Retirement plan

JPMORGAN CHASE RETIREMENT PLAN

JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONEIN 13-4994650Plan #001PY 2020
545 WASHINGTON BLVD, 12TH FLOOR, MAIL CODE NY1-G120 - JERSEY CITY, NJ 07310877-576-2427
Other plans on this EIN
1 filing
Prospect flagsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(877) 576-2427
Plan administrator signer
BERNADETTE J BRANOSKY
Signed 10/14/2021
Plan administrator entity
JPMORGAN CHASE US BENEFITS EXECUTIVE
EIN 371589439

Summary metrics

Total assets (EOY)
$21147.1M
-1.3% from 2016
Total participants
279,168
+1.2% from 2016
Average account balance
$0
No prior year
Annual return
20.32%
-5.83 pp from 2016

Benchmarks

Peer group
Industry52 - Finance and Insurance
Plan typeDefined benefit
Participants>=10,000
Cohort33 peers
Snapshot2020
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $4,345
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
20.32%
median 13.94%
Overall peer rank
88th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$16.07B
Average account balance
Total assets / participants with a balance (line 6g)
$79K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
124,649
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
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
+3.16%
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 50 by compensation
ProviderService typeCompensation
Service code 28
Investment Management
$9,188,513
Service code 28 · EIN 81-5242102
Investment Management
$4,999,820
Service code 14 · EIN 13-4994650
Plan Administrator
$4,137,880
Service code 27 · EIN 33-0629048
Advisory (Plan)
$3,964,583
Service code 28 · EIN 30-0835489
Investment Management
$3,148,899
PGIM, INC.2 years
Service code 28 · EIN 22-2540245
Investment Management
$2,839,616
Service code 28
Investment Management
$2,725,005
Service code 28 · EIN 04-3200030
Investment Management
$2,500,001
Service code 28 · EIN 14-1875682
Investment Management
$2,338,643
Service code 28 · EIN 48-1140940
Investment Management
$2,284,829

Enrolled actuary

1 attachment
SB

RICHARD C. SANDERS

MERCER
Enrollment #2005495
ONE UNIVERSITY SQUARE DRIVE
SUITE 100
PRINCETON, NJ 085406455
(609) 520-2586
Signed 2021-05-04

Reportable transactions (Schedule G)

