PlanOptica
Retirement plan

PENSION PLAN OF THE CHUBB CORPORATION

CHUBB INA HOLDINGS INC.EIN 13-2595722Plan #003PY 2021
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436 WALNUT STREET, WA03N - PHILADELPHIA, PA 191063703908-903-4239LinkedIn5001-10000 employeesinsurance
Prospect flagsHigh retiree %Wind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(908) 903-4239
Plan administrator entity
CHUBB US RETIREMENT COMMITTEE
EIN 582457246
202 HALLS MILL ROAD · WHITEHOUSE STATION, NJ 088899999
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Summary metrics

Total assets (EOY)
$4270.1M
-6.4% from 2016
Total participants
14,468
-1.8% from 2016
Average account balance
$0
No prior year
Annual return
14.06%
-10.77 pp from 2016

Benchmarks

See 116 peers
Peer group
Industry52 - Finance and Insurance
Plan typeDefined benefit
Participants1,000-4,999
Cohort116 peers
Snapshot2021
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $6,758
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $204,024
Admin fee / account holder
$0
median $561
Annual return
14.06%
median 11.53%
Overall peer rank
68th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$3.75B
Average account balance
Total assets / participants with a balance (line 6g)
$273K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
10,968
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
$41.25M
Not enough data
1 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$6K
Not enough data
1 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+6.51%
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 11 by compensation
ProviderService typeCompensation
DODGE AND COX6 years
Service code 28 · EIN 94-1441976
Investment Management
$1,947,476
COLUMBIA MANAGEMENT INVESTMENT6 years
Service code 51 · EIN 13-3180631
Investment Mgmt Fees
$1,181,877
WESTERN ASSET MANAGEMENT COMPANY7+ years
Service code 50 · EIN 95-2705767
Direct Payment
$935,560
LIFEWORKS US LTD1 year
Service code 16 · EIN 52-1883918
Consulting
$714,236
JP MORGAN INVESTMENT MANAGEMENT INC3 years
Service code 21 · EIN 13-3200244
Bank Trustee
$706,725
NORTHERN TRUST COMPANY6 years
Service code 21 · EIN 36-1561860
Bank Trustee
$420,889
FIDELITY INSTITUTIONAL OPERATIONS C5 years
Service code 16 · EIN 04-3304255
Consulting
$210,080
MERCER7+ years
Service code 11 · EIN 13-2834414
Actuarial
$56,005
MAZARS USA LLP5 years
Service code 10 · EIN 13-1459550
Accounting
$52,000
BLACKROCK FINANCIAL1 year
Service code 28 · EIN 94-3112180
Investment Management
$41,702

Enrolled actuary

1 attachment
SB

DAVID WILLICK

MERCER
Enrollment #2005498
ONE UNIVERSITY SQUARE DRIVE
SUITE 100
PRINCETON, NJ 085406236
(609) 520-2548
Signed 2022-09-15

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.

Open the filing PDF

Plan features & details

Pension benefit codes1A1C1E
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).
  • 1E
    Section 401(h) arrangement
    Plan contains separate accounts under Code section 401(h) to provide employee health benefits.

Opportunity flags

2 tripped
  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen 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
$11.0M
$3036 / participant
  • Investment mgmt$5M45.6%
  • Contract admin$70K0.6%
  • Other / not subdivided$6M53.8%
% of EOY assets
0.257%
all-in expense ratio
Categories reported
2 / 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