Retirement plan
CAPITAL ACCUMULATION PLAN OF THE CHUBB CORPORATION
CHUBB INA HOLDINGS INC.EIN 13-2595722Plan #002PY 2016
436 WALNUT STREET, WA03 - PHILADELPHIA, PA 191063703215-640-2694LinkedIn5001-10000 employeesinsurance
Other plans on this EIN
1 filingProspect flagsLow returnsHigh cashLow participationHigh assets / participantLow employer contributionLow participant contributionCorrective distributionsWind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator entity
CHUBB US RETIREMENT COMMITTEE
EIN 582457246
202A HALLS MILL ROAD · WHITEHOUSE STATION, NJ 088899999
Summary metrics
Total assets (EOY)
$693.5M
+272.5% from 2016
Total participants
1,947
+428.1% from 2016
Average account balance
$363,685
-30.1% from 2016
Annual return
0.36%
+7.02 pp from 2016
Benchmarks
Peer group
Industry52 - Finance and Insurance
Plan typeDefined contribution
Participants25-99
Cohort7,671 peers
Snapshot2016
2
Participant deferral / active EE
$180
median $3,829
6
Employer contribution / active EE
$67
median $2,197
2
Participation rate
25.9%
median 90.4%
98
Avg account balance
$363,685
median $64,281
93
Admin fee / account holder
$43
median $2,470
3
Annual return
0.36%
median 7.67%
Overall peer rank
34of 100
34th 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 2 by compensation
| Provider | Service type | Compensation |
|---|---|---|
MAZARS USA LLP1 year Service code 10 · EIN 13-1459550 | Accounting | $60,906 |
Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $0 |
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
8 tripped
- OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
- OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
- OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
- OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
- 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.
- 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
$83K
$1533 / participant
- Investment mgmt$24K28.4%
- Other / not subdivided$59K71.6%
% of EOY assets
0.012%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- MAZARS USA LLP
- Auditor EIN
- 131459550
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified