Retirement plan
THE PRUDENTIAL EMPLOYEE SAVINGS PLAN
THE PRUDENTIAL INSURANCE COMPANY OF AMERICAEIN 22-1211670Plan #002PY 2015
Other plans on this EIN
1 filingProspect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator signer
KEVIN PRUE
Signed 08/31/2016
Plan administrator entity
PRUDENTIAL ADMINISTRATIVE COMMITTEE
EIN 226892273
751 BROAD STREET, 17TH FLOOR ยท NEWARK, NJ 071023777
Summary metrics
Total assets (EOY)
$7272.7M
-8.7% from 2016
Total participants
45,859
+1.1% from 2016
Average account balance
$158,664
-9.6% from 2016
Annual return
1.58%
-8.57 pp from 2016
Benchmarks
Peer group
Industry52 - Finance and Insurance
Plan typeDefined contribution
Participants>=10,000
Cohort75 peers
Snapshot2015
92
Participant deferral / active EE
$11,182
median $5,176
58
Employer contribution / active EE
$3,188
median $2,926
89
Participation rate
99.9%
median 91.8%
96
Avg account balance
$158,664
median $81,792
43
Admin fee / account holder
$63
median $49
68
Annual return
1.58%
median 0.64%
Overall peer rank
74of 100
74th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$10.73B
Average account balance
Total assets / participants with a balance (line 6g)
$287K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
37,401
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
96.3%
Contributions (total)
Employer and participant dollars contributed each year
$384.44M
Contributions per participant
Average employer and participant contribution per enrolled participant
$24K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+11.30%
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 1 by compensation
| Provider | Service type | Compensation |
|---|---|---|
THE PRUDENTIAL INSURANCE COMPANY1+ years Service code 15 ยท EIN 22-1211670 | Recordkeeping | $994,678 |
Top hat statement on fileNQDC
Filed October 9, 2018 (most recent of 9 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 codes2E2F2G2J2K2O2S2T3F3H
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.
- 2OESOP other than a leveraged ESOPEmployee stock ownership plan that is not leveraged.
- 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.
- 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
$2.9M
$144 / participant
- Investment mgmt$3M99.8%
- Other / not subdivided$7K0.2%
% of EOY assets
0.040%
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
- SB AND COMPANY
- Auditor EIN
- 202153727
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified