Retirement plan
FCA US LLC PENSION PLAN
FCA US LLCEIN 27-0187394Plan #004PY 2022
1000 CHRYSLER DRIVE., CIMS 485-08-64 - AUBURN HILLS, MI 483262766248-576-5741fcausllc.comLinkedIn10001+ employeesmanagement consulting
Prospect flagsHigh retiree %Wind-down / frozen
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$4154.2M
+5.8% from 2016
Total participants
12,126
+21.5% from 2016
Average account balance
$0
No prior year
Annual return
-16.08%
-6.14 pp from 2016
Benchmarks
Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants1,000-4,999
Cohort102 peers
Snapshot2022
0
Participant deferral / active EE
$0
median $226
0
Employer contribution / active EE
$0
median $4,201
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $2,456,633
0
Admin fee / account holder
$0
median $14,884
71
Annual return
-16.08%
median -19.23%
Overall peer rank
71of 100
71st percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$3.73B
Average account balance
Total assets / participants with a balance (line 6g)
$314K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
10,100
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
$300.00M
Not enough data
2 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$43K
Not enough data
2 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+1.23%
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 6 by compensation
| Provider | Service type | Compensation |
|---|---|---|
TOWERS WATSON DELAWARE INC.6 years Service code 15 · EIN 53-0181291 | Recordkeeping | $730,855 |
MERCER6 years Service code 11 ONE TOWNE SQUARE · SOUTHFIELD, MI 48076 | Actuarial | $85,553 |
FCA US LLC8+ years Service code 14 · EIN 27-0187394 | Plan Administrator | $57,433 |
NORTON ROSE FULBRIGHT US LLP6 years Service code 29 · EIN 74-1201087 | Legal | $44,581 |
Service code 21 · EIN 04-6748526 | Bank Trustee | $24,798 |
BAKER TILLY1 year Service code 11 205 N. MICHIGAN AVE · CHICAGO, IL 60601 | Actuarial | $19,950 |
Enrolled actuary
1 attachment
SB
JEFFREY SCHRADER, FSA, EA, MAAA
MERCER
Enrollment #2307901
ONE TOWNE SQUARE, SUITE 1100
SOUTHFIELD, MI 48076
(248) 945-5594
Signed 2023-09-05
Top hat statement on fileNQDC
Filed January 31, 2024 (most recent of 2 filings on file)
Plan administrator
Plan administrator name— Sign in and upgrade to view
1000 Chrysler Drive, CIMS 485-08-78
Auburn Hills, MI 48326
Plans declared (4)
- Plan name not on file1 emp
- Plan name not on file160 emp
- Plan name not on file293 emp
- Plan name not on file12 emp
Total covered: 466 employees
Plan features & details
Pension benefit codes1B3H
Plan features
- 1BBenefits are primarily flat dollarBenefits are primarily a flat dollar amount (including a dollar amount per year of service).
- 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
$9.3M
$3198 / participant
- Investment mgmt$834K9.0%
- Other / not subdivided$8M91.0%
% of EOY assets
0.223%
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
- BAKER TILLY
- Auditor EIN
- 390859910
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified