PlanOptica
Retirement plan

LUCENT TECHNOLOGIES INC. PENSION PLAN

ALCATEL-LUCENT USA INC.EIN 22-3408857Plan #002PY 2015
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600 MOUNTAIN AVENUE, ROOM 6D-401A - MURRAY HILL, NJ 07974908-582-7140LinkedIn1-10 employees
Other plans on this EIN
3 filings
#001Retirement-$17.72B assets#003Retirement-$7.20B assets#007Retirement-$219.1M assets
Prospect flagsHigh retiree %Low returnsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(908) 582-7140
Plan administrator signer
SUSAN LEAR
Signed 10/11/2016
How to read this page

Summary metrics

Total assets (EOY)
$5953.3M
+2.9% from 2016
Total participants
23,567
+3.1% from 2016
Average account balance
$0
No prior year
Annual return
-25.93%
-32.60 pp from 2016

Benchmarks

See 1,235 peers
Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants<25
Cohort1,235 peers
Snapshot2015
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $16,369
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $89,403
Admin fee / account holder
$0
median $432
Annual return
-25.93%
median -1.96%
Overall peer rank
4th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$4.03B
Average account balance
Total assets / participants with a balance (line 6g)
$266K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
15,169
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
Not enough data
0 years with eligibility data
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
+2.58%
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 17 by compensation
ProviderService typeCompensation
HEWITT ASSOCIATES LLC1+ years
Service code 15 · EIN 36-2235791
Recordkeeping
$8,976,983
DELOITTE1+ years
Service code 49 · EIN 06-1454513
Other Services
$2,680,524
UNITED HEALTHCARE1+ years
Service code 13 · EIN 36-2739571
Contract Administrator
$2,353,690
EXPRESS SCRIPTS, INC1+ years
Service code 13 · EIN 22-3461740
Contract Administrator
$1,020,116
AETNA1+ years
Service code 13 · EIN 06-6033492
Contract Administrator
$555,529
AON CONSULTING, INC.1+ years
Service code 11 · EIN 22-2232264
Actuarial
$475,073
ERNST & YOUNG1+ years
Service code 10 · EIN 34-6565596
Accounting
$351,046
VOYA1+ years
Service code 14 · EIN 02-0488491
Plan Administrator
$267,597
ALCATEL-LUCENT USA INC.1+ years
Service code 35 · EIN 22-3408857
Direct payment from the plan; Employe...
$218,114
TRUVEN HEALTH ANALYTICS1+ years
Service code 15 · EIN 06-1467923
Recordkeeping
$177,997

Enrolled actuary

1 attachment
SB

LAWRENCE A. GOLDEN

AON CONSULTING INC.
Enrollment #1404197
400 ATRIUM DRIVE
SOMERSET, NJ 08873
(732) 302-2142
Signed 2016-09-28

Top hat statement on fileNQDC

Filed November 17, 2017 (most recent of 3 filings on file)

Open the filing PDF

Plan features & details

Pension benefit codes1B1E1I3F3H
Plan features
  • 1B
    Benefits are primarily flat dollar
    Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
  • 1E
    Section 401(h) arrangement
    Plan contains separate accounts under Code section 401(h) to provide employee health benefits.
  • 1I
    Frozen plan
    As 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.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • 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.

Expense breakdown

Schedule H Part II
Admin total
$20.7M
  • Other / not subdivided$21M100.0%
% of EOY assets
0.348%
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
ERNST & YOUNG LLP
Auditor EIN
346565596
Audit fees
(not subdivided)
Opinion code
Unqualified