45 rows

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

CategoryCounterpartyRelationship / TermsAddressAmount
Part 1
Loan in default
DOMINION DIAMOND MINES ULC
Part 1
Loan in default
ASCENT CAPITAL GROUP
5251 DTC PARKWAY
SUITE 1000
GREENWOOD VILLAGE, CO 80111
Part 1
Loan in default
CHUCKCHANSI ECONOMIC DEV AUTHORITY
46575 ROAD 417
COARSEGOLD, CA 93614
Part 1
Loan in default
TEXAS COMPETITIVE ELECTRIC HOLDING
1601 BRYAN STREET
DALLAS, TX 752013411
Part 1
Loan in default
LEHMAN BROTHERS HOLDINGS
1271 AVENUE OF THE AMERICAS
NEW YORK, NY 10020
Part 1
Loan in default
LEHMAN BROTHERS HOLDINGS
1271 AVENUE OF THE AMERICAS
NEW YORK, NY 10020
Part 1
Loan in default
COMMONWEALTH OF PUERTO RICO
10 PASEO COVADANGA
SAN JUAN, PR 00901
Part 1
Loan in default
CBL & ASSOCIATES PROPERTIES INC
2030 HAMILTON PLACE BLVD
SUITE 500
CHATTANOOGA, TN 37421
Part 1
Loan in default
PRIVATBANK CJSC VIA UK SPV CRDT FIN
Part 1
Loan in default
CONCENTRADOS CRESTA ROJA SA
Part 1
Loan in default
TUNON LUXEMBOURG S.A.
Part 1
Loan in default
VALARIS PLC
Part 1
Loan in default
VALARIS PLC
Part 1
Loan in default
VALARIS PLC
Part 1
Loan in default
CENVEO INC
2369 SOUTH TRENTON WAY
DENVER, CO 80231
Part 1
Loan in default
CHESAPEAKE ENERGY CORP
6100 NORTH WESTERN AVE
OKLAHOMA CITY, OK 73318
Part 1
Loan in default
CHESAPEAKE ENERGY CORP
6100 NORTH WESTERN AVE
OKLAHOMA CITY, OK 73318
Part 1
Loan in default
CHESAPEAKE ENERGY CORP
6100 NORTH WESTERN AVE
OKLAHOMA CITY, OK 73318
Part 1
Loan in default
EXTRACTION OIL & GAS INC
370 17TH STREET
SUITE 5300
DENVER, CO 80202
Part 1
Loan in default
FRONTIER COMMUNICATIONS CORP
401 MERRITT 7
NORWALK, CT 06851
Part 1
Loan in default
GUITAR CENTER HOLDINGS INC
5795 LINDERO CANYON RD
WESTLAKE VILLAGE, CA 91362
Part 1
Loan in default
INTELSAT CORP
Part 1
Loan in default
INTELSAT CORP
Part 1
Loan in default
NOBLE CORP
Part 1
Loan in default
NOBLE CORP
Part 1
Loan in default
DOMINION DIAMOND MINES ULC
Part 1
Loan in default
COMMONWEALTH OF PUERTO RICO
10 PASEO COVADANGA
SAN JUAN, PR 00901
Part 1
Loan in default
FRONTIER COMMUNICATIONS CORP
401 MERRITT 7
NORWALK, CT 06851
Part 1
Loan in default
FRONTIER COMMUNICATIONS CORP
401 MERRIT 7
NORWALK, CT 06851
Part 1
Loan in default
FRONTIER COMMUNICATIONS CORP
401 MERRITT 7
NORWALK, CT 06851
Part 1
Loan in default
FRONTIER COMMUNICATIONS CORP
401 MERRIT 7
NORWALK, CT 06851
Part 1
Loan in default
GULFPORT ENERGY CORP
3001 QUAIL SPRINGS PARKWAY
OKLAHOMA CITY, OK 73134
Part 1
Loan in default
GULFPORT ENERGY CORP
3001 QUAIL SPRINGS PARKWAY
OKLAHOMA CITY, OK 73134
Part 1
Loan in default
HERTZ CORP - CLASS A
225 BRAE BLVD
PARK RIDGE, NJ 07656
Part 1
Loan in default
THE HERTS CORP
225 BRAE BLVD
PARK RIDGE, NJ 07656
Part 1
Loan in default
HERTZ CORP - CLASS A
225 BRAE BLVD
PARK RIDGE, NJ 07656
Part 1
Loan in default
HERTZ CORP - CLASS A
225 BRAE BLVD
PARK RIDGE, NJ 07656
Part 1
Loan in default
INTELSAT CONNECT FINANCE SA
Part 1
Loan in default
INTELSAT CONNECT FINANCE SA
Part 1
Loan in default
INTELSAT CORP
Part 1
Loan in default
MALLINCKRODT INTERNATIONAL FINANCE
Part 1
Loan in default
MALLINCKRODT INTERNATIONAL FINANCE
Part 1
Loan in default
MALLINCKRODT INTERNATIONAL FINANCE
Part 1
Loan in default
FRONTIER COMMUNICATIONS CORP
401 MERRITT 7
NORWALK, CT 06851
Part 1
Loan in default
GUITAR CENTER HOLDINGS INC
5795 LINDERO CANYON RD
WESTLAKE VILLAGE, CA 91362

Plan features & details

Pension benefit codes1A1C
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).

Opportunity flags

1 tripped
  • 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
$85.1M
$735 / participant
  • Investment mgmt$54M63.1%
  • Other / not subdivided$31M36.9%
% of EOY assets
0.403%
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
FAW CASSON & CO., LLP
Auditor EIN
520619968
Audit fees
(not subdivided)
Opinion code
Unqualified