Retirement plan
ABBOTT/HOSPIRA TRANSITIONAL ANNUITY RETIREMENT PLAN
PFIZER INCEIN 13-5315170Plan #021PY 2015
ATTENTION BENEFIT OPERATIONS, 100 ROUTE 206 NORTH - PEAPACK, NJ 07977908-901-1135pfizer.comLinkedIn10001+ employeespharmaceuticals
Prospect flagsHigh retiree %Wind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator signer
STEVE PENNACCHIO
Signed 10/14/2016
Summary metrics
Total assets (EOY)
$490.6M
+50.6% from 2016
Total participants
6,256
+100.7% from 2016
Average account balance
$0
No prior year
Annual return
-0.67%
-8.02 pp from 2016
Benchmarks
Peer group
Industry32 - Manufacturing
Plan typeDefined benefit
Participants1,000-4,999
Cohort94 peers
Snapshot2015
0
Participant deferral / active EE
$0
median $146
0
Employer contribution / active EE
$0
median $7,775
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $14,096,330
0
Admin fee / account holder
$0
median $66,276
68
Annual return
-0.67%
median -1.68%
Overall peer rank
68of 100
68th percentileavg across 6 metrics
Analytics
2015 - 2018
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$105K
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.
3,008
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.
0.0%
Not enough data
2 years with eligibility data
Contributions (total)
Employer and participant dollars contributed each year
$95.46M
Not enough data
1 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
-100.00%
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
Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.
Enrolled actuary
1 attachment
SB
THOMAS P. CLEMENS
HEWITT ASSOCIATES LLC
Enrollment #1404056
200 EAST RANDOLPH
SUITE 1400
CHICAGO, IL 60601
(312) 381-1000
Signed 2016-09-21
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 codes1A1I3H
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 1IFrozen planAs of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
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.
Audit opinion
Schedule H Part III
Disclaimer opinion
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
- Auditor firm
- KPMG LLP
- Auditor EIN
- 135565207
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer