Retirement plan
LUCENT TECHNOLOGIES INC. PENSION PLAN
ALCATEL-LUCENT USA INC.EIN 22-3408857Plan #002PY 2016
Other plans on this EIN
3 filingsProspect flagsHigh retiree %Wind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator signer
SUSAN LEAR
Signed 10/11/2017
Summary metrics
Total assets (EOY)
$5784.2M
+2.9% from 2016
Total participants
22,860
+3.1% from 2016
Average account balance
$0
No prior year
Annual return
6.66%
-32.60 pp from 2016
Benchmarks
Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants<25
Cohort1,680 peers
Snapshot2016
0
Participant deferral / active EE
$0
median $0
0
Employer contribution / active EE
$0
median $14,345
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $138,036
0
Admin fee / account holder
$0
median $7
75
Annual return
6.66%
median 3.72%
Overall peer rank
75of 100
75th 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 14 by compensation
| Provider | Service type | Compensation |
|---|---|---|
HEWITT ASSOCIATES LLC2+ years Service code 15 · EIN 36-2235791 | Recordkeeping | $5,814,241 |
UNITED HEALTHCARE2+ years Service code 13 · EIN 36-2739571 | Contract Administrator | $1,527,878 |
EXPRESS SCRIPTS, INC2+ years Service code 13 · EIN 22-3461740 | Contract Administrator | $1,153,019 |
AETNA2+ years Service code 13 · EIN 06-6033492 | Contract Administrator | $530,279 |
AON CONSULTING, INC.2+ years Service code 11 · EIN 22-2232264 | Actuarial | $436,511 |
ERNST & YOUNG2+ years Service code 10 · EIN 34-6565596 | Accounting | $340,209 |
SEYFARTH SHAW2+ years Service code 29 · EIN 36-2152202 | Legal | $156,289 |
TRUVEN HEALTH ANALYTICS2+ years Service code 15 · EIN 06-1467923 | Recordkeeping | $153,230 |
ALCATEL-LUCENT USA INC.2+ years Service code 35 · EIN 22-3408857 | Non-monetary compensation; Employee (... | $146,406 |
MAX-IT MAILING2+ years Service code 38 · EIN 22-3788849 | Participant Communication | $65,505 |
Enrolled actuary
1 attachment
SB
LAWRENCE A. GOLDEN
AON CONSULTING, INC.
Enrollment #1704197
400 ATRIUM DRIVE
SOMERSET, NJ 08873
(732) 302-2142
Signed 2017-09-15
Top hat statement on fileNQDC
Filed November 17, 2017 (most recent of 3 filings on file)
Plan features & details
Pension benefit codes1B1E1I3F3H
Plan features
- 1BBenefits are primarily flat dollarBenefits are primarily a flat dollar amount (including a dollar amount per year of service).
- 1ESection 401(h) arrangementPlan contains separate accounts under Code section 401(h) to provide employee health benefits.
- 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.
- 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
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.
Expense breakdown
Schedule H Part II
Admin total
$12.1M
- Other / not subdivided$12M100.0%
% of EOY assets
0.209%
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
- PRICEWATERHOUSE COOPERS LLP
- Auditor EIN
- 134008324
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified