Retirement plan
PFIZER SAVINGS PLAN
PFIZER INCEIN 13-5315170Plan #002PY 2015
100 ROUTE 206 NORTH - PEAPACK, NJ 079770000908-901-1135pfizer.comLinkedIn10001+ employeespharmaceuticals
Prospect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator signer
STEVE PENNACCHIO
Signed 10/05/2016
Plan administrator entity
THE SAVINGS PLAN COMMITTEE
EIN 132875255
100 ROUTE 206 NORTH · PEAPACK, NJ 07977
(908) 901-8000Summary metrics
Total assets (EOY)
$10950.5M
-5.6% from 2016
Total participants
46,626
-19.7% from 2016
Average account balance
$235,988
+17.7% from 2016
Annual return
3.23%
-5.47 pp from 2016
Benchmarks
Peer group
Industry32 - Manufacturing
Plan typeDefined contribution
Participants>=10,000
Cohort47 peers
Snapshot2015
89
Participant deferral / active EE
$15,026
median $7,482
72
Employer contribution / active EE
$7,813
median $4,803
91
Participation rate
99.0%
median 95.0%
83
Avg account balance
$235,988
median $158,992
70
Admin fee / account holder
$25
median $54
80
Annual return
3.23%
median 0.22%
Overall peer rank
81of 100
81st percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$21.99B
Average account balance
Total assets / participants with a balance (line 6g)
$386K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
57,024
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
99.7%
Contributions (total)
Employer and participant dollars contributed each year
$1.15B
Contributions per participant
Average employer and participant contribution per enrolled participant
$39K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+18.45%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$165
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 6 by compensation
| Provider | Service type | Compensation |
|---|---|---|
FID INV INST OPS CO1+ years Service code 15 · EIN 04-2647786 | Recordkeeping | $1,390,028 |
T. ROWE PRICE1+ years Service code 28 · EIN 52-0556948 | Investment Management | $945,663 |
THE NORTHER TRUST COMPANY1+ years Service code 19 · EIN 36-1561860 | Securities Custodian | $790,917 |
STATE STREET GLOBAL ADVISORS1+ years Service code 28 · EIN 04-1867445 | Investment Management | $236,849 |
KPMG1+ years Service code 10 · EIN 13-5565207 | Accounting | $87,000 |
MORNINGSTAR1+ years Service code 38 · EIN 36-3297908 | Participant Communication | $78,375 |
Top hat statement on fileNQDC
Filed July 27, 2011 (most recent of 5 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 codes2E2F2H2J2K2O2R3F3H
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.
- 2RParticipant-directed brokerage accountsParticipant-directed brokerage accounts provided as an investment option under the plan.
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
0 tripped
No flags tripped for this filing year. This plan looks clean.
Expense breakdown
Schedule H Part II
Admin total
$1.2M
$51 / participant
- Other / not subdivided$1M100.0%
% of EOY assets
0.011%
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
- KPMG LLP
- Auditor EIN
- 135565207
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified