Retirement plan
LUCENT TECHNOLOGIES INC. RETIREMENT PLAN
ALCATEL-LUCENT USA INC.EIN 22-3408857Plan #007PY 2015
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 10/11/2016
Summary metrics
Total assets (EOY)
$219.1M
+21.1% from 2016
Total participants
1,797
+3.9% from 2016
Average account balance
$0
No prior year
Annual return
11.32%
+23.58 pp from 2016
Benchmarks
Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants250-999
Cohort282 peers
Snapshot2015
0
Participant deferral / active EE
$0
median $0
0
Employer contribution / active EE
$0
median $5,193
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $82,591
0
Admin fee / account holder
$0
median $717
99
Annual return
11.32%
median -1.74%
Overall peer rank
99of 100
99th percentileavg across 6 metrics
Analytics
2015 - 2021
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$126K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
1,021
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
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
-93.41%
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 4 by compensation
| Provider | Service type | Compensation |
|---|---|---|
AON CONSULTING, INC.1+ years Service code 11 · EIN 22-2232264 | Actuarial | $249,600 |
ERNST & YOUNG1+ years Service code 10 · EIN 34-6565596 | Accounting | $202,997 |
HEWITT ASSOCIATES LLC1+ years Service code 15 · EIN 36-2235791 | Recordkeeping | $90,408 |
ALCATEL-LUCENT USA INC.1+ years Service code 35 · EIN 22-3408857 | Employee (plan sponsor); Non-monetary... | $28,519 |
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)
Plan features & details
Pension benefit codes1B1E3F3H
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.
- 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
$537K
$1049 / participant
- Other / not subdivided$537K100.0%
% of EOY assets
0.245%
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