Retirement plan

JPMORGAN CHASE RETIREMENT PLAN

JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONEIN 13-4994650Plan #001PY 2023
545 WASHINGTON BLVD, 12TH FLOOR, MAIL CODE NY1-G120 - JERSEY CITY, NJ 07310844-275-5762
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)
(844) 275-5762
Plan administrator signer
BERNADETTE J BRANOSKY
Signed 10/11/2024
Plan administrator entity
JPMORGAN CHASE US BENEFITS EXECUTIVE
EIN 371589439

Summary metrics

Total assets (EOY)
$16279M
-1.3% from 2016
Total participants
215,375
+1.2% from 2016
Average account balance
$0
No prior year
Annual return
14.39%
-5.83 pp from 2016

Benchmarks

Peer group
Industry52 - Finance and Insurance
Plan typeDefined benefit
Participants>=10,000
Cohort30 peers
Snapshot2023
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $4,724
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
14.39%
median 9.60%
Overall peer rank
90th 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 14 · EIN 13-4994650
Plan Administrator
$4,604,564
Service code 27 · EIN 33-0629048
Advisory (Plan)
$3,953,314
Service code 28 · EIN 30-0835489
Investment Management
$3,649,002
Service code 28 · EIN 14-1875682
Investment Management
$2,416,369
METLIFE3 years
Service code 28 · EIN 82-2405817
Investment Management
$2,209,583
Service code 28 · EIN 04-3200030
Investment Management
$2,050,769
PGIM, INC.5 years
Service code 28 · EIN 22-2540245
Investment Management
$2,040,694
Service code 28 · EIN 52-1200960
Investment Management
$1,755,855
MERCER9+ years
Service code 11 · EIN 13-2834414
Actuarial
$1,441,007
Service code 28 · EIN 81-5242102
Investment Management
$1,389,920

Enrolled actuary

1 attachment
SB

THOMAS W KADLEC

MERCER
Enrollment #2307871
ONE UNIVERSITY SQUARE DRIVE
SUITE 100
PRINCETON, NJ 085406455
(609) 520-2508
Signed 2024-05-09

Reportable transactions (Schedule G)

48 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
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
AKUMIN INC
8300 WEST SUNRISE BLVD
PLANTATION, FL 33322
Part 1
Loan in default
AKUMIN INC
8300 WEST SUNRISE BLVD
PLANTATION, FL 33322
Part 1
Loan in default
CHESAPEAKE ENERGY CORP
6100 NORTH WESTERN AVE
OKLAHOMA CITY, OK 73118
Part 1
Loan in default
ENDO LUXEMBOURG FINANCE CO
Part 1
Loan in default
TACORA RESOURCES INC
Part 1
Loan in default
DOMINION DIAMOND MINES ULC
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
HERTZ CORP - CLASS A
225 BRAE BLVD
PARK RIDGE, NJ 07656
Part 1
Loan in default
YUZHOU GROUP HOLDINGS CO LTD
Part 1
Loan in default
YUZHOU GROUP HOLDINGS CO LTD
Part 1
Loan in default
RITE AID CORP
30 HUNTER LANE
CAMP HILL, PA 17011
Part 1
Loan in default
RITE AID CORP
30 HUNTER LANE
CAMP HILL, PA 17011
Part 1
Loan in default
TUNON LUXEMBOURG S.A.
Part 1
Loan in default
ENDO FINANCE LLC
1400 ATWATER DR
MALVERN, PA 193558701
Part 1
Loan in default
ENDO FINANCE LLC
1400 ATWATER DR
MALVERN, PA 193558701
Part 1
Loan in default
PAR PHARMACEUTICAL INC
6 RAM RIDGE ROAD
CHESTNUT RIDGE, NY 10977
Part 1
Loan in default
ENDO LUXEMBOURG FINANCE CO
1400 ATWATER DRIVE
MALVERN, PA 19355
Part 1
Loan in default
PAR PHARMACEUTICAL INC
6 RAM RIDGE ROAD
CHESTNUT RIDGE, NY 10977
Part 1
Loan in default
DIAMOND SPORTS GROUP LLC
616 HAPPY ACRES ROAD
SUITE B
CHESAPEAKE, VA 23323
Part 1
Loan in default
DIAMOND SPORTS GROUP LLC
616 HAPPY ACRES ROAD
SUITE B
CHESAPEAKE, VA 23323
Part 1
Loan in default
DIAMOND SPORTS GROUP LLC
616 HAPPY ACRES ROAD
SUITE B
CHESAPEAKE, VA 23323
Part 1
Loan in default
DIAMOND SPORTS GROUP LLC
616 HAPPY ACRES ROAD
SUITE B
CHESAPEAKE, VA 23323
Part 1
Loan in default
DIAMOND SPORTS GROUP LLC
616 HAPPY ACRES ROAD
SUITE B
CHESAPEAKE, VA 23323
Part 1
Loan in default
AUDACY CAPITAL CORP
40 WEST 57TH STREET
FLOOR 14
NEW YORK, NY 10019
Part 1
Loan in default
AUDACY CAPITAL CORP
40 WEST 57TH STREET
FLOOR 14
NEW YORK, NY 10019
Part 1
Loan in default
AUDACY CAPITAL CORP
40 WEST 57TH STREET
FLOOR 14
NEW YORK, NY 10019
Part 1
Loan in default
WESCO AIRCRAFT HOLDINGS
24911 AVENUE STANFORD
VALENCIA, CA 91355
Part 1
Loan in default
WESCO AIRCRAFT HOLDINGS
24911 AVENUE STANFORD
VALENCIA, CA 91355
Part 1
Loan in default
WESCO AIRCRAFT HOLDINGS
24911 AVENUE STANFORD
VALENCIA, CA 91355
Part 1
Loan in default
WEWORK COMPANIES US LLC
12 EAST 49TH STREET
FLOOR 3
NEW YORK, NY 10017
Part 1
Loan in default
WEWORK COMPANIES US LLC
12 EAST 49TH STREET
FLOOR 3
NEW YORK, NJ 10017
Part 1
Loan in default
LANNETT COMPANY INC
9000 STATE ROAD
PHILADELPHIA, PA 19136
Part 1
Loan in default
LANNETT COMPANY INC
9000 STATE ROAD
PHILADELPHIA, PA 19136
Part 1
Loan in default
GLOBAL GEOPHYSICAL SERVICES
3928 BLUEBONNET DRIVE
STAFFORD, TX 77477
Part 1
Loan in default
GLOBAL GEOPHYSICAL SERVICES
3928 BLUEBONNET DRIVE
STAFFORD, TX 77477
Part 1
Loan in default
SHIMAO GROUP HOLDINGS LTD
Part 1
Loan in default
SHIMAO GROUP HOLDINGS LTD
Part 1
Loan in default
TIMES CHINA HOLDINGS LTD
Part 1
Loan in default
AKUMIN INC
8300 WEST SUNRISE BLVD
PLANTATION, FL 33322
Part 1
Loan in default
COUNTRY GARDEN HOLDINGS LTD
Part 1
Loan in default
SINO OCEAN LAND LTD
Part 1
Loan in default
MALLINCKRODT INTERNATIONAL FINANCE
Part 1
Loan in default
UNIGEL LUXEMBOURG SA

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
$72.4M
$864 / participant
  • Investment mgmt$42M58.4%
  • Legal$53K0.1%
  • Actuarial$1M2.0%
  • Salaries / allowances$5M6.4%
  • Other / not subdivided$24M33.1%
% of EOY assets
0.445%
all-in expense ratio
Categories reported
4 / 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