0%
% of EOY assets
0.032%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- WEISERMAZARS LLP
- Auditor EIN
- 131459550
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified