Retirement plan
HOSPIRA 401(K) RETIREMENT SAVINGS PLAN
PFIZER INCEIN 13-5315170Plan #023PY 2015
ATTN US BENEFITS, 100 ROUTE 206 NORTH - PEAPACK, NJ 07977908-901-8000pfizer.comLinkedIn10001+ employeespharmaceuticals
Prospect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator entity
THE SAVINGS PLAN COMMITTEE
EIN 132875255
Summary metrics
Total assets (EOY)
$1374.7M
-0.3% from 2016
Total participants
10,792
+10.2% from 2016
Average account balance
$129,105
-9.6% from 2016
Annual return
3.21%
-2.54 pp from 2016
Benchmarks
Peer group
Industry32 - Manufacturing
Plan typeDefined contribution
Participants5,000-9,999
Cohort46 peers
Snapshot2015
62
Participant deferral / active EE
$7,016
median $5,830
64
Employer contribution / active EE
$5,116
median $3,138
84
Participation rate
98.2%
median 94.0%
64
Avg account balance
$129,105
median $97,422
13
Admin fee / account holder
$119
median $52
76
Annual return
3.21%
median 1.09%
Overall peer rank
61of 100
61st 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)
$109.5M
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
26
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
$60.45M
Contributions per participant
Average employer and participant contribution per enrolled participant
$12K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-98.95%
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 5 by compensation
| Provider | Service type | Compensation |
|---|---|---|
T ROWE PRICE RPS INC1+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202 | Recordkeeping | $792,432 |
MORNINGSTAR1+ years Service code 26 22 WEST WASHINGTON STREET · CHICAGO, IL 60602 | Advisory (Participants) | $375,162 |
Service code 50 608 SECOND AVE. SOUTH · MINNEAPOLIS, MN 55479 | Direct Payment | $92,990 |
QDRO CONSULTANTS1+ years Service code 16 3071 PEARL ROAD · MEDINA, OH 44256 | Consulting | $6,300 |
PERSHING1+ years Service code 50 PO BOX 2065 · JERSEY CITY, NJ 07303 | Direct Payment | $6,246 |
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 codes2E2F2G2J2K2R2S2T3H
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).
- 2GTotal participant-directed account planParticipants have the opportunity to direct the investment of all 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.
- 2RParticipant-directed brokerage accountsParticipant-directed brokerage accounts provided as an investment option under the plan.
- 2SAutomatic enrollmentPlan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 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
$1.3M
$155 / participant
- Investment mgmt$468K36.9%
- Other / not subdivided$800K63.1%
% of EOY assets
0.092%
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
- KPMG LLP
- Auditor EIN
- 135565207
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified