Retirement plan
FCA US LLC UAW PENSION AGREEMENT
FCA US LLCEIN 27-0187394Plan #005PY 2018
1000 CHRYSLER DRIVE., CIMS 485-08-64 - AUBURN HILLS, MI 483262766248-576-5741fcausllc.comLinkedIn10001+ employeesmanagement consulting
Prospect flagsHigh retiree %Low employer contributionWind-down / frozen
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$9576.5M
+1.3% from 2016
Total participants
106,515
+2.0% from 2016
Average account balance
$0
No prior year
Annual return
-4.40%
-9.18 pp from 2016
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort223 peers
Snapshot2018
0
Participant deferral / active EE
$0
median $34
0
Employer contribution / active EE
$0
median $5,100
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $7,764,297
0
Admin fee / account holder
$0
median $62,356
35
Annual return
-4.40%
median -3.72%
Overall peer rank
17of 100
17th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$10.26B
Average account balance
Total assets / participants with a balance (line 6g)
$104K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
88,204
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
$1.04B
Contributions per participant
Average employer and participant contribution per enrolled participant
$82K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+1.06%
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 8 by compensation
| Provider | Service type | Compensation |
|---|---|---|
TOWERS WATSON DELAWARE INC.2 years Service code 15 · EIN 53-0181291 | Recordkeeping | $4,289,154 |
MERCER2 years Service code 11 ONE TOWNE SQUARE · SOUTHFIELD, MI 48076 | Actuarial | $674,000 |
Service code 21 · EIN 04-6748526 | Bank Trustee | $478,058 |
FCA US LLC4+ years Service code 14 · EIN 27-0187394 | Plan Administrator | $337,642 |
US EVALUATION SERVICES LLC4+ years Service code 49 · EIN 26-1278155 | Other Services | $22,150 |
NORTON ROSE FULBRIGHT US LLP2 years Service code 29 · EIN 74-1201087 | Legal | $18,587 |
THE MURRAY LAW GROUP, LLC2 years Service code 29 · EIN 38-3277185 | Legal | $5,236 |
NATIONWIDE I.M.E.4+ years Service code 12 671 EAST BIG BEAVER · TROY, MI 48083 | Claims processing; Other services; Di... | $5,160 |
Enrolled actuary
1 attachment
SB
JAMES C. FRIES
MERCER
Enrollment #1706416
ONE TOWNE SQUARE, SUITE 1100
SOUTHFIELD, MI 48076
(248) 945-5523
Signed 2019-09-24
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
3 tripped
- OpportunityLow employer contribution
Employer contribution per participant 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
$70.7M
$4078 / participant
- Contract admin$6M8.0%
- Other / not subdivided$65M92.0%
% of EOY assets
0.739%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Disclaimer opinion
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
- Auditor firm
- BDO
- Auditor EIN
- 135381590
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer